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

Daily Business News Brief | Monday, April  4th, 2022.

4
Apr

NGX Fixed Income Market Cap Hits N21.43trn amidst Uncertainty – Thisday

Despite uncertainty in the global economy coupled with the weak macroeconomic challenges in Nigeria, the market capitalisation of the Nigerian Exchange Limited (NGX) Fixed Income rose to N21.43 trillion at the close of transactions in March 2022.  Analysts had expressed worry that the uncertainty in the global economy would have a negative impact on the capital market. ………………read more

Zenith, Access Bank, Others Sustain NPL Ratio Below CBN’s Requirement – Punch

With the banking sector Non-Performing Loan (NPL) closing 2021 at 4.85 per cent, the likes of Zenith Bank Plc, Access bank Plc, United Bank for Africa Plc (UBA), among others have maintained a ratio below the Central Bank of Nigeria (CBN) regulatory requirement. …………… read more

External Reserves’ Drops by $971.4m in Q1 amid 49% Gain in Crude Oil Price – Thisday

Amidst 49 per cent rally in crude oil price, Nigeria’s external reserve dropped by $971.4 million in the first quarter of 2022 (Q1),  the Central Bank of Nigeria (CBN) data on daily reserves’ movement has revealed ………………..read more

CBN imposes heavy sanctions on banks over mutilated notes – Vanguard

The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank by Deposit Money Banks. To this end, the CBN has warned banks to stop including composed currency notes in their deposits or risk paying a penalty of 400 per cent of the value of the banknote. Composed banknotes are mutilated currency notes that comprise several parts of different banknotes of the same denomination………………….read more

Food imports exceed exports by N2.23tn in 12 months -Daily Independent

The total international trade in agricultural goods in the country stood at N3.24tn in 2021, with the import value exceeding export value by N2.23tn, findings have revealed.  Despite interventions by the Federal Government to diversify the economy and increase food production in the country, security concerns have driven a lot of farmers out of their livelihood.  Figures obtained from the National Bureau of Statistics revealed that while Nigerian farmers exported goods worth N127.2bn in the first quarter of 2021, the country imported N630.2bn goods…………………….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!