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Daily Business News Brief – August 29th, 2022


NGX to Highlight Impact of Circuit Breakers in Capital Market – Thisday
The Nigerian Exchange Limited (NGX) has announced that is set to host capital market stakeholders to a Circuit Breaker webinar this week. The virtual event themed, “Role and Impact of Index Circuit Breakers in the Capital Market”, is designed to increase awareness and enhance the understanding of NGX Circuit Breakers among stakeholders………….Read More
eNaira to Boost e-Commerce by 50%, Says Emefiele – Punch
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged the trade associations and merchants to take advantage of the numerous benefits provided by the Central Bank Digital Currency (CBDC) also known as eNaira to promote and grow their businesses.  Specifically, Emefiele said the availability of eNaira payment option on e-commerce merchant platform such as Remita will complement the existing digital payment system, translating to about 50 per cent increment in e-commerce transactions and at a lower cost………..Read More
Relief as CBN releases $265m to foreign airlines – Punch
The Central Bank of Nigeria on Friday, released $265m to airlines operating in the country, to settle outstanding ticket sales to check a brewing crisis in the country’s aviation sector.  There have been serious concerns and reactions over hundreds of millions of dollars earned by foreign airlines operating in the country which they could not repatriate due to foreign exchange scarcity problems…………..Read More
CBN: Diaspora Remittances  Through Naira to Dollar Scheme Hits $2.4bn in Eight Months – Thisday
Companies requiring immediate short-term/long-term capital to stay afloat raised a total of N826.64 billion Commercial Paper (CP) and corporate bonds on FMDQ Exchange in seven months of 2022. According to the latest financial markets monthly report released by FMDQ Exchange, a total sum of N524.84 billion and N301.8billion were raised by companies through CP and corporate bonds in the period under review, respectively…………..Read More
‘18.44% ICT Contribution to GDP in Q2, Highest Ever’ – Daily Independent
The Nigeria Labour Congress (NLC) has urged the federal government to urgently review downwards the operating licences of media organisations in the country in response to the prevailing harsh economic condition.  The Nigerian Broadcasting Commission (NBC) recently notified the management of 52 electronic media organisations in the country of its decision to withdraw the licences of 52 media houses for their inability to pay for their license renewal…….…..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!