Money Monday

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

• 36 states got N39.6bn as ecological funds – FG

• Real sector dominates $876.26m CBN Dutch auction

• Ecobank grows profit to N311bn

• Heritage Bank: Why 17.64% Depositors Haven’t Been Paid — NDIC

• NIPCO posts 69% rise in gross revenue

Global

• Wall St edges lower in lead up to data deluge

• Yen dips, markets stabilise ahead of US inflation data

• China's treasury market rattled as central bank squares off with bulls

• Treasury yields fall as attention turns to inflation data

• OPEC cuts oil demand growth forecast, highlighting dilemma over Oct hike

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Events

Nil.

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Investment Tip of The Day

In times of market volatility, prioritize liquidity in your portfolio. Liquid assets, such as cash or easily tradable securities, allow you to quickly respond to market changes, take advantage of buying opportunities, or cover unexpected expenses without having to sell other investments at a loss.

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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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