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

Daily Business News Brief | Monday, March 21st, 2022.


Nine Banks Total Assets Reached N56.4trn in 2021 on Hike in Loans, Deposits-   Thisday

With the growth recorded in loans & advances and customers’ deposit reaching a new high, a total of nine banks operating in Nigeria reported total assets of N56.4 trillion in the 2021 financial year. This represents an increase of 16.4 per cent over the N48.5 trillion reported in 2020 ………………..read more

FG incurs N950bn new domestic borrowing in Q1 2022 – DMO – Vanguard

THE Federal Government has incurred N950bn new domestic borrowing between January 2022 and March 11, 2022, the Debt Management Office has revealed.  The fresh borrowing was disclosed on March 17 in the presentation of the Public Debt Data as of December 31, 2021, by the Director-General of the DMO, Patience Oniha.  In the document, Oniha disclosed that the Federal Government was considering all options to raise funds externally………………. read more

Nigeria borrowed N6.64tn, serviced debt with N2.93tn in 2021, says DMO  – Punch

The World Bank says Nigeria could have saved about $342.1m from January to December 2021 through the debt service suspension initiative.  It disclosed this in a brief on Debt Service Suspension Initiative updated this month by the bank on its website.  Under the DSSI, official creditors commit to suspending payments of all principal and interest within a stipulated period of time……………. read more

Queues persist in northern states despite 1.824 billion litres fuel supply- Punch

The queues by motorists for Premium Motor Spirit, popularly called petrol, particularly in Abuja and northern states have refused to clear despite the supply of about 1.824 billion litres of PMS by the Nigerian National Petroleum Company Limited.  Also, the NNPC on Sunday denied claims that it had reviewed the ex-coastal, ex-depot and the NNPC Retail prices for petrol downward. It described the claims as fake news, in a series of tweets via its official Twitter handle…………….read more

How Commodities Ecosystem Can Drive CBN’s RT 200 FX Policy – Daily Independent

Bankers and other operators in the Nigerian financial market have identified deployment of commodities ecosystem as a potent method by which the Central Bank of Nigeria (CBN) can achieve the plan to generate $200 billion in the next three to five years through its RT 200 FX policy ……………………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!