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BUSINESS NEWS BRIEF – DECEMBER 29, 2015

29
Dec

PUNCH

Sterling Bank gets ISO 20000-1 certification
Sterling Bank Plc says it has received the TCIC ISO 20000-1 certification in recognition of its attainment of global best practices in service management.[Read More…]

DAILY SUN

CBN releases N250m agric loan to Lagos cooperative members
Central Bank of Nigeria (CBN) has released N250 million to Lagos State Agro-allied Cooperative Multipurpose Societies Ltd on behalf of the Federal Government for on-lending to genuine cooperative societies’ members in Lagos at the single digit nine per cent interest rate to accelerate the eradication of poverty from the state.[Read More…]

Forensic auditors uncover 2.5bn bubble shares at Goldlink Insurance
THE Chairman of the Interim Management Board of Gold- link set up by the National Insurance Commission (NAICOM) to review the financial activities of Goldlink Insurance, Mr. James Ayo, has said that the underwriter has submitted report of the forensic audit it conducted.[Read More…]

VANGUARD

SEC sets up monitoring team for e-DMMS
IN response to the several complaints from Investors Forum over the Electronic Dividend Mandate Management System (e-DMMS) portal, the Securities and Exchange Commission (SEC) has set up a monitoring team to monitor compliance with the implementation of the initiative.[Read More…]

Nigeria automobile sector to contribute 4.5% of 2016 global sales
Nigeria’s automobile sector may contribute at least 4.5 per cent of 2016 global automobile sales as a result of the country’s increased investment in the automobile sector in 2015, which encouraged local production.[Read More…]

TRIBUNE

Oil plunge: Foreign reserves down by $574m in 3 weeks
AS the price of crude oil continues to take a plunge, Nigeria’s gross reserves which  slipped to $29.916billion on November 30, have again declined by $574 million to $29.341 billion as at  December 22, 2015 (barely 3 weeks).[Read More…]

THE NATION

Govt advised on forex access for critical goods
The President, Nigeria-British Chamber of Commerce (NBCC), Prince Dapo Adelegan has urged the Federal Government to develop policies that will ease access to foreign exchange (forex) for critical goods.[Read More…]

US opts to buy Nigeria’s crude, says Kachikwu
Minister of State for Petroleum Dr. Emmanuel Ibe Kachukwu has raised Nigerians’ hope about the dwindling oil revenue, with the news that the United States will now buy some crude from Nigeria.[Read More…]

BLOOMBERG

Fed’s Asset-Bubble Focus Tries to Clear Path for Gradual Hikes
The Dec. 18 message from the Federal Reserve and two other government agencies seemed innocuous enough. It “reminded” financial institutions about “existing regulatory guidance on prudent risk management practices for commercial real estate lending.”[Read More…]

Evergrande Buys New World China Projects for $1.1 Billion
New World China Land Ltd. has signed an agreement to sell property projects in the Chinese cities of Guiyang and Chengdu to Evergrande Real Estate Group Ltd. for a total 7.3 billion yuan ($1.1 billion), New World China Land said in a statement to the city’s stock exchange.[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!