Finance Friday

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

Market Data

Local

Global

*Data as of 4pm WAT

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Market News

Local

• Nigerian banks to charge 0.375% stamp duty on loans

• Power generation hits 4800MW –FG

• Govt borrows N11tn via bonds, T-bills in four months

• NIN-SIM linkage: MTN blocks 8.6m lines as NCC extends deadline

Global

• Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%

• US high yield spreads still tight despite pick-up in distress

• SocGen trader fired for ‘unauthorised’ bets blames ‘risk team and bosses’

• Euro zone factory activity takes turn for the worse in April, PMI survey shows

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Market 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.

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