INFLATION WATCH – July 2023
Inflation Watch – Headline and Core (modified) Inflation at 24.08% y/y and 20.47% y/y Nigeria’s inflation for July jumped to 24.08% y/y, from 22.79% y/y in June 2023, accruing 1.29%…
FINANCIAL MARKETS TODAY –16 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦33.55 billion long, compared to ₦191.21 billion recorded yesterday, due to the FGN bond auction settlement that took place today.…
FINANCIAL MARKETS TODAY –15 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦193.20 billion long, depicting 35.23% compared to the value recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight…
FINANCIAL MARKETS TODAY –14 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦215.74 billion long, compared with ₦298.28 billion recorded last Friday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate…
AIICO BALANCED FUND NEWSLETTER – July 2023
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…
FINANCIAL MARKETS WEEKLY – 11 August 2023
FIXED INCOME MARKETS Money Markets System liquidity clinged at closed range bands for most part the week but declined by 39.36% this week. Nevertheless, the Open Repo Rate (OPR) and…
Monthly Financial Market Update – July 2023
So far, the Fed has raised policy rate by a cumulative of over 500bps since early 2022...
FINANCIAL MARKETS TODAY –08 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to ₦360.65billion long, compared with ₦294.35 billion recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) decreased…
AIICO MONEY MARKET FUND NEWSLETTER – July 2023
OVERVIEW AIICO Money Market fund is an open-ended collective investment vehicle that pools investment monies from various individuals, Corporate organizations, and High Net-worth Clients (HNC) for the purpose of investing…
FINANCIAL MARKETS TODAY –07 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦294.35billion long, compared with ₦355.75 billion recorded last week Friday. However, the Open Repo Rate (OPR) and the Overnight Rate…
