Finance Friday
Ranora Daily - Your daily source for reliable market analysis and news.
Market Overview
Local News
Tinubu signs order to slash oil project costs- Punch
Broad money supply rose to N119tn in April – CBN– Punch
Coronation Merchant Bank Reports N12.9bn Profit, Reaffirms Strategic Focus- Thisday
Ponzi Schemes: SEC Raises Alarm, Highlights Devastating Impact on Investors, Economy - Thisday
Global News
Gap shares fall as retailer says tariffs could cost $100 million to $150 million- Cnbc
Asia-Pacific markets fall as U.S. appeals court reinstates Trump tariffs - Cnbc
South Korean stocks surge 2% to lead gains in Asia-Pacific after Trump pauses EU tariffs - Cnbc
German inflation eases to hotter-than-expected 2.1% in May - Cnbc
Investors see US stocks rally broadening, even as 'Magnificent Seven' rebound - Reuters
Oil prices fall on possible larger OPEC+ output hike for July - Reuters
Dividends 2025
Indices, Commodities & Currencies
Nigeria Sectoral Indices Performance
Events
Investment Tip of the Day
“Consistency is your secret weapon—small, steady investments (weekly or monthly) can often outperform the stress of trying to time the market. Let the magic of compounding do the heavy lifting, turning patience into powerful growth over time.”