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Daily Business News Brief- October 19th, 2022


Promptly Disclose Substantial Interests in Listed Firms, NGX Urges Investors – Thisday
To reduce the distortion of companies’ public information and market data, Nigerian Exchange Limited (NGX) has urged investors to disclose their substantial interest in listed companies not later than 10 business days after such a transaction.  According to NGX, sudden announcements of previously undisclosed interests breach the Exchange’s rules as well as other extant market laws..………….Read More
Again, Airtel investors lose N609 billion in today’s trading – Nairametrics
Shareholders of Airtel Africa Plc, one of the major telecommunications companies quoted on the Nigerian Exchange, again witnessed a massive loss of about N609 billion today, as the stock continued to consolidate its lead on the losers’ chart due to sustained sell pressure on the stock. ……….. Read More
PZ Cussons Nigeria gets bailout from its parent company – Nairametrics
Last year, PZ Cussons declared a new mantra of its new strategy for sustainable profitable growth which is Building brands for life… for today and for future generations. The aptly coined mantra reflects its enviable 120-year heritage as one of the oldest companies to operate in Nigeria.
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eNaira: CBN Woos Tri-cycles Operators, Offers 5% Discounts on Transactions – Thisday
In a bid to deepen the adoption of eNaira in the country, the Central Bank of Nigeria (CBN) has offered a five per cent discount to tri-cycles operators popularly known as Keke NAPEP as well as their customers, should they use the digital currency as means of payment.  The bank has announced the commencement of a nationwide awareness campaign to drive the adoption of the digital currency at the grassroots…………Read More
Lafarge Nigeria’s stock plunges amid $778m US fine – Punch
Lafarge Africa Plc’ stock price plunged at the Nigerian Exchange Limited at the close of market on Tuesday, following a fine of $778m by the United States over terrorism charges.  The company’s share price dipped by 2.13 per cent, losing 0.5 Kobo per share to close at N23 per share against N23.5 Kobo per share it recorded in previous day.  Meanwhile, the shares of Holcim Group, the company that recently bought Lafarge, were temporarily suspended on the Swiss stock exchange after news of the fine emerged………..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!