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

Daily Business News Brief | Monday, May 9th, 2022.

9
May

Naira slumps to N595/dollar, forex shortage lingers – Punch

THE naira slumped further and exchanged to the dollar at 595 on Friday at the parallel market. Some Bureau de Change operators who spoke with our correspondent said the dollar was bought and sold at 585 and 595 on Friday.  On Monday, the naira was exchanged at N590 to a dollar.  At the Investor & Exporter forex window, the naira fell by 0.20 per cent to close at N419 after reaching a high of N444 on Thursday………………read more

Shareholders approve CSCS’s N3.7bn dividend –  Thisday

SHAREHOLDERS of the Central Securities Clearing System Plc on Friday approved the proposed total dividend of N3.7bn by the board of the company.  They gave their nod during the company’s 28th annual general meeting in Lagos.  The company said it was reinforcing the value accretion to its equity owners, which had seen a notable rise in share price of the company over the past year…………..read more

Dangote, BUA, Lafarge Cement Rake N156.55bn Profit in Q1 2022- Thisday

Three cement producers listed on the Nigerian Exchange Limited (NGX), Dangote Cement Plc, BUA Cement Plc and Lafarge Cement Plc made a combined profit of N156.55 billion in first quarter (Q1) of 2022, representing an increase of 29 per cent from N121.2 billion reported in first quarter of 2021.  ……….read more

Nigeria loses N1.22tn to deficit oil production – Reports – Daily Independent

Nigeria was unable to produce about 22.658 million barrels of crude oil valued at N1.22tn in the first quarter of this year due to its persistent inability to meet the crude oil production quota approved for the country by the Organisation of Petroleum Exporting Countries.  An analysis of data contained in various OPEC reports released in different months this year, showed that Nigeria failed to meet its oil production quotas in January, February and March 2022……………… read more

Shareholders Approve Fidelity Bank’s N0.35kobo Dividend, Capital Raising – Thisday

Shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 35 kobo per share to all shareholders. The shareholders who commended the bank’s sterling performance at the 34th Annual General Meeting (AGM) of the bank held in Lagos also among other things authorised the board of directors, “to undertake as it deems appropriate and in accordance with applicable laws, any actions, business combinations or transactions, including but not limited to investment, acquisition, restructuring, capital raising, expansion or business arrangement required to secure a competitive advantage for the Company.” …………..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!