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

• Sanwo-Olu emerges South West Govs’ forum chairman

• NIN, TIN harmonisation to fight tax evasion

• Russia sending Nigerians, other African students to war for visa renewal

• States Urge FG On Nationwide Metering, To End Electricity Subsidy

• Nigeria Ramps Up Agricultural Exports By 123%- NBS

• Nigeria’s Currency in Circulation Hit All-time High at N3.97tn

Global

• Gold stabilizes after Friday’s plunge as focus turns to U.S. inflation data

• European stocks close lower after Macron calls snap election; French CAC 40 down 1.4%

• Oil slips on dollar’s strength from U.S. jobs data

• Long-dated Treasury holdings downsized as Fed faces tough inflation choices

• Indian PM Modi's government retains Sitharaman as finance minister

• Japan's Q1 GDP fell less than first reported on revised capex

• Israel thrust between far-right support and Gaza cease-fire, as Netanyahu rival quits war cabinet

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Events

Nil

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Investment Tip of The Day

Index funds are a solid choice for long-term investors seeking steady growth. These funds replicate the performance of major market indices, such as the S&P 500, offering broad market exposure and diversification at a low cost.

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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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