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Daily Business News Brief | Thursday, May 12th, 2022.


19 days after SIM ban, NIN registration hits 80.7 million – Punch

The Nigeria Identity Management Commission has issued 80.7 million National Identification Numbers, exactly 19 days after the agency deactivated about 72 million telecommunication subscribers for failing to comply with the Federal Government’s NIN-Subscriber Identity Module policy.  The data on NIMC’s portal showed that the number of issued NINs hit 80.7 million on April 23, 2022, about 19 days after the Federal Government ordered telecom companies to bar outgoing calls from subscribers that had not linked their NINs to their SIMs.  The commission’s portal registrations showed a 4.67 per cent increase in issued NINs from 77.1 million as of March 21, 2022, to 80.7 million as of April 23, 2022………………..read more

Airtel Africa Announces $755m Profit in 2022 FY- Thisday

Airtel Africa Plc has announced $755 million profit for the year ended March 31, 2022 representing an increase of 82 per cent over $415million reported in prior year. The telecommunication giant’s audited result showed 75.6 per cent increase in profit before tax to $1.2 billion in 2022 from $697million in 2021.  ……….read more

CBN to deepen payment system via eNaira  – Daily Independent

The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, has said central banks across Africa and other parts of the world are trying to study Nigeria’s eNaira project.  Emefiele said this on Monday during an experience sharing tour of the CBN’s CBDC (eNaira) by officials of the Bank of Uganda in Abuja.  Emefiele said, “We feel delighted on what we are doing in the area of the Central Bank Digital Currency, CBDC. What we are doing in the area of eNaira is attracting the interest of different countries in the world.”……………. read more

Pensioners protest non-payment of gratuities, criticise PTAD – Thisday

A group, Concerned PHCN Pensioners, has staged a protest at the liaison office of the Pension Transitional Arrangement Directorate at the Tafawa Balewa Square, Lagos, over the non-payment of their gratuities and arrears while urging the FG to intervene in the matter.  The leader of the group, Comrade Engineer Dunmoye Oladimeji, lamented that since most of the retirees left service many years ago, there had been one form of deception or the other by the PTAD management in connection with the payment of their arrears and gratuities over the years……………read more

Transcorp’s quarterly profit rises by 624.4%- Punch

THE profit before tax of Transcorp Hotels Plc, a hospitality company and subsidiary of Transnational Corporation Plc, rose by 624.4 per cent to N1.067bn as of the end of first quarter ended March 31, 2022, from a loss of N203.7m in the same period of last year.  The statement said the result was contained in the company’s unaudited financial statements for the period ended 31 March 2022, published on the Nigerian Exchange Group…. …………..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!