Monthly Financial Market Update – April 2025
Global Macroeconomic Review United States:The U.S. economy presented a paradox in April 2025. A rare month-on-month CPI decline of 0.1% for March was observed—the first drop since May 2020—driven by…
FINANCIAL MARKETS WEEKLY – 02 MAY 2025
System Liquidity Interbank liquidity stayed robust, opening at ₦1.365 trn and closing at ₦1.248 trn, buoyed by ₦259 bn bond coupons and CBN inflows, offsetting ₦804.85 bn OMO auctions. OPR…
AIICO EUROBOND FUND NEWSLETTER – APRIL 2025
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…
FINANCIAL MARKETS TODAY – 30 April 2025
System Liquidity Ample system liquidity around ₦1 trillion kept short-term rates steady. OPR remained flat at 26.50%, while the O/N rate eased slightly by 12bps to 26.83%. Treasury Bills The…
FINANCIAL MARKETS TODAY – 29 April 2025
System Liquidity Despite a ₦500bn OMO settlement, liquidity stayed strong. Interbank rates remained elevated, with OPR flat at 26.50% and O/N rate edging up to 26.95%, reflecting resilient system liquidity.…
FINANCIAL MARKETS TODAY – 28 April 2025
System Liquidity Interbank liquidity stayed strong, supported by ₦259.7 billion FGN bond coupon inflows. The OPR and O/N rates remained steady at 26.50% and 26.88%, respectively, reflecting stable market conditions.…
FINANCIAL MARKETS WEEKLY – 26 APRIL 2025
System Liquidity System liquidity improved significantly to ₦1.785 trillion, driven by inflows from FAAC, FX swaps, and bond coupons, keeping money market rates stable near 26.5% despite large NTB and…
FINANCIAL MARKETS TODAY – 24 April 2025
Despite a significant ₦714.38 billion outflow for NTB auction settlement, Nigeria’s interbank market maintained strong liquidity. This supported stable short-term interest rates, with the Overnight Policy Rate (OPR) holding at…
FINANCIAL MARKETS TODAY – 23 April 2025
Money Market Interbank liquidity jumped significantly after yesterday’s triple inflow injection – FAAC allocations to local governments, FGN bond coupon payments, and substantial CBN Remita receipts – which more than…
FINANCIAL MARKETS TODAY – 22 April 2025
Money Market Ample system liquidity persisted as ₦145 billion in bond coupon payments balanced out CBN’s FX settlement outflows. This kept money market rates anchored near 26.5%, with the Overnight…
