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

Daily Business News Brief -December 13th, 2022


Nigerian Breweries shareholders approve 2.1 billion bonus shares – Punch
Shareholders of Nigerian Breweries Plc have unanimously approved the issuance of 2.1 billion bonus shares valued at N84 billion, to qualifying shareholders. This approval was made known in a press release signed by the Head of the Corporate Affairs Unit, Sade Morgan, following the conclusion of its Extraordinary General Meeting held at the Oriental Hotel, Lagos……..……..Read More

SUNU Assurances grows Q3 profit by 577% – Punch
SUNU Assurances Nigeria Plc said its profit before tax rose to N374.73m in the third quarter of 2022 from N55.38m in Q3, 2021.It said in a statement that the profit grew by N319.35m, representing 577 per cent growth. The statement said, “SUNU Assurances Nigeria Plc’s performance has improved tremendously in the third quarter compared with third quarter 2021 in spite of the harsh operating environment in the country..……….Read More

Ecobank is undervalued but its Nigerian business is also under performing – Nairametrics
The Pan African lender, Ecobank Transnational Incorporated, on December 1, 2022, released its Q3 2022 results; reporting a 2.37% year-on-year rise in profit before tax on the back of growth across its income lines. It also recorded the highest quarterly interest income of N168.619 billion, more than it did in Q1 and Q2…………...Read More

FDI drops by 59% in 11 years – W’Bank  – Punch
The Foreign Direct Investment in Nigeria has plunged by 58.98 per cent in 11 years, data from the World Bank have revealed. According to the Washington-based lender’s annual report tagged, ‘International Debt Report’, the country’s FDI depreciated from $5.966bn in 2010 to $2.447bn in 2021. The FDI refers to an investment in the form of controlling ownership in a business in one country by an entity based in another country…………..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!