Data
Local
Global
*Data as of 4pm WAT
News
Local
Results for the FGN Bond Auction - 13 May 2024:
MPC will do whatever is necessary to bring inflation down – Cardoso
Nigeria’s Q1 forex remittance drops, net foreign assets soar
Global
European stocks flat as global markets await U.S. inflation data; Delivery Hero up 24%
Asia-Pacific markets mixed as investors assess inflation data from India and Japan
Stock Futures Waver After PPI With Powell in Focus: Markets Wrap
Biden sharply hikes US tariffs on an array of Chinese imports
S&P 500 pullback may provide a rebalancing opportunity: Wells Fargo
Events
Investment Tip of The Day
When investing, it’s beneficial to adopt a long-term perspective. Short-term market fluctuations can be concerning, but history shows that markets tend to increase in value over the long term. Investing with a long-term horizon allows you to ride out the highs and lows, potentially reducing the risk of making impulsive decisions based on short-term market movements. This approach encourages a focus on long-term financial goals, such as retirement, and can lead to more disciplined and potentially more successful investing strategies.