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

• #EndBadGovernanceInNigeria protest organisers call for IG’s sacking

• Dangote refinery designed to process Nigerian crude – CEO

• NNPCL demands N4.7tn petrol imports refund

• I Inherited ₦3.2bn Debt, ₦500m Unaccounted For When I Assumed Office — NAFDAC DG, Adeyeye

• Nigeria ranked ninth African investment destination

Global

• Wall St edges lower as volatile week draws to a close

• Dollar dips as yen heads for first weekly drop in six

• US yields dip after volatile week, traders eye inflation data

• European shares rise amid turbulent week for stocks

• Global oil demand needs to rise faster to absorb OPEC+ hike

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Events

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Investment Tip of The Day

Consider using tax-loss harvesting as a strategy to minimize your tax liability. This involves selling investments that have decreased in value to offset the capital gains from other investments. By realizing these losses, you can reduce your taxable income, and then reinvest the proceeds in similar assets to maintain your portfolio's balance.

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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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