Money Monday

Ranora Daily - Your daily source for reliable market analysis and news.

Market Data

Local

Global

*Data as of 4pm WAT

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Market News

Local

• Tinubu Secures $600m Danish Investment to Expand Existing Seaports

• Credit to manufacturing sector up 39% to N7.73trn in 2023

• Zenith Holdco Secures Shareholders approval

Global

• German inflation creeps up to 2.4% in April

• Tesla Soars on Tentative Approval for Driving System in China

• Coca-Cola Gears Up for IPO of $8 Billion Africa Bottling Arm

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Investment Tip of The Day

Utilize dollar-cost averaging to build investments gradually. This strategy involves investing a fixed amount of money into a particular asset or portfolio at regular intervals, regardless of the asset's price. It reduces the risk of investing a large amount in a single investment at an inopportune time and can lower the average cost per share over time, smoothing out the effects of market volatility.

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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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