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Monthly Archives: September 2019

Amaechi, Dakuku Tip Maritime Security To Boost Nigeria’s Economy

2019 World Maritime Day

As 10 undergraduates bag NIMASA educational grants   The new maritime security infrastructure being built by the federal government, the Deep Sea project, has been projected to be a major economic trigger for the country, according to the Minister of ...

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NCAA Bans Carriage Of Macbook Pro On Flights.

16,426 Flights Delays Occur In Six Months- NCAA

As part of efforts to prioritize safety of lives and properties on board planes in the country, the Nigerian Civil Aviation Authority (NCAA) has banned the carriage of Macbook Pro laptop (Model: Retina, 15 MID 2015) on flights. The Authority ...

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Banks recorded N1.44tn non-performing loans Q2

Banks recorded N1.44tn non-performing loans Q2

The total non-performing loans in the banking sector stood at N1.44tn at the end of the second quarter of 2019. This is about 9.3 per cent of the total loans in the sector. Latest statistics revealed that the gross loans ...

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NNPC, Shell to evaluate 35,000bpd OML 25 damage

NNPC, Shell to evaluate 35,000bpd OML 25 damage

The joint venture partners in the 35,000 barrels per day Oil Mining Lease 25 are to evaluate the damage done on OML 25, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has said. JV partners in OML 25 ...

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Banks fail to account for Nigeria’s $7bn reserves

Banks fail to account for Nigeria’s $7bn reserves

There are strong indications that a huge chunk of the $7bn reserves which the Central Bank of Nigeria under a former Governor Charles Soludo gave to 14 banks had yet to be repaid 13 years after it was collected. The ...

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Investors’ wealth slumps by 0.09% over weak patronage, apathy

Investors’ wealth slumps by 0.09% over weak patronage, apathy

Weak domestic patronage has continued to spur increased price volatility and apathy on the equity sector of the Nigerian Stock Exchange (NSE). This is just as all eyes are now focused on the new economic advisory team of the Federal ...

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Fuel scarcity looms as IPMAN threatens private depot owners over PEF arrears

Fuels Marketers To Improve Supply Ahead Of Yuletide

Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday warned of imminent scarcity of petroleum products, if private depot owners fail to settle backlog of Petroleum Equalisation Fund (PEF). Chairman of IPMAN, northwest zone, Bashir Dan-Mallam, issued the threat while briefing ...

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Vivacious Victoria

Vivacious Victoria

Mrs.  Victoria Shina Aba, is the Regional Manager, Federal Airports Authority Of Nigeria (FAAN) and the Terminal Manager, Murtala Muhammed International Airport, Ikeja, Lagos. She superintended the airport’s recertification by the United States of America, USA, Federal Aviation Administration (FAA). Victoria, who is ...

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Aftermath Of CBN’s Fiscal Confusion: Business Owners May Begin Alternative Banking Models

FG’s domestic debt rises by N1.26tn

 CBN’s cashless policies are contradictory – Experts  Concessionaires to take over Onitsha river port in December  NIMASA to acquire 2 special mission vessels By Kenneth Jukpor There are strong indications of emerging monetary crisis in Nigeria following Central Bank of ...

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EU, UN Must Call Global Illegal Poachers To Order – Orakwusi

EU, UN Must Call Global Illegal Poachers To Order – Orakwusi

Appalled by the incessant poaching of Africa’s aquatic resources by illegal foreign poachers, the former Chairman of Nigeria Fishing Trawler Owners Association (NIFTOA), Barr. (Mrs.) Margaret Orakwusi, has called on the European Union and the United Nations to stop the ...

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WIMA-Nigeria To Host Maiden Conference To Empower Women

WIMA-Nigeria To Host Maiden Conference To Empower Women

By Kenneth Jukpor  As part of efforts to key into the International Maritime Organization’s (IMO) 2019 theme on “Empowering Women in the Maritime Community”, the Nigerian chapter of African Women in Maritime (WIMAfrica) will host the maiden edition of an annual ...

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Are NAHCO, SAHCO Facilitating Delays At Airports?

Are NAHCO, SAHCO Facilitating Delays At Airports?

By Kenneth Jukpor & Okuneye Moyosola Despite the Federal Government’s Ease of Doing Business plans to facilitate the process of clearing goods at the airports, there are allegations that Ground Handling companies have continued to prioritize their selfish gains over ...

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Harnessing Tourism In Nigeria Via Air Transport

Harnessing Tourism In Nigeria Via Air Transport

Nigeria has great prospects when it comes to tourism. A country with diverse landscape, beautiful scenery and many destinations with historic significance should have a thriving tourism sector. Tourism is a vital sector to every nation in the world as ...

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2019 World Maritime Day Celebration: Reliving The Moments

2019 World Maritime Day Celebration: Reliving The Moments

The International Maritime Organization (IMO) dedicated 2019 World Maritime Day celebration to discourse on ‘Empowering Women in the Maritime Community’. The event in Lagos was a memorable one as women added colourful moments to the felicitation. Enjoy the photos!

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How Nigerian Women Can Avoid Depression – Nwala

How Nigerian Women Can Avoid Depression - Nwala

By Kenneth Jukpor Nkeiru Nwala is the Public Relations Officer of Apapa Customs Command. She was one of the resource persons at the 3rdWomen in Leadership and Career Empowerment Programme (WILCEP) Africa Mentorship programme. She discussed with MMS Plus newspaper, ...

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Factors To Consider When Building An Efficient Airport

Factors To Consider When Building An Efficient Airport

Airport, also called air terminal, aerodrome, or airfield, site and installation for the takeoff and landing of aircraft. An airport usually has paved runways and maintenance facilities and serves as a terminal for passengers and cargo. The vast majority of ...

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BULLS: ‘Apapa Traffic’

BULLS: 'Apapa Traffic'

Apapa traffic gridlock is one that has brought untold hardship and colossal losses to commuters and business persons, port users and several categories of port users. The mention of “Apapa traffic congestion” usually evokes sadness, bitterness, shame and embarrassment. The ...

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BEARS: Amazing Amaechi

BEARS: Amazing Amaechi

When the Minister of Transportation, Hon. Rotimi Amaechi aptly admonished Nigerian women in the maritime sector to seize the opportunity of the World Maritime Day celebration on empowering women to reach out to millions of Nigerian women in dire need ...

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EU to support Nigeria with €150m

EU to support Nigeria with €150m

The European Union says it will support Nigeria with 150 million euro to enable it to tackle challenges of climate change. The EU Ambassador to Nigeria and Head of delegation, Mr Ketil Karlsen, disclosed this at the European Union Climate ...

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Borders’ closure to protect Nigeria’s interest – Ali

Customs ban exports, imports via land borders indefinitely

The Comptroller-General, Nigeria Customs Service, Col Hameed Ali (retd), has said the Federal Government closed Nigeria’s borders in order to strengthen the nation’s security and protect its economic interest. He said this on Thursday at the Seme border during a ...

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