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BUSINESS NEWS BRIEF – DECEMBER 22, 2015

22
Dec

THISDAY

CBN Reviews N220bn MSME Fund Guidelines to Encourage Start-ups
As part of efforts to encourage entrepreneurial ventures and new businesses in the country, the Central Bank of Nigeria (CBN) has reviewed the guidelines for its N220 billion micro, small, and medium scale enterprises development fund (MSMEDF).[Read More…]

Report: Banks Struggling for Forex Liquidity
The declining oil prices as well as the unwillingness of the Central Bank of Nigeria (CBN) to devalue the naira amidst constrained reserves has continued to worsen foreign exchange (forex) liquidity position of Nigerian banks, a report stated yesterday.[Read More…]

DAILY SUN

FG to take over Ajaokuta Steel, others in Q1 2016
THE Federal Government has commenced an audit of its privatised assets, especially Ajaokuta Steel Company, with a view to taking them over.[Read More…]

2016 budget: Rich Nigerians to pay more tax
President Muhammadu Buhari got the green light from the Federal Executive Council (FEC) to present N6 trillion 2016 budget to a joint session of the National Assembly today.[Read More…]

VANGUARD

NIPF: SEC to compensate 580 complainants
THE Securities and Exchange Commission (SEC) has announced the official take-off of the National Investors Protection Fund (NIPF) and conclusion of arrangement to compensate a total of 580 investors whose claims have been successfully verified.[Read More…]

LEADERSHIP

CBN Witholds Dollar Sales To BDCs As Dollar Hits N271
Contrary to speculations that the Central Bank of Nigeria (CBN) will be releasing up to $90 million to Bureaux De Change operators this week, the Association of Bureau de Change Operators of Nigeria (ABCON) has said it has not gotten any feelers of funding from the apex bank.[Read More…]

THE NATION

Pay-as-you-use electricity tariff takes off, says NERC
The new electricity tariff regime approved over the weekend by the Nigerian Electricity Regulatory Commission (NERC) has removed fixed charges for all classes of electricity consumers.[Read More…]

Why we took NCC to court, by MTN
TELECOMMUNICATION giant MTN yesterday said it took the Nigerian Communications Commission (NCC) to court over the N780billion fine imposed on it over subscriber identity (SIM) card registration infractions because of its belief in the long term sustainability of its business in the country.[Read More…]

REUTERS

Oil prices come off multi-year lows on winter demand hopes
Oil prices edged away from multi-year lows on Tuesday as the northern hemisphere moves into the peak-demand winter season, but mild weather and ballooning supplies mean that prices are expected to remain generally low well into 2016.[Read More…]

BLOOMBERG

Emerging Stocks Advance on China Stimulus Bets as Rupiah Climbs
Emerging-market stocks climbed for a second day and Indonesia’s rupiah led currencies higher after China signaled it will take more steps to support growth in the world’s second-biggest economy.[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!