+234 (1) 453 9639 | 0802 701 2454 | customerservice@globalviewng.com

Business News Brief – July 22, 2015



Oando, 27 others lift NSE index by 0.92% – The Nigerian Stock Exchange All-Sharimg-collageIndex began the week on a positive note, extending the gains recorded at the close of trading last week after 11 consecutive days of losses.[Read More…]

Wema Bank’s half-year profit drops to N1.17bn-Wema Bank Plc said its net interest income was N9.06bn, down from N9.71bn in the first half of last year, while profit before tax stood at N1.17bn, down from N1.70bn in H1 2014.[Read More…]

New development bank to rival World Bank, others-The New Development Bank, which was formally launched in Shanghai on Tuesday, by Brazil, Russia, India, China and South Africa, has the vision of serving as a more responsive alternative to major financial institutions such as the World Bank.[Read More…]

Buy back into Chinese equities – SocGen-It’s time to buy back into Chinese equities, Societe Generale said in a note on Tuesday.[Read More…]

Ghana revises GDP fiscal deficit to 7.3%-Ghana has revised its target for the budget deficit this year to 7.3 per cent of its Gross Domestic Product, wider than the initial estimate of 6.5 per cent.[Read More…]


NLNG Earns $85bn From Gas Exports- Nigeria Liquefied Natural Gas Company Limited (NLNG), a joint venture between the government and foreign oil majors, has earned about $85 billion from exports of liquefied natural gas (LNG) since its inception 15 years ago.[Read More…]

Lafarge Africa Plans 220mw Power Plant In Ogun-Lafarge Africa Plc has said that its newly constructed 220 megawatts (mw) power plant at Ewekoro, Ogun, will commence operations in October.[Read More…]


Nigeria’s light sweet crude falls to $50.10 a barrel-Crude oil prices struggled to stay around $50 yesterday, amid persistent concerns over global oil glut as against the $53.79 it recorded the previous day.[Read More…]

DataPro re-affirms Sterling Bank’s BBB rating-DataPro, a leading Credit Rating Agency (CRA) yesterday re-affirmed Sterling Bank long-term rating of BBB with a stable outlook for the year 2015/2016 A release signed by DataPro Managing Director/CEO[Read More…]

Airtel offers four African units to French firm for $1 billion-BHARTI Airtel is in exclusive talks to sell four of its African subsidiaries to France’s Orange SA which may earn the world’s third-largest telecommunications firm around $1 billion (Rs 6,400 crore).[Read More…]


New Electricity Tariff: Court to Rule on NERC Application Tomorrow- Thursday rule on an application by the Nigeria Electricity Regulatory Commission (NERC), seeking to discharge the ex-parte order restraining the commission from implementing the new electricity tariff billed to be effective from June 1, 2015.[Read More…]

Work to Commence Soon on $1.5bn Petrochemical Plant in Akwa Ibom- Akwa Ibom State Governor, Udom Emmanuel, has said work would soon commence on the $1.5 billion petrochemical plant located in Ibeno.[Read More…]

Lion’s Head, United Capital Appointed ALCB Fund Managers- Lion’s Head and United Capital Asset Management have been appointed Fund Managers on the African Local Currency Bond Fund (ALCB). The Fund was established on behalf of the German Federal Ministry for Economic Cooperation and Development.[Read More…]

Benue Government Presents N12bn Supplementary Budget- Governor Samuel Ortom of Benue State has presented a supplementary budget of over N12billion to the Benue State House of Assembly for consideration and possible passage.[Read More…]


World Bank to rebuild Northeast with $2.1b-THE World Bank yesterday announced a $2 billion package to help the economy of the Northeast back on its feet.[Read More…]

Stanbic IBTC eyes N20.4b rights issue-The Stanbic IBTC aims to offer a N20.4 billion ($102.6 million) rights issue this year. It will also seek shareholders’ vote to distribute a scrip dividend to boost its capital base, the lender said.[Read More…]

Importers spend N6.3tr on vehicles in five years-The Federal Government has said importers of vehicles at the country’s gateways spent $31.67 billion (about N6.3trillion) on vehicles’ imports and other motorised equipment between 2009 and 2013.[Read More…]

Diaspora remittances rise by $900m-Of the $21.9 billion remitted into the country last year, only 25 per cent of the funds passed through the banks, according to FBN Capital, an investments and research firm. In 2013, Diaspora remittances were $21 billion.[Read More…]

Sub-Saharan African M&As hit $15.3b-World’s leading source of intelligent information for businesses and professionals, Thomson  Reuters has released the quarterly investment banking analysis for the Sub-Saharan Africa region.[Read More…]


European shares fall, pulled down by drugmakers-European shares retreated on Tuesday from their six-week high in the previous session, with healthcare leading the market lower after Novartis reported quarterly incomes below analysts’ expectations.[Read More…]

Ghana revises 2015 economic growth, budget deficit – finmin-Ghana has revised its 2015 budget deficit target to 7.3 percent of gross domestic product (GDP) from 6.5 percent previously and cut its economic growth estimate to 3.5 percent to 3.9 percent, Finance Minister Seth Terkper told parliament on Tuesday.[Read More…]


More Debt Traders Seen at Risk as European Banks Report Results – Where will the new leaders of Europe’s top securities firms scale back to increase returns? If the second quarter is any guide, their bond-trading operations could bear the brunt.[Read More…]

fake richard mille
There are not many functions of richard mille replica, except for the basic time display, there is only a very powerful tourbillon function. Its time display function has only two hands, hour and minute hands. Although it cannot display the time accurately to the second, it has a good effect on the overall style of the watch. The diameter of the tourbillon is 10.90 mm, and its position is just in the mouth of the skull. It can be said that the position is very classic. When the watch is working, the tourbillon is spinning fast in the skull's mouth, faintly visible through the gaps of the cage-shaped teeth made of rose gold, giving people not only a mechanical beauty but also an indescribable feeling. It can be said that it is a kind of awe of death, or it is a shock of immortal imagery. In short, let go of your thinking, on this fast-moving tourbillon, your thoughts have no end. This watch also uses a back-through design. The movement of the movement and the operation of the tourbillon can also be seen through the back of the watch. This watch is also known as a fine product in terms of machinery.
The latest and best quality materials in today's watch field are used in conjunction with precious metals to make it surrounded by a luxurious and noble aura when it is born. The detailed processing of each screw and each plane is a manifestation of its high quality. It perfectly combines the unconventional skull design with the tourbillon technology that Richard Mille is famous for. It gives people visual enjoyment and brings us thinking about the ultimate problem of life, which is evocative. endless. Coupled with a movement that has applied many advanced technologies to show the beauty of machinery in front of people, its performance is beyond doubt!