Monthly Financial Market Update – June 2025
Global Macroeconomic Review United States: The US Labor markets have begun showing unmistakable signs of fatigue, with employers adding a disappointing 139,000 jobs in May, falling well short of market…
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Global Macroeconomic Review United States: The US Labor markets have begun showing unmistakable signs of fatigue, with employers adding a disappointing 139,000 jobs in May, falling well short of market…
System Liquidity Liquidity started strong but tightened midweek due to a ₦600bn OMO auction and corporate tax remittances. CBN’s CRR debits later drained liquidity, spiking rates to 29%. Week-on-week, OPR…
System Liquidity The interbank market was quiet with no significant funding movements. Liquidity remained stable, keeping the OPR and O/N rates unchanged at 26.50% and 27.00%, respectively. Treasury Bills Bullish…
System Liquidity Interbank liquidity remained strong despite DMBs’ tax outflows. Rates held steady, with the OPR at 26.50% and the O/N rate inching up by just 4bps to 27.00%, supported…
System Liquidity Strong liquidity from CBN disbursements kept rates stable at 26.5%. OPR dropped slightly by 8bps to 26.50%, while the O/N rate eased 21bps to 26.96%. Treasury Bills Market…
OVERVIEW AIICO Eurobond Fund is an open-ended Dollar denominated mutual fund, strategically investing in high-quality Nigeria sovereign & non-sovereign Eurobonds and in investment-grade money market instruments. INVESTMENT OBJECTIVES The investment…
System Liquidity System liquidity remained healthy early on but tightened after the CBN’s ₦600bn OMO auction. Interbank rates rose slightly, with OPR at 26.58% and O/N at 27.17%. Treasury Bills…
System Liquidity Liquidity swung sharply during the week, peaking at ₦1.58 trillion after FAAC and NTB inflows. Despite midweek CBN settlements driving OPR/O/N rates above 32%, rates closed lower at…
System Liquidity Liquidity surged after FAAC inflows and ₦283.79bn NTB maturities, easing funding pressure. Interbank rates dropped significantly, with OPR falling to 26.50% and O/N to 26.95%, marking a sharp…
System Liquidity Liquidity stayed tight due to FGN bond settlements, pushing interbank rates higher. OPR rose 80bps to 32.20%, and O/N rate increased 70bps to 32.60%. Treasury Bills Market activity…