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

Daily Business News Brief | Friday, May 27th, 2022


Investors rake in over N1.1tn dividend in 12 months – NGX – Thisday

The Nigerian Exchange Limited, on Thursday, said investors in the Nigerian capital market had earned over N1tn from dividend payout by companies listed on the NGX in the past year.  It said in a statement that year-to-date, Dangote Cement, MTN Nigeria and eight others emerged as the highest companies in terms of total dividends paid while Nestle, Total Energies Plc and eight others emerged as the highest in terms of dividends paid per share……………..read more

CBN defends naira with $3.36bn in two months – Punch

The Central Bank of Nigeria injected $3.36bn into the foreign exchange market in two months as part of efforts to ensure the stability of the naira.  Figures obtained from the CBN’s January monthly report on ‘Foreign Exchange Market Developments’ showed that $1.71bn and $1.65bn were injected in December 2021 and January 2022 respectively.  The report said, “Total foreign exchange sales to authorised dealers by the Bank was $1.65bn in January, representing a decrease of 3.1 per cent, relative to $1.71bn in December 2021……………read more

CBN Disbursed N40bn to IKEDC, Commends Pace of Lagos Rail Projects – Punch

The Central Bank of Nigeria (CBN) has revealed that it disbursed N40 billion to Ikeja Electricity Distribution Company (IKEDC),through it’s Real Sector Support Facility Discretionary Cash Reserve Ratio (RSSF- DCRR) to aide IKEDC’s mass metering projects and other developmental projects to enhance electricity distribution and productivity.  The Director, Development Finance Department, Central Bank of Nigeria, Mr. Philip Yila Yusuf, disclosed during the CBNs on-site monitoring and evaluation of Eko Electricity Distribution Company, and the Red and Blue rail projects in Lagos yesterday. …………..read more

CBN denies Emefiele’s sacking – Daily Independent

The Central Bank of Nigeria has denied the sack of its Governor, Mr Godwin Emefiele, describing the report as an unfounded rumour. It was rumoured on Wednesday morning that Emefiele had been sacked by Nigeria’s President, Major General Muhammadu Buhari (retd), purportedly for his presidential ambition.  The PUNCH had earlier sought clarification from the CBN’s spokesman, Mr Osita Nwanisiobi, but got no response from him………………. read more

Nigeria Still on JP Morgan’s Bond Index, Reclassification Not Due to CBN Lapses- Thursday

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has clarified that Nigeria is still on the JP Morgan Bond Index contrary to recent reports that the country had been delisted from the rating agency’s platform. Earlier reports had insinuated that JPMorgan had delisted the country from the market following the Nigerian National Petroleum Corporation (NNPC)’s inability to transfer earned funds from January to March to the government due to petrol subsidies and low oil production… ………………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!