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BUSINESS NEWS BRIEF – JANUARY 06, 2015

6
Jan

 

PUNCH

IMF to help Nigeria trace looted funds
The Managing Director of the International Monetary Fund, Christine Lagarde, said on Tuesday in Abuja that the organisation was willing to assist the Federal Government of Nigeria in plugging revenue leakages, tracing stolen funds and restructuring the tax system.[Read More…]

Naira falls to 267.5 as dollar demand rises
The demand for the United States’ dollar at the parallel market was up on Tuesday, driving down the naira to 267.5 against the greenback.[Read More…]

DAILY SUN

FG abolishes tendering for oil, gas shipment
The Federal Government has abolished tendering process for the engagement of pre-shipment inspection and monitoring agents for the oil and gas sector.[Read More…]

THISDAY

Nigeria’s PMI Remains Flattish on Macro Headwinds
Nigeria’s Purchasing Managers Index (PMI) has continued to take a beating as a result of macro headwinds exacerbated by the oil price slide, the collapse in FAAC pay-outs and foreign exchange crisis.[Read More…]

CBN’s Forex Policy Gets Backing
President Muhammadu Buhari and two leading Nigerian economists have endorsed the Central Bank of Nigeria (CBN) foreign exchange management policy, just as local manufacturers have applauded the policy.[Read More…]

VANGUARD

FG to generate $7.5bn from grid solar energy
THE Minister of Environment Hajiya Amina Mohammed has projected that the country can generate $7, 5 billion (about N15 trillion) from of grid solar energy.[Read More…]

THE NATION

Local petrol refining hits 6.76m litres
The Nigerian National Petroleum Corporation (NNPC) yesterday said the nation’s three refineries in Kaduna, Port Harcourt and Warri have attained a combined daily production of over 6.76 million litres of petrol per day.[Read More…]

REUTERS

Asia stocks buffeted by China worries, North Korea nuclear test
Asian shares fell on Wednesday and most emerging currencies retreated as China allowed the yuan to weaken further, stoking fears about its slowing economy, while a North Korean nuclear test heightened geopolitical tensions.[Read More…]

BLOOMBERG

China’s Weakening Yuan Is Bad News for Japanese Equities: Chart
Where the yuan goes against the yen, Japanese stocks go too.[Read More…]

India Rupee Falls to Three-Week Low as China Fuels Risk Aversion
India’s rupee dropped to a three-week low as demand for riskier assets ebbed after China weakened the yuan’s fixing to a 2011 low and North Korea said it tested a hydrogen bomb.[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!