Money Monday
Ranora Daily - Your daily source for reliable market analysis and news.
Market Overview
Local News
Naira printing costs skyrocket by 306% - Punch
Firm Unveils Academy to Boost Nigeria’s $1.2bn Beverage Industry - Thisday
Dangote, NASSI partner to boost investments in Nasarawa - Punch
Wema Bank assets decline amid surge in profit - Punch
Global trade tensions weaken naira, drag oil prices - Punch
Global News
Euro zone investor index recovers in May after Trump tariffs hit - Reuters
Global economy already feeling drag from Trump tariffs - Reuters
Apple Selling Corporate Bonds for the First Time Since 2023 - Bloomberg
Sterling gains against dollar ahead of this week's BoE meeting - Reuters
Hong Kong Buys More US Dollars in Bid to Defend Currency Peg - Bloomberg
Romanian Assets Plunge as Election Deepens Political Turmoil - Bloomberg
Indices, Commodities & Currencies
Nigeria Sectoral Indices Performance
Events
Investment Tip of the Day
Use Dollar-Cost Averaging (DCA) to Reduce Risk — Instead of investing a lump sum all at once, spread your investments over regular intervals. This strategy helps smooth out market volatility and avoids the risk of poorly timed entries.