Think Thursday

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

Data

Local

Global

*Data as of 4pm WAT

---

News

Local

• Results for the NTB Auction - 08 May 2024:

  

• Tinubu tax panel proposes VAT removal on food, education, healthcare

• PoS Agents Decry CAC’s Registration Order, Say Customers To Pay More

• FG plans fresh audit of N2.7tn subsidy debt

• Forex crisis: Three states demand $501m loan repayment suspension

• Ukrainian Firm Bids to Invest in Nigeria’s Energy Sector 

Global

• Oil rises on U.S. crude storage draw, China imports up

• Hedge Funds Pile Into Option Bets Yen Will Weaken Back to 160

• Dollar holds its ground as key inflation data looms

• TSX futures dip as copper, bond yields weigh

---

Events

---

Investment Tip of The Day

Periodically review and rebalance your investment portfolio to ensure it aligns with your long-term financial goals. As markets fluctuate, the actual allocations of your assets can drift from your intended asset allocation. By rebalancing, you might sell off investments from over-performing asset classes and purchase more in under-performing ones, maintaining your desired level of risk exposure.

---

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.

---