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

Daily Business News Brief – June 14th, 2024

14
Jun

Equity market rebounds with N144bn gain – Punch
The Nigerian equity market recovered Tuesday’s loss with a N144bn gain on Thursday, buoyed by an appreciation by Nigerian Breweries, Unity Bank, NEM Insurance and 27 others.
The market closed trading after Wednesday’s Democracy Day holiday with capitalisation and the All Share index rising by 0.2 per cent to settle at N56.47tn and 99,832.25 points, respectively. ………………………………………………………………………………………………………………………………………….. .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
SAHCO shareholders get N406m dividend – Punch
Skyway Aviation Handling Company has disclosed a 81.82 per cent rise in its dividend payout to shareholders to N406.07m in 2023 from N223.34m in the previous year.
The Chairman of the aviation company, Taiwo Afolabi, said at the firm’s annual general meeting in Lagos on Thursday that it was paying 30 kobo dividend per ordinary share of 50k compared to 16.50k paid in 2022.   . ….. ………………………………………………………………… ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
NNPC withdraws suit against ExxonMobil, Seplat $1.28bn deal – Punch
The Nigerian National Petroleum Company Limited has applied to a High Court of the Federal Capital Territory, Abuja, to stop its ongoing legal action against several subsidiaries of Mobil Nigeria and the Nigerian Upstream Petroleum Regulatory Commission.
NNPC in a motion, filed on June 11, 2024, by their legal counsel Afe Babalola & Co., requested the court to grant leave for discontinuance and to strike out the suit, with the provision to relist it should the settlement process… …………………….. . … .. .,…. .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
GTCO Issues Notice of Proposed N500bn Public Offering – Thisday
 
Guaranty Trust Holding Company Plc (GTCO) Plc, has filed a preliminary “red herring” prospectus (Red Herring Prospectus) with the Securities and Exchange Commission (SEC) in connection with a proposed offering for subscription of ordinary shares of 50 kobo each in its share capital (the Ordinary Shares) to raise gross proceeds of up to N500 billion……… …. . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
GTCo completes 100% acquisition of Investment One Pensions – Guardian
Guaranty Trust Holding Company plc (GTCO) has informed the Nigerian Exchange Limited and the investing public of the completion of the acquisition of 100 per cent shares in Investment One Pensions Managers Limited.
Commenting on the transaction Group Chief Executive Officer of GTCO, Segun Agbaje, said: “This acquisition is in line with the evolution of the Guaranty Trust brand in becoming a fully-fledged financial services company,.. .. … , . …… .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..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!