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

Daily Business News Brief – July 4th, 2023

4
Jul

Stock investors begin H2 with N533bn gain – Punch
Stock investors consolidated the bullish sentiments recorded in the first half of the year as they raked in N533bn on the first trading day of the second half of the year.
The All-Share Index went up 1.61 per cent to close at 61,949.24 index points on Monday against 60,968.27 index points recorded on Friday.
The market capitalisation rose by N53bn to close at N33.731tn, representing a 1.43 increase compared to the N33.198tn recorded in the previous trading session. . ……………… ….. …….,…. ……… .. .. ….. .. ….. …….. …………….……..Read More

Bank of America warns Nigeria inflation may hit 30% – Punch
The Bank of America has said the Monetary Policy Committee of the Central Bank may need to increase interest rates by at least 700 basis points before the end of the year to curb inflation.
In an interview with Bloomberg on Monday, the bank’s sub-Saharan Africa Economist, Tatonga Rusike, said the hike was necessary to tackle soaring inflation occasioned by the fuel subsidy removal and unification of foreign exchange…. .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More

MANAGING ASSETS FOR INVESTORS’ SECURITY – Thisday
All too often, investors in businesses who were not involved in the day-to-day running of the show look on helplessly when, owing to a variety of factors in prevailing global, national and local economies, the fortunes of the businesses took a downward dive. As individual investors, mostly through shareholdings, and corporate players, including financial institutions – banks, leasing companies, etc., they licked their wounds in utter helplessness…… .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More

Unravelling post-no-debit order abuse in Nigeria’s banking system – Guardian
In his inaugural speech, President Bola Tinubu mentioned that monetary policy needed thorough ‘housecleaning’. Since then, Godwin Emefiele has been suspended as the governor of the Central Bank of Nigeria (CBN) and the FX market is undergoing rapid changes for the better.
These initiatives have gathered applause from both local and international investors. But this is not enough….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..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!