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

Daily Business News Brief | Friday, April 1st, 2022.


Stock Market Shrugs Off Insecurity Worries, Gained N3.02trn in Q1 – Punch

Precisely, the market capitalisation gained N3.02 trillion to close on March 31, 2022, at N25.312 trillion, higher than the N22.297 trillion it opened for trading activities on January 4, 2021.  The NGX All-Share Index (ASI), which tracks the general market movement of all listed companies on the Exchange, also rose by 9.95 per cent to close at 46,965.48 basis points in the first Q1 2022………………read more

External reserves loses $313m as oil price fluctuates – Vanguard

NIGERIA’S external reserves fell by $313m in March, according to figures obtained from the Central Bank of Nigeria on Thursday.  The CBN’s figures showed that the foreign exchange reserves, which commenced March 1, 2022, at $39.86bn, fell to $39.55bn as of March 30, 2022.  Following the invasion of Ukraine by Russian forces, crude oil prices have continued to fluctuate as the global energy sector continues to experience disruptions……………. read more

174 million lack access to cooking gas in Nigeria – Daily Independent

About 174 million people in Nigeria lack access to the use of Liquefied Petroleum Gas, popularly called cooking gas, the Federal Government stated on Thursday.  It said this was because of the high level of energy poverty in Nigeria, stressing that the promoters of global energy transition must adequately consider factors such as energy security and economic development.  The Minister of State for Petroleum Resources, Chief Timipre Sylva, disclosed this in Abuja at the 2022 Oloibiri Lecture Series and Energy Forum, with the theme, “Global Energy Transition: Implications on Future Investments in the Nigerian Oil and Gas Industry.”………………..read more

OPEC raises Nigeria’s oil quota amidst low production – Punch

The Organisation of Petroleum Exporting Countries on Thursday raised Nigeria’s oil production quota from the 1.735 million barrels per day target approved in April 2022 to a new target of 1.753 million barrels per day for May 2022.  OPEC’s increased oil production quota for Nigeria came as the Federal Government called for an inclusive energy transition that would be beneficial to not just Nigeria but to other countries in Africa. The Vice President, Prof. Yemi Osinbajo, made the call at the Domestic Gas Summit 2022, organised by the Abuja Chamber of Commerce and Industry, with the theme, “Building a Sustainable Gas Economy.”………………….read more

BoI Eyes $10bn from Foreign Investors, Disbursed N1.2trn in Seven Years -Punch

President Muhammadu Buhari, yesterday commended the board and management of the Bank of Industry (BoI) for contributing to the growth and industrialisation of Nigeria. Buhari made the commendation when he unveiled the bank’s second edifice in Abuja. He said the structure would boost BoI’s Internally Generated Revenue (IGR) potential. …………………….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!