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

Daily Business News Brief -December 19th, 2022


PZ Nigeria Sustains Growth Despite Hike In OPEX – Thisday
The company declared a dividend of N4billion representing a payment of N 1.01 per ordinary share. The company’s revenue hits another milestone in 2022, driven by growth recorded in its home and personal care products and durable electrical appliances amid low purchasing power due to double-digit inflation, among other factors…….……..Read More

Investors’ Interest in BUA Cement, Others Lift Stock Market by N236bn – Thisday
Transactions on the floor of the Nigerian Exchange Limited (NGX) remained positive for the fifth consecutive week as average investors’ investment in the stocks added N236 billion at the close of trading last week.The positive performance was driven by gains recorded by BUA Cement, Zenith Bank, Wapco, Fidelity Bank, FBN Holdings, Stanbic and as such, the All Share Index (ASI) notched a 0.98 per cent gain, closing the week at 49,316.29 basis points…….……..Read More

Sterling Bank retains positive outlook rating – Punch 
DataPro, a technology-driven credit rating agency, has in its latest report affirmed Sterling Bank Plc long-term rating of “BBB+” with a positive outlook for the year 2021/2022. A statement quoted the firm as saying, “The “BBB+” indicates slight risk. It shows fair financial strength, operating performance,  and Business Profile when compared to the standard established by DataPro Limited ……………Read More

Finance Bill: Dangote, 7UP, 170 firms may lose N2.4tn tax waivers – Punch 
At least 172 companies may not benefit from about N2.4tn tax waivers under the Pioneer Status Incentive and other tax exemptions as the Federal Government moves to phase out some tax waivers effective 2022, findings by The PUNCH have shown. The Federal Government is phasing out the tax exemptions for mature industries with the 2022 Finance Bill, which President, Major General Muhammadu Buhari (retd.), has sent to the National Assembly…….……..Read More

FG Raised N3.06trn from Bond Market in 2022, Records 53.2% Oversubscription  – Thisday
Following the need to finance the 2022 budget deficit, the federal government through the Debt Management Office (DMO), in 2022, raised a whopping sum of N3.06 trillion from the bond market, the debt office monthly auction results has revealed. Analysis of the auction results showed that total FGN bond borrowing in 2022 is 13 per cent higher than N2.71 trillion borrowed in 2021…….……..Read More

Nigeria’s foreign portfolio records $2.08bn shortfall  – Punch
Nigeria’s foreign portfolio equity recorded a $2.08bn shortfall between 2010 and 2021 amid an unfavourable economic environment characterised by forex challenges and loss of investors’ confidence. According to a World Bank report titled, ‘International Debt Report 2022’ an updated record of ‘International Debt Statistics’, the portfolio equity had recorded $2.15bn in the year 2010 but reduced to $72m by 2021…….……..Read More

Oil earnings rise by N308.6bn  – Punch
Nigeria’s crude oil earnings rose by about N308.6bn within two months following the recent increase in the country’s oil output due to concerted efforts by the Nigerian National Petroleum Company Limited and security agencies to halt oil theft. Data accessed from the Nigerian Upstream Petroleum Regulatory Commission and other international agencies, on Sunday, showed that the country’s oil earnings moved up between September and November this year…….……..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!