Money Monday

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

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Market Overview

Local News

• Lasaco Assurance explores PPP with cooperative scheme - Punch

• Dangote Holds Key To Lower Inflation In Nigeria- Channels

• Nigeria At Risk Over Trump’s Proposed Extra 10% Tariff Against BRICS- Channels

• CBN Clarifies NRBVN Charges For Nigerians In Diaspora- Channels

• H1: At -10.12%YtD, Oil & Gas Index Emerges Worst Performing Indicator on NGX - Thisday

• H2: Analysts Forecast Stronger Capital Inflows, Bond Market Gains, FX Stability - Thisday

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Global News

• Trump announces steep tariffs on five more countries starting Aug. 1 - CNBC

• Tesla loses $68 billion in value after Elon Musk says he is launching a political party - CNBC

• Dow slides more than 400 points Monday as new Trump tariffs incite sell-off- CNBC

• Stocks Slide as Trump’s Tariff Plans Boost Dollar- Bloomberg

• Stocks fall, dollar up as Trump plans 25% tariffs on Japan, South Korea - Reuters

• Hong Kong listings pipeline hits record high as equity market booms - Financial Times

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Indices, Commodities & Currencies

Fixed Income (USA & FGN Bonds)

Nigeria Sectoral Indices Performance

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.