FINANCIAL MARKETS TODAY – 20 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦30.57 billion, a slight improvement from Friday’s deficit balance of ca -₦24.36 billion.…
AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦30.57 billion, a slight improvement from Friday’s deficit balance of ca -₦24.36 billion.…
Nigeria’s Headline Inflation Figures: Sustained downward Trajectory The National Bureau of Statistics (NBS) confirmed in its monthly report, the nation’s Eighth consecutive month of disinflation, with the Consumer Price Index…
FIXED INCOME MARKET Money Markets Interbank system liquidity retracted to open with a deficit balance of ca -₦24.36 billion, lower than yesterday’s opening of ca ₦77.59 billion. Thus, the Overnight…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦77.59 billion, a slight improvement from yesterday’s deficit balance of ca -₦65.10 billion. Thus, the…
Macroeconomic Update Nigeria’s Consumer Price Index (CPI) for November dropped by 59bps, to settle at 15.40% year-on-year from October figures which were printed at 15.99%, as indicated in the reports…
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit with an open balance of -ca ₦51.42billion, lower than yesterday’s opening balance of ca ₦120.38 billion. Thus, the…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦120.38 billion, albeit lower than Friday’s opening balance of ca ₦192.51 billion. However,…
FIXED INCOME MARKET Money Markets Interbank system liquidity improved further today, opening with a balance of ca ₦192.51 billion, better than previous day’s opening balance of ca ₦14.65 billion. Nevertheless,…
FIXED INCOME MARKET Money Markets Interbank system liquidity improved slightly today, opening with a balance of ca ₦14.65 billion, better than previous day’s opening balance of ca ₦5.25 billion. Thus,…
Macroeconomic Review Sustained Growth in the Nigerian Economy, with Q3 2021 GDP at 4.03% year-on-year Nigeria sustained its growth trajectory for the fourth consecutive quarter, as the economy recorded a…