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Author Archives: mms plus

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Mesmerizing Maryesther

Mesmerizing Maryesther

Maryesther Ezeadi is the Business Development & Relationship Manager, at Development Bank of Nigeria (DBN). She is a Relationship Manager with a difference, having bagged rich work experience in the banking industry. Maryesther is a refined finance professional skilled in ...

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Stakeholders fault Federal Government’s plan for repairs of Enugu airport

Stakeholders fault Federal Government’s plan for repairs of Enugu airport

The planned closure of Akanu Ibiam International Airport, Enugu State, by the Federal Government to give way for contractors to fix the runway, is not going down well with stakeholders from the South East. For some time now, the runway ...

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CBN to restrict forex on more food items, says Emefiele

CBN to restrict forex on more food items, says Emefiele

The solution to our problems lies with us, Buhari declares Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that it will deny foreign exchange (Forex) for importation of more items at both commercial banks and the ...

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Entrepreneurs seek focus on MSMEs to address nation’s economy challenges

Entrepreneurs seek focus on MSMEs to address nation’s economy challenges

Entrepreneurs have urged players in the Micro, Small and Medium Enterprises (MSMEs) as well as the Federal Government to pay more attention to the sector as part of measure to address gaps in the nation’s economy. The stakeholders, who gathered ...

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NURTW endorses return of tollgates to boost motorists’ security

NURTW endorses return of tollgates to boost motorists’ security

The National Union of Road Transport Workers (NURTW), has said it will not oppose the return of tollgates if it will bolster security and adequate maintenance of roads. Speaking on the sidelines of the just-concluded, International Labour Conference in Geneva, ...

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Power generation drops to 3,014.8MW as FG loses N92.28b in 49 days

Power generation drops to 3,014.8MW as FG loses N92.28b in 49 days

Power output from Nigeria’s generating companies (GenCos) dropped to 3,014.8 megawatts (MW), yesterday from a monthly average of 3,578MW in August, latest data from the National Control Centre (NCC), Osogbo, has shown. At 50.17Hz with installed capacity of 6,985.9MW and ...

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NNPC mulls performance-based pipeline protection system

NNPC mulls performance-based pipeline protection system

•Partners NSCDC on safety of oil assets In efforts to rid the nation of the menace of pipeline vandalism, the Nigerian National Petroleum Corporation (NNPC), yesterday, disclosed that a new performance-based pipeline protection system is being considered to address the situation.The ...

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Firms collaborate to expand toy production across Africa

Auldon Toys has signed a memorandum of understanding with Polesie, one of Europe’s biggest toy manufacturer, for a retail deal and local assembling of high-quality toys that meet international safety standard within Nigeria. The partnership, which was sealed with Nigerian-based ...

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Zenith Bank posts N111.7 billion profits in H1

Zenith Bank posts N111.7 billion profits in H1

•Declares 30kobo interim dividend  Zenith Bank Plc has announced its audited results for the Half Year (H1) ended June 30, 2019, recording Profit Before Tax (PBT) of N111.7 billion, representing a 4 per cent rise over ₦107.4 billion achieved in the ...

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Forex Restriction: ANLCA Warns FG To Thread Cautiously

Forex Restriction: ANLCA Warns FG To Thread Cautiously

*NECA, LCCI, Fault Buhari’s Directive On Food Import   By Kenneth Jukpor Following President Mohammadu Buhari’s directive to the Central Bank of Nigeria (CBN) to withdraw foreign exchange for importation of food, the Association of Nigeria Licensed Customs Agents (ANLCA) ...

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Insurance sector may lose 72% of Dangote refinery’s risk

Insurance sector may lose 72% of Dangote refinery’s risk

The nation’s insurance industry may lose 72 per cent of the insurance business in the Dangote Oil Refining company. The company, which has insured value estimated at $6.8 billion, may be overtaken by foreign operators, when it becomes operational as ...

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NNPC picks 15 firms to supply Nigeria 14b litres of petrol

NNPC picks 15 firms to supply Nigeria 14b litres of petrol

Fifteen local and international oil companies have been selected by the Nigerian National Petroleum Corporation (NNPC) to supply 14 billion litres of Premium Motor Spirit (popularly known as petrol) under the 2019/2020 Direct Sale of Crude Oil and Direct Purchase ...

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CBN’s CNY1.2b interventions and forex developments

CBN’s CNY1.2b interventions and forex developments

Averts over $178m spot pressure on reserves, exchange rate The week-long visit of President Muhammadu Buhari to the People’s Republic of China between April 11 and 15, 2016, was alongside the Governor of the Central Bank of Nigeria (CBN), Godwin ...

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Buhari summons FIRS boss over tax revenue decline

Buhari summons FIRS boss over tax revenue decline

President Muhammadu Buhari has summoned the Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, to the Presidential Villa today to explain tax collection variations between 2015 and 2018. Specifically, President Buhari in a letter alleged variations in budgeted ...

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How  Inflation Cripples FG Fiscal Interventions In MSMEs – DBN

How  Inflation Cripples FG Fiscal Interventions In MSMEs - DBN

·  Why Nigerian career women suffer depression By Kenneth Jukpor Despite several efforts by the Federal Government to guarantee Micro, Small and Medium-sized Enterprises (MSMEs) access to loans, fiscal experts have posited that the growing inflation rate in Nigeria is ...

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Managing Lagos Ports

Managing Lagos Ports

As the Speaker of the House of Representatives, Femi Gbajabiamila, described the two Lagos Port Complexes of Apapa and Tin Can Island as “overwhelmed and attained breaking points”, last week, it brings to fore the growing need to dissipate the ...

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Aviation Agencies Should Deploy 10% Funds For Training – Ojikutu

Aviation Agencies Should Deploy 10% Funds For Training - Ojikutu

By Okuneye Moyosola Group Captain John Ojikutu (Rtd) is a former Commandant of the Murtala Muhammed Airport, Lagos. He also is the Secretary General of the Aviation Safety Round Table Initiative and Chief Executive Officer, Centurion Securities. In this interview with ...

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Memorable Moments At 3rd WILCEP Africa Mentorship Programme

Memorable Moments At 3rd WILCEP Africa Mentorship Programme

Business tycoons, Human Resource experts, Public Relations gurus, Banking experts graced the 3rd Women In Leadership and Career Empowerment Programme (WILCEP) inspired young Nigerian women to be the next big entrepreneur in the nation. Enjoy the photos!

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Transport Bigwigs Converge At 2nd MMS Leadership Lecture (3)

All categories of Nigerian transport veterans graced the MMS 2019 Transport Leadership lecture and awards, recently. Enjoy the photos!

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BULLS: Fabulous Folake

BULLS: Fabulous Folake

The Co- Director of Al-Hadiat, Folake Soji-George thrilled participants at the 3rd Women In Leadership and Career Empowerment Programme (WILCEP) Africa Mentorship when she donated ten WILCEP books as part of efforts to invest in the lives of her audience. ...

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