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BUSINESS NEWS BRIEF – SEPTEMBER 22, 2015

22
Sep

 

PUNCH

TSA: Interbank rate hits 15% as liquidity drops
The Nigerian Interbank Offer Rate hit 15 per cent on Monday as banks continue to record liquidity on the back of the recent commencement of the Treasury Single Account policy.[Read More…]

FG seeks single-digit interest loans for power firms
The Federal Government wants the Central Bank of Nigeria and the National Pension Commission to provide funds at single-digit interest rates for the financing of electricity projects across the country, the Permanent Secretary, Federal Ministry of Power, Dr. Godknows Igali, has said.[Read More…]

Oil price decline permanent, says DMO DG
The Director-General, Debt Management Office, Dr. Abraham Nwankwo, on Monday said the decline in the prices of crude oil was a permanent phenomenon.[Read More…]

Foreign investors withdraw N410bn from stock market
The dwindling attraction and returns in the country’s stock market caused foreign portfolio investors to pull out N410.49bn from the equities segment of the Nigerian Stock Exchange between January and August this year.[Read More…]

NUPENG wants govt intervention in Chevron, workers’ crisis
The Nigerian Union of Petroleum and Natural Gas Workers has given the Federal Government a seven-day ultimatum to intervene in the crisis between Chevron Nigeria Limited and its contract workers.[Read More…]

VANGUARD

Oil sector attracts N2.9bn foreign investment
The Nigerian oil and gas sector attracted $14.34 million, about N2.87 billion worth foreign investments in the first half, HY1, of 2015, the National Bureau of Statistics, NBS, has revealed.[Read More…]

REUTERS

Asia shares rise, dollar firm on Fed, ECB views
Asian shares rose on Tuesday and the dollar held steady as U.S. markets bounced back and the European Central Bank said it was prepared to ease monetary policy further.[Read More…]

Dollar hits near two-week high on revived rate hike bets
The dollar hit an almost two-week high against a basket of currencies on Tuesday after comments from Federal Reserve officials revived expectations that U.S. interest rates will still be hiked later this year.[Read More…]

BLOOMBERG

China Investors Shun World’s Wildest Stocks as Trading Dries Up
Plunging turnover and the world’s wildest price swings mean that China’s stock market just keeps getting uglier for investors.[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!