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

• Minimum wage: Labour kicks as FEC steps down memo, demands consultation

• FG meets local refiners over pricing, faults Dangote

• Stakeholders propose NRC privatisation to curb train derailments

• Nigeria Records $24bn FX Inflow Q1 2024 — CBN

• CBN To Tame Inflation Via Conventional Methods, Says Cardoso

• NMDPRA Asks Nigerians Not To Panic Over ‘Dirty Fuel’ Claims

• Sterling HoldCo Gets Shareholders Approval to Raise N200bn Fresh Capital 

Global

• Kenya president backs down on tax rises after deadly protests

• Wall St mixed as tech stocks attempt recovery, financials drag

• Labour ahead of Conservatives before UK's July 4 election, polls show

• In French Alps, Macron's party struggles to hold conservative heartland

• Treasury yields climb as investors weigh comments from Fed speakers

• Gold falls near two-week low as dollar strengthens

• European stocks hit session lows, extending negative sentiment; tech firms inch higher

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Events

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Investment Tip of The Day

Start an Emergency Fund. Before diving into investments, ensure you have 3-6 months' worth of living expenses saved in an easily accessible account. This safety net protects you from having to sell investments during a market downturn to cover unexpected expenses.

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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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