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Daily Business News Brief – October 6th, 2022


Geregu Makes History, Becomes First Power Company to List on Stock Exchange – Thisday
Geregu Power Plc (GPP) was yesterday admitted into the Main board of the Nigerian Exchange Limited (NGX) by way of listing by Introduction (LBI) with the admittance of 2.5 billion ordinary shares of 50 kobo each at N100 per share on the Exchange.  Geregu Power, a leading power generation company (Genco) in Nigeria, is the first Genco to be listed on the NGX Main Board, a listing segment for well-established companies with demonstrable records of accomplishments. The listing of Geregu’s shares has added N250,000,000,000 billion to the market  capitalisation of NGX, further boosting liquidity in the Nigerian capital market and providing opportunities  for wealth creation…………Read More
CBN grants Xpress Payments mobile money licenceCb – Punch
A subsidiary of Xpress Holdings Limited, Xpress Payments, has been granted a mobile money operator licence by the Central Bank of Nigeria.  According to a statement, the licence allows XpressMTS to instantly commence operations as a mobile money operator in Nigeria, to extend to customers in the segment the unmatched services Xpress Payments has built its hard-won reputation on………...Read More
Bitcoin defies macro environment to surge above $20,000 – Nairametrics
Flagship cryptocurrency asset, Bitcoin, seems to be defying all known laws of gravity as it rallies back above the $20,000 trading zone, effectively turning resistance to support. This has gotten cryptocurrency enthusiasts excited about the month of October, usually termed, “Uptober,” because the asset and the market have historically performed positively during the month …………Read More
Stakeholders Highlight Priority Areas that Will Disrupt, Deliver Economic Growth for Nigeria – Punch
Considering the fact that the playbook that drives economic growth and prosperity globally is undergoing some material disruption, where drivers of global economies are fast shifting from oil and gas to agriculture and technology innovation, stakeholders in the technology sector have highlighted priority areas that will disrupt and also deliver key economic growth for Nigeria.   ………….Read More
Senate approves daily crude production of 1.69 million for 2023, passes Medium Term Expenditure Framework (MTEF – Nairametrics
The Nigerian Senate has approved the 2023-2025 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). They also approved crude oil production of 1.69 million barrels per day (bpd) for 2023.  This comes as President Muhammadu Buhari is expected to present Nigeria’s 2023 budget on Friday, as finance minister, Zainab Ahmed says the federal government’s 2023 budget proposal is N19.76 trillion, with a deficit of N11.3 trillion………..…..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!