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

• ‘It’s unconstitutional,’ lawyers to sue Tinubu, others for re-introducing old national anthem

• ‘Pay Or Get Disconnected’, DisCo Gives June 3 Deadline To Customers

• Tinubu To Present 2024 Supplementary Budget To NASS

• FG Announces Nationwide CNG Mass Transit Conversion Program, Gives 50% Discount

• N17.8b Debt: Court Gives GTBank Nod to Seize Afex Commodities Exchange Assets

• Nigeria eyes fresh 480,000bpd as NNPC, ExxonMobil sign new deal

• Equity market sustains bullish run as investors gain N259bn

Global

• S&P 500, Nasdaq drop as investors weigh Fed moves after inflation data

• Trump Media slides after former president's criminal conviction

• Euro zone inflation rises in fresh signal for ECB caution

• Oil alliance OPEC+ could extend production cuts this weekend as focus shifts away from Middle East tensions

• Japan confirms first currency intervention since 2022 with $62 billion in spending

• Britain cuts stake in NatWest via £1.24 billion share sale

• Gold ticks lower as U.S. inflation data boosts Fed rate cut bets

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Events

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Investment Tip of The Day

Regularly review and update your investment goals to ensure they align with your changing life circumstances and financial objectives. Life events such as getting married, buying a home, or nearing retirement can significantly impact your financial priorities and risk tolerance. Periodically reassess your investment strategy and asset allocation to reflect these changes.

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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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