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BUSINESS NEWS BRIEF – DECEMBER 15, 2015

15
Dec

THISDAY

Withdrawal of Fuel Subsidy Begins in 2016
Pleading acute shortage of funds, the federal government Monday said it would begin a gradual withdrawal of fuel subsidy next year.[Read More…]

FG’s Agencies Unable to Trace Solid Minerals Revenues, Says NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that the relevant government agencies responsible for the management of Nigeria’s solid minerals sector have not been able to trace the whereabouts of billions of naira revenue that should accrue to the government from the sector.[Read More…]

VANGUARD

Oil price slump: Nigeria’s economic outlook remains difficult – World Bank
THE World Bank has projected that Nigeria’s economic outlook would remain difficult in the short run due to the persistent low price of crude oil in the international market.[Read More…]

Buhari passionate about completion of Ajaokuta Steel — Fayemi
LOKOJA—Minister of Solid Minerals, Dr. Kayode Fayemi, has said that President Muhammadu Buhari is very passionate about the completion and effective operation of the Ajaokuta Steel Company, located in Kogi state.[Read More…]

LEADERSHIP

Nigeria Loses 3% GDP Annually To Road Accidents – FRSC
Corps Marshal of the Federal Road Safety Commission (FRSC), Mr. Boboye Oyeyemi, has stated that over three per cent of the nation’s Gross Domestic Product (GDP) was lost annually to road traffic accidents.[Read More…]

CBN’s Polices Giving Hawkers Upper Hand In Forex Market – Gwadabe
Following the latest guidelines for the operations of the Bureaux de Change (BDC) in the country, the Association of Bureau de Change Operators of Nigeria (ABCON) has said that the policies of the Central Bank of Nigeria (CBN) is giving street hawkers an upper hand in the foreign exchange (FOREX) market.[Read More…]

THE NATION

Petrol may sell for N97
Nigerians to prepare for some tough decisions next year.[Read More…]

Court dismisses Stanbic IBTC, KPMG’s suits against FRC
The Federal High Court in Lagos on yesterday dismissed separate suits filed by Stanbic IBTC Holdings Plc and KPMG Professional Services challenging the sanctions imposed on them by the Financial Reporting Council of Nigeria (FRC).[Read More…]

REUTERS

Oil extends losing streak as oversupply concerns persist
Oil prices dipped on Tuesday, with Brent set to extend its losing streak to an eighth day, as investors remain concerned about a global glut and mild winter demand that sent prices close to 11-year lows during the previous session.[Read More…]

BLOOMBERG

Here’s What the Fed Will Be Watching to See If Liftoff Worked
On the eve of liftoff, the Federal Reserve must be feeling pretty good about the ability of its new tools to raise interest rates: Key money market rates are already floating obediently upward in anticipation of the U.S. central bank’s first hike in nearly a decade.[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!