AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
Global Macroeconomic Review United States: The U.S. economy displayed resilience in September with robust job gains, as non-farm payroll employment surged by 254,000, significantly surpassing projections. This strong labor market…
Money Market System liquidity opened lower today; however, after the OMO auction, interbank rates closed significantly higher. Specifically, the Overnight Policy Rate (OPR) increased by 10.59% to 29.81%, while the…
Money Market System liquidity stayed relatively buoyant due to the absence of significant debits. Consequently, the interbank market remained stable. The Overnight Policy Rate (OPR) decreased by 3 bps to…
Money Markets System liquidity saw a substantial improvement this week, driven by inflows from OMO maturities, remita inflows, and Signature bonuses, despite debits from FX settlements and CRR. This positive…
Money Market System liquidity remained positive and improved despite today’s foreign exchange (FX) settlement. As a result, funding rates eased significantly. Specifically, the Overnight Policy Rate (OPR) decreased by 3.71%…
Money Market The financial system maintained relatively stable liquidity levels, leading to a reduction in funding rates due to the lack of significant funding pressure. Consequently, both the Overnight Policy…
Money Market System liquidity remained strong, although it saw a slight decline. This stability was mainly supported by inflows from the maturity of OMO totaling ₦325 billion, which offset the…
Money Market System liquidity improved today, bolstered by inflows from the FGN Bond coupon amounting to ₦259.35 billion. However, rates are still hovering around 27% due to the settlement related…
Money Markets System liquidity experienced a significant improvement, increasing by ₦1,021.27 billion, shifting from a debit position of ₦837.29 billion to a credit of ₦183.98 billion. This positive change was…
Money Market System liquidity improved slightly as FAAC credits have begun to come in gradually. However, the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) increased by 1.28% and…
