Think Thursday

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

• Minimum wage: FG warns of mass sacking as Labour disowns agreement

• Customs impound N19m worth of smuggled petrol in Ogun, Lagos

• Benue secures €25m EIB loan to construct roads

• Nigeria’s Crude Oil Production Drops To 1.25mbpd In May — OPEC

• FG, States, LGs Share N1.1tn May Revenue

• Diageo Sells Major Shares In Guinness Nigeria To Tolaram

Global

• Treasury yields continue to tumble after PPI fell in May

• Gold trims decline after U.S. producer prices data

• European stocks close lower as markets assess U.S. outlook; autos down 2.4%

• G7 agrees loan deal to support Ukraine with Russian assets

• UK economy slows to a halt in April in bad timing for Sunak

• Korea Extends Short Ban, Threatens Life in Jail for Illegal Bets

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Events

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Investment Tip of The Day

Expanding your investment portfolio to include international assets can enhance diversification and reduce risk. By investing in global markets, you can benefit from growth opportunities in different economies and reduce your exposure to the economic cycles of a single country.

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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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