AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
Inflation Watch – Nigerian Inflation accelerates to 33.69% in April. In April, Nigeria’s headline inflation increased to 33.69% year-on-year from 33.20% in March 2024 (Bloomberg’s estimate: 34.20%). However, monthly headline…
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity declined further today, from -₦298.28 billion reported yesterday to -₦323.25 billion today. Consequently, the Open Repo Rate (OPR) increased by 83bps to…
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened short today, at -₦298.28 billion from ₦81.10 billion surplus reported last week Friday. Consequently, the Open Repo Rate (OPR) increased by 86bps…
FIXED INCOME MARKETS MONEY MARKETS After a positive opening balance at the start of the week, the sale of ₦260.55 billion worth of OMO bills drained the system liquidity, resulting…
Global Macroeconomic Review United States: The hope for stability in the prices of goods and services continued to wane as the recent inflation data reignited concerns around sticky inflation, uncertainty…
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity improved to ₦294.27 billion from -₦46.40 billion reported yesterday. Consequently, the Open Repo Rate (OPR) declined by 74bps to 28.22%, while the…
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…
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…
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity improved to -₦46.39 billion from -₦173.45 billion reported yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 43bps to 28.96%, while the…
FIXED INCOME MARKETS MONEY MARKETS Due to yesterday’s OMO bills auction debit, opening system liquidity fell short today to -₦173.45 billion from ₦296.33 billion. Consequently, the Open Repo Rate (OPR)…
