Trading Tuesday
Ranora Daily - Your daily source for reliable market analysis and news.
Market Overview
Local News
Audit flop: Nigeria forfeits $4m from World Bank loan - Punch
Morison Industries posts N18.5bn Q1 loss - Punch
Legend Internet records N32.9m profit - Punch
FG’s $5b Oil-Backed Loan From Aramco Slowed By Low Oil Price- Channels
Nigeria’s Oil Revenue Rises As Bonny Light Hits $78/b, Above 2025 Benchmark - Channels
Global News
Oil up 1% at 7-week high on hopes of positive US-China trade talks - Ruters
Ukraine's May inflation at 15.9% due to rising food prices - Reuters
Stocks tick higher as investors await details on U.S.-China trade talks progress: Live updates - Cnbc
Wells Fargo says Tesla shares to drop 60% with sales trending ‘meaningfully weaker’ - Cnbc
Blackstone Plans $500 Billion Europe Investment, CEO Says - Bloomberg
Indices, Commodities & Currencies
Nigeria Sectoral Indices Performance
Events
Investment Tip of the Day
💡 Diversify, but not too much.
Diversification helps spread risk, but over-diversifying can water down your returns and make managing your portfolio harder. Aim for a balanced portfolio with 5-10 high-quality investments across different sectors and asset classes that align with your risk tolerance and financial goals.