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

• Nigeria loses N149bn to one-day oil workers strike

• Naira may settle at 1450/$ by Dec

• CNG will reduce petrol imports by $4.4bn–FG

• 99% Of Heritage Bank Depositors Have Total Balances Of Less Than N5m – NDIC

• New ICAN President seeks collaboration with FRC on effective financial reporting

• Nigeria Plans to Suspend Import Levies on Food to Ease Inflation

• Customs to install scanners with 200 containers clearance/hour capacity

Global

• Europe's fintech funding slowdown dampens mood at Amsterdam event

• ECB to approve Greek banks' request to resume dividend payment after 16 years

• Nasdaq 100 Climbs 1% as Tech Powers Stock Gains: Markets Wrap

• SEC Hedge Fund Fee Disclosure Rule Struck Down by US Court

• The SBA is unveiling new credit lines of up to $5 million to fund small businesses

• Bond Yields Hold Near Two-Month Low After Weak ADP Jobs Report

• Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software

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Events

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Investment Tip of The Day

Stay informed and educated about the financial markets. In the fast-paced world of investing, knowledge is power. Make it a habit to stay updated on market trends, economic indicators, and geopolitical events that could impact your investments. Follow reputable financial news sources, read insightful books and research reports. Additionally, leverage resources such as online forums and communities to exchange ideas and learn from others in the investment community.

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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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