Money Monday
Ranora Daily - Your daily source for reliable market analysis and news.
Market Overview
Local News
Pension funds hit N23tn as new scheme begins- Punch
Market cap gain N1.7tn in one week- Punch
Seven banks’ reserves with CBN surge to N18.8tn- Punch
Nigeria’s Oil, Gas Revenue Rises By 70% Year-On-Year- Channels
Nigeria’s Petrol Price 55% Below Neighbouring Countries’ Average — Dangote - Channels
Global News
Shares and dollar tumble as tariff tensions flare - Reuters
Oil leaps 4% after OPEC+ keeps output increase unchanged - Reuters
Toyota Industries to accept Toyota Group's $42 billion offer, Nikkei reports- Reuters
S&P 500 Whipsaws at End of Best May Since 1990: Markets Wrap - Bloomberg
South Korean stocks surge 2% to lead gains in Asia-Pacific after Trump pauses EU tariffs - Cnbc
Indices, Commodities & Currencies
Nigeria Sectoral Indices Performance
Events
Investment Tip of the Day
Consider diversifying your portfolio across different sectors and asset classes to manage risk more effectively. For example, balance your exposure to stocks, bonds, and alternative investments (like real estate or commodities) to protect against sector-specific volatility and enhance potential long-term returns.