Home / Author Archives: mms plus

Author Archives: mms plus

Copyright MMS Plus. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from Kings Communications Limited.

Ijegun ports city to expand maritime capacity

Ijegun ports city to expand maritime capacity

Plans are at advanced stage by the private sector to expand the maritime capacity in Lagos to the Ijegun waterfront to ease the lingering congestion being experienced at Apapa and TinCan Island ports. The new location, about 14 hectares (140,000sq ...

Read More »

My family sacrificed to bring me where I am now, says Saka

My family sacrificed to bring me where I am now, says Saka

Arsenal’s Hale End Academy product Bukayo Saka has revealed for the first time that his older sibling, Yomi Saka was an aspiring footballer at Premier League side Watford before opting to go to university instead of pursuing a professional career, ...

Read More »

Saka best young player in EPL – Lacazette

Saka best young player in EPL – Lacazette

Ahead of their Europa League round of 32-second leg clash against Olympiacos on Thursday (today), Arsenal striker, Alexander Lacazette, has declared wing-back, Bukayo Saka, as the team’s best young player this season. Saka has been an integral part of Mikel Arteta’s ...

Read More »

Dangote Cement reports N201bn profit after tax

Dangote Cement reports N201bn profit after tax

Dangote Cement Plc has posted a profit after tax of N200.521bn for the financial year ended December 31, 2019 as against a profit of N390.325bn posted in 2018, representing a drop of 48.63 per cent. Profit before tax stood at ...

Read More »

Reps lament charges on accounts, probe banks

Reps lament charges on accounts, probe banks

The House of Representatives has resolved to investigate the illegal and excessive charges imposed on account holders by Deposit Money Banks. The House, at the plenary on Wednesday, decried the deductions by commercial banks from its accounts. It therefore resolved ...

Read More »

FG disburses N20bn under national microfinance scheme

FG disburses N20bn under national microfinance scheme

The Central Bank of Nigeria has disbursed N20bn to 7,000 beneficiaries through the National Microfinance Bank across the country. A statement from the Senior Special Assistant to the President on Media & Publicity, Office of the Vice -President, Laolu Akande, ...

Read More »

El-Rufai to present memo to northern govs on Almajiri

El-Rufai to present memo to northern govs on Almajiri

The Commissioner for Human Services and Social Development in Kaduna State, Hajiya Hafsat Baba, on Wednesday said  Governor Nasir El-Rufai would  present  a memo on Almajiri  to his northern counterparts. Baba said the memo to the 19 northern state governors contained ...

Read More »

Terrorists attack Chibok again, abduct civilian JTF leader, others

Terrorists attack Chibok again, abduct civilian JTF leader, others

The  Islamic State of West Africa Province on Wednesday attacked Bambula community in the Chibok Local Government Area of Borno State. During the early morning raid, the insurgents reportedly abducted the head of the Civilian Joint Task Force in the ...

Read More »

Forget Igbo Presidency in 2023, MASSOB tells South-East

Forget Igbo Presidency in 2023, MASSOB tells South-East

The Movement for the Actualisation of the Sovereign State of Biafra has told  the South-East  people not to contest the  2023 presidential poll. MASSOB said it would be difficult for any Igboman or woman to win the election. Speaking on ...

Read More »

Cowry Weekly Financial Market Review Outlook Friday, February 14, 2020

CWR, Cowry Weekly Financial Market Review Outlook Friday, February 14, 2020

Read More »

N128bn lost to gas flaring in 11 months — NNPC

N128bn lost to gas flaring in 11 months — NNPC

Oil and gas firms operating in the country flared a total of 225.81 billion standard cubic feet of natural gas from January to November 2019. This amounted to an estimated loss of N127.53bn. Data obtained by our correspondent from the ...

Read More »

NLC set to oppose increase in electricity tariff

NLC set to oppose increase in electricity tariff

The President of the Nigeria Labour Congress, Ayuba Wabba, has disclosed that the union would oppose the proposed increase in electricity tariff during its upcoming meeting with the Nigerian Electricity Regulatory Commission in Kano. Wabba made this known to journalists ...

Read More »

Nigeria records five years of zero air accident

Nigeria records five years of zero air accident

Nigeria has recorded its fifth consecutive year of zero fatal air accident in the commercial category, the Nigerian Civil Aviation Authority has said. The Director-General, NCAA, Capt. Nuhu Musa, told journalists that the feat had been achieved through the collective ...

Read More »

How Buhari regime depleted ECA by N1.5tn

How Buhari regime depleted ECA by N1.5tn

Between 2015 and 2019, the Federal Government withdrew N1.5tn (about $4.92bn) from the Excess Crude Account, statistics obtained from the Ministry of Finance have revealed. The ECA, which was created by former President Olusegun Obasanjo in 2004 for the purpose ...

Read More »

CBN warns banks against misleading customers on domiciliary account

CBN warns banks against misleading customers on domiciliary account

The Central Bank of Nigeria has cautioned Deposit Money Banks against misleading their customers on transactions carried out through domiciliary accounts in the country. The apex bank gave the warning in a letter dated February 24, 2020 and posted on ...

Read More »

Apapa gridlock: Agents reject movement of containers in barges

Apapa gridlock: Agents reject movement of containers in barges

Freight forwarders in the country have said movement of containers to bonded terminals, also used as container holding bays, by shipping companies in Nigeria is not practicable. The system was proposed to aid decongestion of Apapa by encouraging agents to ...

Read More »

NERC puts limits on Discos’ estimated billing

NERC puts limits on Discos’ estimated billing

The Nigerian Electricity Regulatory Commission has placed limits on estimated bills that can be issued by electricity distribution companies to unmetered customers. It said it had cancelled the Estimated Billing Methodology Regulation as a basis for computing the consumption of ...

Read More »

Oil marketer jailed 10 years over N30m fraud

Oil marketer jailed 10 years over N30m fraud

A Lagos State High Court in Igbosere on Monday convicted an oil marketer, Jideofor Akpa, and his company, International Maritime and Shipping Limited, over a fraud of N30m. Justice Kudirat Jose, in a judgment on Monday, sentenced Akpa to a ...

Read More »

Two Customs men die in Akwa Ibom crash chasing smugglers

Two Customs men die in Akwa Ibom crash chasing smugglers

Two men of the Nigeria Customs Service attached to the Oron Local Government Area of Akwa Ibom State, reportedly died in an auto crash on Sunday while pursuing a bus suspected to be carrying smuggled rice. Two other customs officers ...

Read More »

Army, family jostle for $376,120 linked to General

Army, family jostle for $376,120 linked to General

The Nigerian Army and the family of Major General Hakeem Otiki on Monday appeared before the Federal High Court in Abuja claiming the sum of $376,120 seized by the Economic and Financial Crimes Commission last year. The money was said ...

Read More »
× Get News Alert