Think Thursday

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

• Banks close 2m accounts over BVN, NIN, others

• Pension fund records first dip in 18 months

• Fuel scarcity: FG begins 15-day emergency fuel supply

• Nigeria, India strengthen bilateral ties

• FG to spend $3bn on gas flare commercialisation –NUPRC

Global

• US and Saudis Near Defense Pact Meant to Reshape Middle East

• US Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance

• US Fed announces reduction in balance sheet runoff pace

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Market Events

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Investment Tip of The Day

Incorporate regular stress tests for your investment portfolio to evaluate how it might perform under various adverse conditions. This can include simulating market downturns, rising interest rates, or economic recessions. Understanding the potential vulnerabilities in your portfolio can help you make preemptive adjustments to mitigate risk and ensure your investments align with your long-term financial goals.

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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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