Finance Friday

Ranora Daily - Your daily source for reliable market analysis and news.

Data

Local

Global

*Data as of 4pm WAT

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News

Local

• Tinubu rallies NSA, monarchs as hunger protest looms

• Nigeria imported $2.25bn fuel from Malta

• Dangote Cement’s half-year profit slightly higher despite record revenue

• FG To Further Strengthen 50-Year-Old Business Ties With China

• Nigerian Govs Hold Closed-Door Meeting Amid Planned Protest

Global

• France’s train network hit by arson attacks hours before Olympic ceremony

• Venezuela opposition seeks to end 25 years of socialist power in Sunday vote

• US inflation rises moderately, consumer spending cools

• First Bank of England rate cut since 2020 hangs on knife edge

• Japan urges G20 vigilance against excessive FX fluctuations

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Events

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Investment Tip of The Day

Before investing in any stock or financial instrument, it's crucial to conduct thorough research. Understand the company's business model, financial health, industry position, and growth prospects. Look at key metrics such as revenue, earnings, debt levels, and profit margins. Also, consider macroeconomic factors and market trends that might impact the company.

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Disclaimer: The information contained in this report is intended for informational purposes only and should not be considered as investment advice. The information is obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.

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