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

• Hoodlums loot, vandalise NCC building in Kano during #EndBadGovernanceInNigeria protest

• CBN advances: Opposition, OPS oppose higher borrowing limit for FG

• Monthly power subsidy soars by 151% to N211bn

• Equity market loss extends to third consecutive day

• FBN Holdings’ half-year profit jumps 95% to N360 billion

• Eni gets approval to sell shares of NAOC to Oando

Global

• Iran, its proxies will meet to discuss retaliation against Israel, say sources

• Trump loses appeal of gag order in hush money criminal case

• 10-year Treasury yield falls below 4% for the first time since February

• US weekly jobless claims highest in nearly a year; productivity accelerates

• Major central banks' rate cuts gather pace

• EU approves Hewlett Packard Enterprise’s $14 billion Juniper deal

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Events

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Investment Tip of The Day

Consider focusing on long-term investments rather than short-term trading. Long-term investments, such as stocks or mutual funds, can provide more substantial growth potential as they benefit from compound interest and market appreciation over time. This strategy reduces the stress of daily market fluctuations and helps avoid the pitfalls of market timing.

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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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