Wealth Wednesday

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

• BDC operators arrested as naira sells 1,416/$

• Central Bank Clarifies Export Proceeds’ Repatriation, Utilisation By Oil Companies

• FG woos global investors for 17 oil blocks

• NNPCL Cautions Against Panic Buying, Says 1.5 Billion Litres Petrol In Stock

• CBN gives deadline for PoS operators to register with CAC

Global

• Policy rate cut by 0.25 percentage points to 3.75 per cent

• U.S. and China trade divisions threaten a ‘reversal’ for global economy, IMF official warns

• The Reserve Bank is now assuming Australians will see no interest rate cuts this year

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Events

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Investment Tip of The Day

Explore opportunities in real estate investment as a way to diversify your portfolio beyond stocks and bonds. Real estate can provide a steady income stream through rental earnings and potential appreciation in property value over time. This investment can also offer tax advantages, making it a valuable component of a well-rounded wealth management strategy.

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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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