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BUSINESS NEWS BRIEF – Friday, April 1st, 2016




Petrol may sell for N88 per litre from today
Amid the lingering fuel crisis in the country, there were indications yesterday from the Petroleum Products Pricing Regulatory Agency (PPPRA) that the product may be sold for N88 per litre at the Nigerian National Petroleum Corporation (NNPC) stations and N88.50 in other stations starting from today.[Read More…]

Ambode promises to complete $1.7 billion Lekki seaport in 2019
The governor, who reeled out the numerous investment opportunities that abound in the state to prospective investors in critical sectors such as power, agriculture, transportation, health, tourism, housing, ICT and manufacturing, gave assurance that the state was poised for more investments.[Read More…]

Ntel, new telecoms firm, begins operation April 8
Newest entrant into Nigeria’s telecommunications market, Ntel has concluded plans to roll out services from April 8.Ntel, which plans to start from Lagos and Abuja, said it would offer Nigerians fourth generation Long Term Evolution (4G LTE) network service.[Read More…]


We’ll strictly monitor N350bn economic stimulus – FG
The Federal Government said on Thursday that the N350bn to be injected into the economy in the coming weeks would be strictly monitored to ensure its effective utilisation.[Read More…]

Buhari orders activation of BASA with Israel
President Muhammadu Buhari has directed the immediate activation of the Bilateral Air Services Agreement that Nigeria signed in 2013 with the State of Israel.[Read More…]

Eight power plants shut…zero generation recorded for hours
Eight of the nation’s power generating plants were completely idle on Thursday, with significant reduction in output from others, including Egbin, which is located in Lagos.[Read More…]

FG to borrow N219bn via Treasury bills
The Federal Government is planning to borrow N218.89bn ($1.1bn) through short-dated Treasury bills on April 7, the Central Bank of Nigeria has said.[Read More…]

Nine firms submit bids for refinery co-location
The Nigerian National Petroleum Corporation on Thursday announced that it had opened bids for the co-location of new plants within its existing refineries.[Read More…]


World Bank to Spend $800m in Rebuilding N’East
The World Bank is setting aside $800 million in support of the rebuilding of infrastructure devastated by years of Boko Haram insurgency in the Northeast.[Read More…]


FG settles 141mw Aba power, Enugu Disco rift
The Federal Government yesterday successfully settled the rift between Geometric Power and operators of the Enugu Distribution company (Disco) that stalled the take-off of the 140megawatts (mw) Aba Power in Abia State since 2014.[Read More…]


Japanese gloom ensures slow start to quarter for world stocks
Gloomy Japanese manufacturing data on Friday ensured a downbeat start to the second quarter, driving stocks and oil lower and supporting safe-haven assets like gold and the Japanese yen.[Read More…]


Stocks Sink With Oil as Japan Confidence Dips; Metals Advance
Stocks slumped with oil as a new quarter got under way, with Japanese equities leading losses amid deteriorating corporate sentiment. Copper and aluminum rose after a gauge of Chinese manufacturing expanded for the first time since July.[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!