Money Monday
Ranora Daily - Your daily source for reliable market analysis and news.
Market Data
Local
Global
*Data as of 4pm WAT
Market News
Local
NUPRC threatens to revoke licences of defaulting operators - Punch
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may revoke oil and gas operators' licenses for not remitting the required three percent to Niger Delta host communities by September 2023. The NUPRC criticized operators' delays, emphasizing the serious implications for host communities and upstream operations in the affected areas.
Marketers get foreign investors’ backing for 30,000 gas stations -Punch
Oil marketers have secured approval from domestic and international financiers to develop approximately 30,000 gas stations across Nigeria. Many of these stations are being converted to dispense gas, aligning with the government's plan to deploy 11,000 CNG-fueled vehicles to ease the impact of fuel subsidy removal.
Weekly Investment Watchlist
The Week Ahead:
Monday:
Tuesday:
Wednesday:
ISM Services PMI (US)
Thursday:
Unemployment Claims (US)
Friday:
Investment Tip of The Day
Active vs. Passive Management: Understand the pros and cons of active and passive management strategies to choose what suits your objectives.
Meme of the Day
