INFLATION WATCH – June 2023
Inflation Watch -The furnace rages on Nigeria’s inflation accelerated to 22.79% YoY in June 2023, higher by 0.38% compared to 22.41% YoY recorded in May (Bloomberg Est. 23.00%). The headline…
FINANCIAL MARKETS TODAY –18 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦513.33 million long, compared with ₦430.12 million recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased…
FINANCIAL MARKETS TODAY –17 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦430.12 million long, compared with ₦440.52 million recorded last week Friday. Consequently, the Open Repo Rate (OPR) and Overnight Rate…
AIICO MONEY MARKET FUND NEWSLETTER – June 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 WEEKLY – 14 July 2023
FIXED INCOME MARKETS Money Markets System liquidity declined by 46.15% to ₦440.52 billion from ₦818.00 billion recorded at close of last week. Consequently, the Open Repo Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY –13 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦600.47 million long, compared with ₦849.86 million recorded yesterday. Consequently, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased…
FINANCIAL MARKETS TODAY –12 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦849.86 million long, compared with ₦828.40 million recorded yesterday. Thus, the Open Repo Rate (OPR) and Overnight Rate (O/N) increased…
FINANCIAL MARKETS TODAY –11 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦828.40 million long, compared with ₦822.74 million recorded yesterday. Thus, the Open Repo Rate (OPR) and Overnight Rate (O/N) slipped…
Monthly Financial Market Update – June 2023
Global Macroeconomic Review In the early period of June, the World Bank revised global GDP growth rate for 2023 from 1.7% predicted in January, to 2.10%. The World Bank expects…
FINANCIAL MARKETS TODAY –10 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦822.74 million long, compared with ₦818.00 million recorded last Friday. Thus, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
