Think Thursday
Ranora Daily - Your daily source for reliable market analysis and news.
Market Overview
Local News
Stakeholders adopt cost-reflective tariffs to tackle N200bn electricity subsidy - Punch
Firms blame fuel, power for high inflation – CBN - Punch
Presidency splurges N23bn on forex for foreign trips- Punch
NLNG’s $10bn Train 7 Project Hits 80% Completion- Channels
Oando Secures $375m Afreximbank Loan - Channels
Zenith Wins Best Bank in Nigeria in Global Finance Awards 2025 - Thisday
Global News
US trade deficit narrows sharply in April; imports post record drop- Reuters
Weekly jobless claims at seven-month high; trade deficit posts record contraction- Reuters
Wall Street dips as Tesla falls, investors focus on jobs data - Reuters
Gold, Yen, and Swiss Franc outperform as tariff ‘safe havens,’ strategist says- Cnbc
S&P 500 rises as Trump-Xi talk, traders await Friday’s jobs report- Cnbc
3 friends launched chicken finger stand with $900—it just sold in deal worth ‘close’ to $1 billion - Cnbc
Indices, Commodities & Currencies
Nigeria Sectoral Indices Performance
Events
Investment Tip of the Day
Keep an Eye on Earnings Reports for Trading Opportunities — Earnings season can send stocks soaring or tumbling overnight. Stay on top of earnings calendars, scrutinize profit margins, revenue trends, and forward-looking guidance to spot potential market moves and identify winning trade setups.