+234 (1) 453 9639 | 0803 374 0045 | customerservice@globalviewng.com

BUSINESS NEWS BRIEF – Tuesday, April 5th, 2016

6
Apr

 

VANGUARD

Detailed copy of 2016 budget ready today —Reps
Baring any last minutes change, a detailed clean copy of the 2016 budget will be ready today for onward transmission to the President for assent.[Read More…]

FG allocates N14.69bn for group life in 2016 budget
The Federal Government has voted N14.69 billion for group life for its Ministries, Departments and Agencies (MDAs) in the 2016 Appropriation Bill passed by the National Assembly on March 23, 2016.[Read More…]

$9bn needed to rehabilitate North-East
An estimated $9 billion would be required for the rehabilitation and reconstruction of damaged infrastructure in the six North-East states of Adamawa, Bauchi, Borno, Gombe, Taraba and Yobe, the office of the Vice President said yesterday.[Read More…]

LEADERSHIP

CBN To Withdraw N1trn From Circulation
The Central Bank of Nigeria (CBN) has disclosed it readiness to pull out up to N1 trillion from circulation in a bid to stabilise the economy.[Read More…]

PUNCH

FG to issue N365bn bonds in second quarter
The Federal Government planned to raise between N274bn ($1.4bn) and N365bn in local currency-denominated bonds with maturities ranging between five and 20 years in the second quarter of the year, the Debt Management Office said on Monday.[Read More…]

Fidelity Bank backs export promotion drive
Fidelity Bank Plc has partnered the Lagos Business School and the Nigerian Export Promotion Council to boost human capital development for export promotion.[Read More…]

145 textile firms lost to economic downturn —FG
The Federal Government on Monday said that a total of 145 textile companies had shut down operations between 1980 and now due to harsh economic climate.[Read More…]

BUSINESSDAY

Nigeria to benefit from China Eximbank’s $1 bn Africa industrialization program
Nigeria and 53 other African countries are to benefit in China Export-Import Bank (China Eximbank)’s $1 billion investment and industrialization program to help accelerate Africa’s industrialization and enhance trade between the continent and China.[Read More…]

THE GUARDIAN

Govt’s JV funding gulps N833.8b
The Federal Government’s Joint Venture cash calls funding between March 2015 to February 2016 gulped about $4.156 billion (about N833.8 billion) for the period.[Read More…]

THE NATION

Revenue leakages: Fed Govt to review tax incentives
The Federal Government plans to review its existing tax incentives to further block revenue leakages in the system.[Read More…]

REUTERS

Nigeria Fidelity Bank places $113 mln Oando loan on watchlist
Nigeria’s Fidelity bank said on Monday it had put a 22.4 billion naira ($113 million) loan to Lagos-listed energy firm Oando Plc on a watchlist and taken a special provision of 5 percent.[Read More…]

Dollar slides to 17-month low vs. yen as stocks, oil fall
The dollar fell on Tuesday to its weakest against the yen since October 2014 as investors’ view of riskier assets soured, pushing shares and oil prices lower as the outlook for U.S. interest rates remained clouded.[Read More…]

BLOOMBERG

Yen Climbs to Strongest Since 2014 as Kuroda Monitors Market
The yen rose to the strongest level in more than 17 months against the dollar as declines in Asian stocks fueled demand for safer assets.[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!