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 – Nigeria’s Inflation Rate Continues Downward Trend, Reaches 23.18% in February Nigeria’s headline inflation decreased to 23.18% in February 2025, continuing its downward trend for the second consecutive…
Money Market Interbank liquidity improved slightly today, bolstered by FGN bond coupons but stayed in negative territory, keeping rates elevated. The Overnight Policy Rate (OPR) increased by 2 bps to…
Money Markets Interbank liquidity remained in negative territory throughout the week, driven by CRR debits and subsequent liquidity constraints. Despite inflows for oil-producing states, market illiquidity persisted, keeping interbank rates…
Money Market Interbank liquidity deteriorated further today, plunging deeper into negative territory after the net NTB settlement of c.₦516.59 billion. Consequently, interbank rates remained high, with the Overnight Policy Rate…
Money Market Interbank liquidity worsened today, sinking deeper into negative territory. As a result, interbank rates edged higher, with the Overnight Policy Rate (OPR) and Overnight Rate (O/N) increasing by…
Money Market Interbank liquidity started lower today after pending CRR debits were settled. Despite inflows for oil-producing states, market illiquidity persisted, keeping rates elevated. The Overnight Policy Rate (OPR) climbed…
Global Macroeconomic Review United States: The U.S. economy in early 2025 showed mixed signals. Manufacturing rebounded after 27 months, with the ISM Manufacturing PMI improving, while the ISM Services PMI…
Money Market Interbank liquidity improved slightly today but remained in negative territory due to last Friday’s CRR activity. However, interbank rates edged higher, with the Overnight Policy Rate (OPR) rising…
Money Markets Interbank liquidity remained positive throughout the week, supported by OMO maturities and FAAC inflows. As a result, interbank rates initially declined, with the Overnight Policy Rate (OPR) and…
Money Market Interbank liquidity significantly improved today, but the market tightened following the CBN’s OMO auction. The CBN offered ₦600 billion across two long-dated papers, with subscriptions reaching ₦1.877 trillion…
