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

• Nigerians borrow N3.9tn as economic crisis bites harder

• NNPC shifts $700m gas pipeline delivery date to August

• Naira sells 1,485/dollar as official forex market records $23bn

• Food price hike worries operators amid N1.25tn agric budget

• FBN Holdings gross earnings soared by 181% in Q1

• FG spent $15bn on debt servicing in five years — CBN report

• Liquidity Pressure: Banks Borrow N3.76tn from CBN in Three Weeks

Global

• Treasury yields are flat as investors gear up for inflation data

• Macron's ministers say a polarising French election risks stoking unrest

• Dollar weakens after yen steadies amid intervention jitters

• Oil edges higher as demand expectations offset dollar strength

• Asia-Pacific markets slip as investors await Australia and Japan inflation data later this week

• Volatility Grips Stocks as Nvidia Rout Accelerates: Markets Wrap

• Ukraine has hit over 30 Russian oil refineries, depots, Zelenskiy says

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Events

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Investment Tip of The Day

Consider Dividend Growth Stocks. Investing in companies with a strong track record of consistently increasing their dividends can provide a reliable source of income and potential capital appreciation. Dividend growth stocks often belong to well-established companies with stable earnings and solid business models, making them a relatively safe investment choice.

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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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