Finance Friday

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

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Market Overview

Local News

• Security investments driving up crude production cost – NNPC– Punch

• CBN’s N2bn BDC recapitalisation threatens Northern operators - Punch

• Oil Steadies As Investors Weigh Tariff Impact - Channels

• Stock Market Gains N1.76trn to Cross N78trn in Market Capitalisation - Thisday

Global News

• Trump’s ‘big beautiful bill’ could deliver 45.5% ‘SALT torpedo’ for high earners, tax pro says - CNBC

• Dow drops 200 points, S&P retreats from record as Trump escalates trade battles - CNBC

• US, India in Talks on Trade Deal That May Cut Tariff Below 20% - Bloomberg

• High-priced stocks and bonds raise tariff threat for markets - Reuters

• Commodity traders poised for $300mn windfall from US copper rush- Financial Times

Indices, Commodities & Currencies

Fixed Income (USA & FGN Bonds)

Nigeria Sectoral Indices Performance

Events

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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.