AIICO BALANCED FUND NEWSLETTER – DECEMBER 2025
OVERVIEW AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments and both Quoted and Unquoted equities. INVESTMENT OBJECTIVE The investment objective of the Fund is to create medium to long term…
AIICO MONEY MARKET FUND NEWSLETTER – DECEMBER 2025
OVERVIEW 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 money market securities,…
FINANCIAL MARKETS TODAY – 5 January 2026
System Liquidity System liquidity closed with a ₦3.41 trillion surplus, up ₦54.83bn day-on-day, driven by higher SDF placements and bond coupon inflows. Funding costs eased, with OPR at 22.50% and OVN down 4bps to 22.71%. Treasury Bills The NTB market…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 2 JANUARY 2026
System Liquidity: Liquidity Swings Amid Holiday Crunch Liquidity was volatile during the shortened holiday week, boosted midweek by OMO maturities but easing toward week-end as SDF placements declined. Funding conditions remained relatively favourable,…
FINANCIAL MARKETS TODAY – 31 December 2025
System Liquidity System liquidity closed lower at ₦3.82trn due to reduced SDF placements. Funding costs were stable, with OPR and overnight rates closing unchanged at 22.50% and 22.75%. Treasury Bills The NTB secondary market traded quietly with flat…
FINANCIAL MARKETS TODAY – 30 December 2025
System Liquidity System liquidity improved sharply to ₦5.15trn, supported by ₦594bn OMO maturities and higher SDF placements. Funding costs eased as OPR stayed at 22.50% while O/N declined to 22.75%. Treasury Bills NTB secondary market traded calm to…
FINANCIAL MARKETS TODAY – 29 December 2025
System Liquidity System liquidity remained in surplus at ₦3.79trn, though slightly lower w/w, as SDF placements declined; funding rates ticked higher with OPR at 22.50% and O/N at 22.79%, reflecting still-comfortable liquidity. Treasury Bills The NTB…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 25 DECEMBER 2025
System Liquidity: Improvement in System Liquidity Pushes Funding Cost Lower by 4bps w/w Interbank system liquidity remained robust throughout the week, supported by sustained DMB placements at the CBN’s SDF window, alongside OMO maturities and bond…
FINANCIAL MARKETS TODAY – 23 December 2025
System Liquidity Liquidity opened stronger at ₦3.82tn surplus (+₦1.67tn d/d), driven by ₦1.14tn OMO maturity, while OPR and O/N held steady at 22.50% and 22.68%, keeping average funding cost flat at 22.59%. Treasury Bills NTBs were largely mixed and…
FINANCIAL MARKETS TODAY – 22 December 2025
System Liquidity System liquidity opened stronger at ₦3.88tn (+₦595bn), supported by higher DMB placements at the SDF and PMA inflows, despite a sizable OMO allotment; funding costs eased with OPR at 22.50% and O/N down to 22.68%. Treasury Bills NTB…