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

• NNPCL, TotalEnergies Sign $550m FID On Ubeta Gas Field

• FG Pushes For 18-Month Extension Of $800m W’Bank Palliative Scheme

• Petrol Price Rises By 223% To ₦770 Per litre — NBS

• InfraCos Groan over High Cost of Maintaining Telecoms Facilities, Seek Government’s Intervention

• Tinubu, Ramaphosa pledge to boost economic cooperation

• Apapa Customs set new record of N17.9bn daily collection – Comptroller

Global

• S&P 500 notches record high as Nvidia rally continues

• Dollar rises, pound, Swiss franc drop on busy central bank day

• Gold rises 1% to two-week peak as Fed rate cut bets lift demand

• India seeks exemption for sovereign funds from RBI's alternate investment fund rules

• European markets higher as Bank of England holds rates; Switzerland makes second cut

• Brent rises on Middle East war, while WTI dips ahead of inventories report

• Asia-Pacific markets are mostly lower as China keeps benchmark lending rates steady

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Events

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Investment Tip of The Day

Investing in international exchange-traded funds (ETFs) provides exposure to global markets, helping to spread risk and capture growth opportunities outside of your home country. By diversifying across different regions, such as emerging markets or developed economies, you can benefit from varying economic cycles and market conditions.

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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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