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

Daily Business News Brief |  Tuesday, March 1st,  2022.


Zenith Bank’s gross earnings rise by 10%, hit N756bn – Thisday

Zenith Bank Plc says its gross earnings rose by 10 per cent to N765.6bn as of the end of December 2021, from N696.5bn recorded in the corresponding period of 2020.  A statement by the bank said this was despite a challenging macroeconomic environment aggravated by the COVID-19 pandemic.  The lender its audited financial results for the 2021 financial year presented to the Nigeria Exchange Group showed that this was on the back of a 23 per cent year-on-year growth in non-interest income from N251.7bn to N309bn, and a two per cent YoY growth in interest income from N420.8bn to N427.6bn.  It said profit before tax also grew by 10 per cent from N255.9bn to N280.4bn in the current year……………….. read more

Seplat Energy Reports N71.03bn PBT, Declares $2.5 cents Per Share – Punch

Seplat Energy Plc yesterday announced its audited results for the full year ended December 31, 2021 with 321.1 per cent increase in profit before tax to N71.03billion as against N28.87 billion loss reported in full year ended December 31, 2020.  The foremost indigenous energy company on the Nigeria Exchange Limited (NGX) also announced a 38.2per cent rise in its 2021 full-year revenue to N293.6billion in 2021 from N190.92billion reported in 2020………………… read more

Marketers compile losses on bad fuel, to demand compensation from govt – Vanguard

Oil marketers have commenced the compilation of losses incurred by filling stations as a result of the purchase of bad fuel imported into Nigeria in January and shall be demanding compensation from the Federal Government, it was learnt on Sunday.  Filling station owners under the aegis of the Independent Petroleum Marketers Association of Nigeria, the largest operators of retail outlets across the country, described the losses incurred due to the purchase of the methanol-blended fuel as terrible. The National Secretary, IPMAN, Chief John Kekeocha, told our correspondent that the contaminated Premium Motor Spirit, popularly called petrol, had stopped the operations of many filling, a development that contributed to the lingering fuel scarcity…………….. read more

CBN to pay exporters N65 rebate for every $1 remitted – Punch

The Central Bank of Nigeria has said it will pay exporters N65 for every $1 sold into the economy through the Investors &Exporters window.  The CBN made this known in a guideline on its newly introduced Race To $200bn scheme, titled, “Operating Guidelines for RT200 Non-Oil Export Repatriation Rebate Scheme.”  The CBN Governor, Godwin Emefiele, had on February 10, launched the RT200 programme at the post-Bankers’ Committee briefing held in Abuja………………. read more

Russia-Ukraine war: Fuel scarcity may continue, oil vessels face delay on sea – Punch

The ongoing war between Russia and Ukraine may further prolong the over three-week scarcity of Premium Motor Spirit, popularly called petrol, in Nigeria, as bulk of the refined products coming into the country from the warring region and its adjoining areas are likely to face some delays.  It was also gathered on Sunday that traders who supply Nigeria with refined petroleum products might pause a little due to the deficit in the supply of crude oil cargoes from the Nigerian National Petroleum Company Limited.  NNPC brings in refined petrol into Nigeria using contractors or traders through its Direct Sale Direct Purchase scheme………………. 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!