FINANCIAL MARKETS TODAY –12 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity began the week with a credit balance of ca ₦33.01 billion, a decline from Friday’s balance of ca ₦101.68 billion. Thus, the…
FINANCIAL MARKETS TODAY – 9 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ca ₦101.68 billion, significantly higher than yesterday’s opening balance of ca ₦58.82 billion. Thus, the Overnight Policy…
FINANCIAL MARKETS TODAY – 8 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened c.₦66.19billion long amid today’s NTB Auction settlement, compared to c.₦54.40 billion reported the previous day. Consequently, the Overnight Policy Rate (OPR)…
Monthly Financial Market Update – September 2022
Macroeconomic Review CBN hikes benchmark interest rate to 15.50% as inflation accelerates to 20.52% in August At the penultimate Monetary Policy Committee (MPC) meeting for 2022, the Committee voted unanimously…
FINANCIAL MARKETS TODAY – 7 September 2022
FIXED INCOME MARKET Money Markets Opening interbank system liquidity printed at c.₦ 54.40billion long, compared to c.₦ 66.07 billion reported the previous day. Consequently, the Overnight Policy Rate (OPR) and…
FINANCIAL MARKETS TODAY – 6 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at c.₦ 66.07billion long, compared to c.₦ 112.41 billion reported the previous day. However, the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 5 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened lower at c.₦112.41 billion, compared to last week Friday’s opening balance of c.₦392.48 billion. Consequently, the Overnight Policy Rate (OPR) and…
AIICO MONEY MARKET FUND NEWSLETTER – AUGUST 2022
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…
AIICO BALANCED FUND NEWSLETTER – August 2022
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 TODAY – 2 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved to c.₦392.48 billion versus c.₦368.47 billion reported the previous day. However, the Overnight Policy Rate (OPR) and Overnight Rate(O/N) increased to…
