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BUSINESS NEWS BRIEF – Thursday, March 31st, 2016



Lagos to prosecute tax defaulters from April 1
The Lagos State Internal Revenue Service says it will commence the prosecution of tax evaders and offenders in the state from April 1, 2016.[Read More…]

China reduces import of Nigerian crude oil
Nigeria saw its share of China’s crude oil imports shrink by 7.5 per cent last year as the world’s largest energy consumer reduced its import of Nigerian crude to 10.56 million barrels.[Read More…]

FAAN seeks investors to develop airport facilities
To improve efficiency and render better services to the flying public, the Federal Airports Authority of Nigeria has said that it is seeking private investors for the development of infrastructure across the nation’s airports.[Read More…]

Local manufacturers to increase production of meters
Local manufacturers have said they will produce at least 25,000 meters monthly for a start, with a plan to increase production gradually to meet the country’s metering need and for ease of deployment.[Read More…]


Relief as PPPRA Slashes NNPC’s Allocation for Q2 Fuel Imports
The Petroleum Products Pricing Regulatory Agency (PPPRA) has released the second quarter petrol import allocations to the Nigerian National Petroleum Corporation (NNPC) and the private oil marketing companies, a development that will potentially ease the current product shortages, THISDAY has learnt.[Read More…]


New monetary policy pulls out N744bn from circulation
Due to its new monetary policy drive the Central Bank of Nigeria, CBN, may be pulling out up to N1.0 trillion from circulation in the economy through the banking system in the first month of its new monetary policy.[Read More…]

Innoson signs pact with Air Force to produce jet fighters’ parts
The Nigerian Air Force, yesterday, signed a Memorandum of Understanding, MoU with Innoson Vehicle Manufacturing Company, IVM, Nnewi, Anambra state for research and production of spare parts for its fighter jets.[Read More…]


Kerry: U.S. to invest $600m in Nigeria
The United States will invest more than $600 million in Nigeria this year, Secretary of State John Kerry said yesterday in Washington.[Read More…]


Budget details ready in 2 weeks – N/Assembly
The National Assembly said yesterday that details of the 2016 budget would be ready in the next two weeks.This means the budget will be ready for President Muhammadu Buhari’s assent three weeks after its passage by the National Assembly on Wednesday last week.[Read More…]


BOC Gases explains delay in filing financial statements with NSE
The management of BOC Gases Plc has explained its inability to meet the March 31 deadline for the filing of its 2015 Audited Financial Statements (AFS) with the Nigerian Stock Exchange (NSE).[Read More…]


Asian stocks edge up to four-month high, dollar sags on Fed caution
Asian shares edged up to a four-month high on Thursday as receding worries of near-term U.S. interest rate hikes continued to buoy investors’ appetite for riskier assets.[Read More…]


Oil Declines as Rising U.S. Crude Stockpiles Expand Global Glut
Oil declined as rising U.S. crude stockpiles kept supplies at the highest level in more than eight decades.[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!