Money Monday

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

Data

Local

Global

*Data as of 4pm WAT

---

News

Local

• FG raised over N4tn via bonds in six months

• Hunger protest: Nigeria may lose N400bn daily, says CPPE

• Only NNPCL can buy Dangote petrol – IPMAN

• Customs Exceed Revenue Target, Rake In ₦2.74tn H1 2024

• CBN Sells Another $148m To Authorised Dealers

Global

• Nasdaq, S&P 500 rise on prospect of Big Tech results, Fed decision

• India cenbank withdraws open access to foreigners on new 14-yr, 30-yr debt

• New UK government cuts billions of pounds of spending to fix 'unsustainable' finances

• Israeli officials say they want to avoid all-out war in Lebanon retaliation

• Streets quiet in Venezuela as government, opposition tussle over election result

---

Events

Nil.

---

Investment Tip of The Day

Keep a close eye on central bank policies, as changes in interest rates and monetary policy can significantly impact market conditions and investment opportunities. For instance, rate hikes may affect borrowing costs and consumer spending, while rate cuts can stimulate economic growth. Understanding these dynamics can help you make informed decisions about asset allocation, sector exposure, and risk management in your portfolio.

---

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.

---