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

Daily Business News Brief – May 17th, 2024

17
May

Industrial sector rebounds, records over 73% year-to-date gain – Guardian
The industrial goods segment has bounded back from its 2023 ranking as the worst-performing sector on the Nigerian Exchange Limited (NGX), achieving a year-to-date return of 73 per cent and the best-performing on the bourse.
Barely five months into the year, the sector outperformed the all-share Index and the four other segments, recording 72.95 per cent gain, contrary to the paltry 12 per cent appreciation it posted at the end of the 2023 financial year.. ………………………………………….. …………………………………………………………………. ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
CRMI eyes SEC collaboration to boost investors confidence – Punch
The Chartered Risk Management Institute is set to embark on a strategic collaboration with the Securities and Exchange Commission to enhance investor confidence in the nation’s capital markets.
The President of the institute, Dr. Ezekiel Oseni, announced this during a courtesy visit to the Director-General of SEC, Emomotimi Agama in Abuja on Thursday….. ………………………………………………………………… ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
SFS REIT Records 70% Income Growth, Proposes N14.50 Dividends – Thisday
The SFS Real Estate Investment Trust (SFS REIT) has announced 70 per cent increase in its net income for the 2023 financial year, alongside a proposed dividend of N14.50 per share, which is the highest in its 17-year history.
This announcement was made by Managing Director and CEO of SFS Capital Limited, Mr. Patrick Ilodianya, who oversees the SFS REIT, formerly known as Skye Shelter Fund.. . … .. .,…. .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
SAHCO Kano Station Receives ISAGo Re-certification – Thisday
Skyway Aviation Handling Company (SAHCO) Plc, Kano station, has been re-certified by International Air Transport Association (IATA).
The re-certification was issued to SAHCO after it passed the IATA Safety Audit for Ground Operations (ISAGO) standards audit conducted on the company in Kano… …. . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
Seplat Energy Recommits to Growing Shareholders Value, Sustainability – Thisday
The management of Seplat Energy Plc, yesterday recommitted itself to growing shareholders value, company’s sustainability at its virtual 11th Annual General Meeting (AGM).
Seplat Energy’s shareholders at the AGM approved the payment of a total dividend of US 15 cents by the Company as recommended by the Board… , . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
MeCure to produce first locally manufactured ‘Augmentin’ amid manufacturers’ exits – Nairametrics
MeCure Industries reports it has secured approval from the National Agency for Food & Drug Administration and Control (NAFDAC) to launch production of the first locally manufactured alternative Amoxicillin- Clavulanic acid tablets, Amoxyclav 625mg.
This announcement comes at a crucial time following the departure of major manufacturers of similar variants, positioning MeCure Industries as a key player in meeting the nation’s healthcare needs…,.. , . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
Fidelity Bank shareholders approve N19.2 billion final dividend for 2023 – Nairametrics
Shareholders of Fidelity Bank Plc have endorsed the recommendation of the board of directors for a final dividend of N19.2 billion for the financial year 2023.
The shareholders gave the approval at the company’s 36th Annual General Meeting (AGM) held virtually on Thursday….,.. , . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
May & Baker’s quarterly profit hits 10-year high of N655m – Businessday
The earnings of May & Baker, a pharmaceutical manufacturing company in Nigeria, rose to the highest in at least 10 years in the first three months of 2024, according to its latest financial statements.
The firm’s after-tax profit rose to N655.4 million in Q1 from N284.4 million in the same period of last year. Its revenue also rose to N6.4 billion from N4.2 billion….,.. , . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..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!