Wealth Wednesday
Ranora Daily - Your daily source for reliable market analysis and news.
Market Overview
Local News
Investors Gain N100bn as Global Stock Markets Rebound amid Trump’s Tariffs Rattles - Thisday
10 Banks Mandatory Deposits with Central Banks Rise to N20.8trn - CRR
Trump’s 14% tariff threatens N323.96bn Nigerian non-oil exports to US - Punch
NNPC crude suspension to Dangote refinery affected OPEC output - Punch
2024 Access Holdings results await CBN’s nod - Punch
Global News
Stocks tumble again as Trump hits China with 104% tariffs, Treasuries slammed -Reuters
Treasuries ‘Fire Sale’ Sends Long-Term Yields Soaring Worldwide -Bloomberg
UK 30-year gilt yields surge to highest since 1998 - Reuters
Macro Funds Bullish on Aussie Dollar as Options Demand Strong - Bloomberg
Gold Bounces Higher as Trade Turmoil Hurts Dollar, Treasuries - Bloomberg
Indices, Commodities & Currencies
Nigeria Sectoral Indices Performance
Events
Investment Tip of the Day
Focus on high-quality dividend-paying stocks with a history of consistent payouts and strong cash flows—companies like blue-chips or dividend aristocrats—to generate passive income while benefiting from long-term growth; pair this with dollar-cost averaging into low-cost index funds (like S&P 500 ETFs) to balance risk and build wealth steadily over time, ensuring you reinvest dividends for compounding gains.