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BUSINESS NEWS BRIEF – Wednesday, March 16th, 2016




Dangote Opens Tomato Factory to Vie With Chinese Imports
The Dangote Group, owned by Africa’s richest man, Aliko Dangote, has opened a tomato-processing factory near Nigeria’s northern city of Kano aimed at vying for the local market with imports from China.[Read More…]

CBN Offers N3m Credit Incentive to Boost Youth Entrepreneurship
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday launched the Youth Innovative Entrepreneurship Development Programme (YIED-P), an initiative designed to unlock the ingenuity and resourcefulness of youths to drive the economy.[Read More…]

Senate to Probe Non-Remittance of N3.3tn by NNPC, Other MDAs
The Senate on Tuesday said it would probe the audit report from the Office of the Auditor-General of the Federation which revealed that the Nigerian National Petroleum Corporation (NNPC) and other government agencies failed to remit N3.3 trillion to the Federation Account in 2014.[Read More…]


Power distribution firms reject supply from generating plants
The rejection of load allocations from power generating plants by some electricity distribution companies is one of the factors preventing the country from fully benefitting from the 6,500 megawatts generation capacity of the existing power plants.[Read More…]


Nigeria, Iraq cut OPEC’s output by 175,000bpd
Total crude oil production of the Organisation of Petroleum Exporting Countries (OPEC) fell by 175,000 barrels per day (bpd) to 32.38 million bpd in February, courtesy of output slide from Nigeria, Iraq and some other member countries.[Read More…]


Fed Govt inaugurates $1m investment, technology partnership with UNIDO
In collaboration with the United Nations International Developemnt Organisation (UNIDO), the Federal Government yesterday launched the first N300million Investment and Technology Promotion Office (ITPO) in Nigeria.[Read More…]


Ghana to restrict cement imports from Nigeria, China
Africa’s leading cement manufacturer, Dangote Company and other cement importers are in for tougher times in Ghana, following plans by government to restrict cement imports into the country.To this end, the Minister of Trade and Industry, Dr. Ekwow Spio-Garbrah, has proposed to the parliament, the enactment of an Act “to propose a ceiling on the annual importation of cement into Ghana.”[Read More…]


Global stocks dip, dollar on tenterhooks for Fed; oil bounces
Asian shares were mostly lower on Wednesday while the dollar dithered as markets waited anxiously for the Federal Reserve to provide guidance on the risk of U.S. rate hikes this year.
Asian shares were mostly lower on Wednesday while the dollar dithered as markets waited anxiously for the Federal Reserve to provide guidance on the risk of U.S. rate hikes this year.[Read More…]


London Stock Exchange, Deutsche Boerse Agree on Merger
Deutsche Boerse AG and London Stock Exchange Group Plc agreed to merge, a deal that would create a titan of European trading as long as rival suitors don’t upend the agreement and regulators give it their blessing.[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!