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Archives - August 2017

31
Aug

DAILY BUSINESS NEWS BRIEF – FG begins disbursement of N5billion loan for miners

FG approves $5.8bn power plant construction by Chinese firm Firm to supply LNG by trucks to industries, users Oil field owners urged to lead modular refinery construction Fidelity Bank Grows Profit after Tax by 66% to N9bn in Six Months Asia Stocks Mixed Ahead of U.S. Jobs; Dollar Gains: Markets Wrap FG begins disbursement of …

28
Aug

UBA H1’2017 PERFORMANCE SNAPSHOT : PBT rose to by 65.53%y/y ; Declares N0.20 Interim dividend

  United Bank for Africa Plc (UBA) released its six months audited results for the period ended June 30th 2017, yesterday, being 24th August, 2017. From the result gathered, Gross Earnings grew by 34.51% y/y to N222.72 billion (driven by significant growth in interest income and non-interest income of  44% and 16% respectively). Also, Operating …

28
Aug

ACCESS H1’2017 PERFORMANCE SNAPSHOT : PAT rise to N39.46b ; Interim dividend’s closure set for 7th Sept,2017

  Access Bank Plc (Access) released its six months audited results for the period ended June 30th 2017, yesterday, being 23rd August, 2017. From the result gathered, Gross Earnings grew by 41.70% y/y to N246.58 billion ( with interest income and non-interest income contributing 66% and 34% respectively) , so was Operating Expenses with 38.29% …

28
Aug

DAILY BUSINESS NEWS BRIEF – SON, EU, Germany seal €24.5m energy efficiency project

  Nigeria Pays $120m Demurrage Annually On Imported Fuel CBN, MFBs take financial literacy campaign to Lagos streets Shell, Chevron Unaware of NNPC’s Plan to Extend $1bn Gas Pipeline to Cote d’Ivoire 98% of documents in crude sale transactions fake — NNPC Asian Equities Mixed on Harvey Impact; Euro Gains: Markets Wrap SON, EU, Germany …

23
Aug

GUINNESS RIGHTS ISSUE – Offer last till 30th August, 2017

  Please be informed that Guinness Nigeria Plc’s (GUINNESS) Rights Issue, opened on 24 July, 2017, and will close on Wednesday, 30 August 2017. The Rights Issue is being undertaken to enable GUINNESS optimize its capital structure by repaying its various outstanding loan obligations, thereby reducing financing costs. Details of the Rights: Being Issued –                     …

23
Aug

UNILEVER RIGHTS ISSUE – Offer last till 8th September, 2017

Please be informed that Unilever Nigeria Plc’s (UNILEVER) Rights Issue, opened on 31 July, 2017, and will close on Friday, 08 September 2017. The Rights Issue is being undertaken to enable UNILEVER repay its various outstanding loan obligations and to support working capital. Details of the Rights: Being Issued –                       1,961,709,167 Ordinary Shares of 50 …

22
Aug

DAILY BUSINESS NEWS BRIEF – Kachikwu, NNPC Disagree on Cost of Crude Oil Production

  FG Signs Agreement, Joins Global Partnership against Tax Avoidance, Evasion Dangote to pick local partner in refinery construction Allocate 40% of budget to infrastructure, groups urge FG Pension: PenCom against Devolution of Power Bill Asian Stocks Rise in Thin Trading; Yen Declines: Markets Wrap Kachikwu, NNPC Disagree on Cost of Crude Oil Production The …

21
Aug

DAILY BUSINESS NEWS BRIEF – BDCs allege banks benefit from their losses

  Raw materials’ imports gulp N19.5tn in seven years CBN, SEC mull universal licence for stockbrokers Shell Raises the Alarm over Safety Risks from Illegal Occupation of Belema Facility Total to buy Maersk Oil for $7.45 billion Asian shares fragile as Trump turmoil, Korea tensions weigh BDCs allege banks benefit from their losses Bureau De …

18
Aug

DAILY BUSINESS NEWS BRIEF – Oil production at $32 per barrel too high – Kachikwu

  TSA: FG begins audit of banks’ remittances to CBN TCN secures $2billion to expand capacity to 20,000MW Dangote to invest $50bn in US, Europe Investors to build two refineries in P’Harcourt, Warri –NNPC Stocks Extend Slide on Spain Attack, Trump Turmoil: Markets Wrap Oil production at $32 per barrel too high – Kachikwu The …

16
Aug

GUARANTY H1’2017 PERFORMANCE SNAPSHOT : PAT rise to N101.10b ; Declares N0.30 Interim dividend

  Guaranty Trust Bank Plc (GUARANTY)  released its six months audited results for the period ended June 30th 2017, late yesterday, being 15th August, 2017. From the result gathered, Gross Earnings grew by 2.01% y/y to N214.10 billion, so was Operating Expenses by 23.98% y/y. Profit before Tax (enhanced by 51.1%y/y growth in interest income …

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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!