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

Daily Business News Brief | Friday, May 20th, 2022.


Customs reviews depreciation on vehicle duty, begin e-valuation today – Thisday

The Nigeria Customs Service has said it will review depreciation on vehicle duty as it begins the rollout of its Vehicles Identification Number platform for the electronic valuation of vehicles  on Friday (today).  According to the Controller Valuation of the Service, Comptroller Anthony Udeze, the depreciation value of vehicles has not been done properly prior to now. He added that a lot of variables had also been considered as the commission sets out to redeploy its VIN platform.  He stated that the platform would present a uniform duty for all stakeholders in the industry. He disclosed this during a sensitisation meeting in preparation for the redeployment of the VIN platform that was held in Apapa on Thursday……………..read more

Oil marketers, airlines disagree over local JET-A1 price – Punch

Nigerian airline operators are currently at loggerheads with oil marketers over the rising prices of JET-A1, also known as aviation fuel. While marketers have defended the price, which is as high as N600 per litre, airlines have insisted that it is too high, accusing marketers of exploitation. As a result, airlines have threatened to shut down, forcing the state oil firm, NNPC Ltd., to intervene by importing two cargoes of the product and selling at lower prices to cushion the effect of high operational costs on airlines…………….read more

Unilever pays shareholders 50k dividend – Thisday

Unilever Nigeria Plc has said it will pay 50k dividend to its shareholders for the financial year ended December 2021.  A statement from the company also said it recorded a turnover of N70.5bn in the period under review.  “Unilever’s results for the year under review shows considerable progress across all indices, owing to improved operational performance and greater investment in the supply and distribution network, which resulted in high volume,” the statement said…………..read more

Firm eyes 30% aviation fuel market share – Daily Independent

Asharami Synergy Limited, a Sahara Group downstream company, is investing in technology and innovative solutions to enhance its capacity to fuel seamless economic growth through operations in the aviation fuel market. Asharami Synergy Limited, which is Nigeria’s first indigenous energy company to operate as an independent aviation fuel marketer, controls about 25 per cent market share in the industry, operating as the preferred supplier for local and international airlines…………….. read more

With $32bn Valuation, FTX Pushes for Regulatory Framework in Crypto Market – Punch

Given the huge trade volume of crypto currency in Africa, Nigeria inclusive, a centralised crypto currency exchange firm, FTX, has called on the federal government to licence crypto trading and come up with regulatory framework that will guide the operations crypto currency business in Nigeria………………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!