FINANCIAL MARKETS TODAY – 03 September 2021
₦393.10 billion, lower than previous day’s opening of ca ₦431.83 billion. The Open Buy Back (OBB) and Overnight (ON) rates trended higher to settle at 13.00% and 13.50% from 4.33%…
AIICO MONEY MARKET FUND NEWSLETTER – August 2021
AIICO Money Market fund is an open-ended collective investment vehicles that pools investment monies from various individuals, Corporate organizations and High Net-worth Clients (HNC) for the purpose of investing in…
FINANCIAL MARKETS TODAY – 02 September 2021
FIXED INCOME MARKET Money Markets System liquidity reduced marginally today, opening with a balance of ca ₦431.83 billion, lower than previous day’s opening of ca ₦432.62 billion. Nonetheless, the Open…
AIICO BALANCED FUND NEWSLETTER – AUGUST 2021
Overview AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments, and both Quoted and Unquoted equities. Fund Performance The bargain hunting drove market…
FINANCIAL MARKETS TODAY – 01 September 2021
System liquidity improved today, opening with a balance of ca ₦432.62 billion, higher than previous day’s opening of ca ₦237.91 billion. Thus, the Open Buy Back (OBB) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 31 August 2021
System liquidity opened with a balance of ca ₦237.92 billion, as OMO maturities of ₦57.00 billion impacted the system. Nonetheless, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 30 August 2021
Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 6.50% and 7.17% from 8.33% and 8.50% respectively on Friday, suggesting higher liquidity levels in the system…
FINANCIAL MARKETS TODAY – 27 August 2021
FIXED INCOME MARKET Money Markets Liquidity in the banking system eased slightly today, opening with a balance of ca ₦137.27 billion, lower than the previous day’s opening of ca ₦258.10…
Nigeria’s GDP for Q2 2021 expanded by +5.01% year-on-year
Data released by the National Bureau of Statistics (NBS) show that the Nigerian economy expanded for the third consecutive quarter, growing at its fastest pace since Q4 2014. The Nation’s…
FINANCIAL MARKETS TODAY – 26 August 2021
FIXED INCOME MARKET Money Markets Banking system liquidity improved today, opening with a balance of ca ₦258.10 billion, better than the previous day’s opening of ca – ₦80.92 billion. As…
