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Railway Will Become Nigeria’s Transportation Hub- Mahmood

Railway Will Become Nigeria’s Transportation Hub- Mahmood

By Oyeniyi Iwakun Mr. Yakub Mahmood is the Director, Public Relations of the Nigeria Railway Corporation (NRC). In this exclusive chat with MMS Plus, he appraised the activities of NRC in 2017, analyzed the extent of work done on the ...

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BULLS: Congrats Akerele

BULLS: Congrats Akerele

MMS Plus management felicitates with Mrs. Ifeyinwa Akerele on your appointment as Project Adviser of the MMS Woman of Fortune Hall of Fame. Your appointment teaches everyone to be good at all times and ensure that the best is given ...

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How To Start Kola Nut Export Business

How To Start Kola Nut Export Business

Kolanut production and its cultivation processes Kolanut in Nigeria, West Africa is an important economic crop in the South-Eastern part of the country as it is used in various traditions, it is being eaten more by the northerners but widely ...

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NIMASA Hosts Strategic Admiralty Law Seminar For Judges

Faces of judicial big wigs at the 2018 admiralty law seminar for  judges hosted by NIMASA in pursuit of the transformation of the Nigeria maritime industry.   Copyright MMS Plus.                 All rights reserved. This material, and other digital content ...

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BEARS: Corrupt Oga James

Bears: Aviation Security Poser!

A freight forwarder known as ‘Oga James’ approached the National President of National Association of Government Approved Freight Forwarders  (NAGAFF) Chief Increase Uche to plead with him in order to get an opportunity to vote in the upcoming NAGAFF elections ...

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Seme Customs Nets N546m Revenue In January

Seme Customs Nets N546m Revenue In January

The Nigeria Customs Service, Seme Command, said it generated N546.8 million as revenue for January. The command’s Public Relations Officer (PRO), Mr Selchang Taupyen, quoted the Comptroller of the command, Mr Mohammed Aliyu, as saying in a statement. He also ...

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MMS WoFHoF Appoints Akerele As Project Adviser

MMS WoFHoF Appoints Akerele As Project Adviser

The pioneer Director General of the Nigerian Chamber of Shipping (NCS), Mrs Ifeyinwa Akerele has been appointed as MMS Woman of Fortune Hall of Fame(WoFHoF) Initiative Project Adviser  by the Management and Board of Trustees of the Not- for- Profit organization, ...

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NPA Set-up Committee To Investigate Tin Can Fire Outbreak

NPA Set-up Committee To Investigate Tin Can Fire Outbreak

…Tenants Allege Connivance, No Electricity for 5 years By Kenneth Jukpor Nigerian Ports Authority has constituted a committee to investigate the recent fire outbreak which swept the Containerized Complex at Tin Can, in January. Members of the committee include representatives ...

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Forensic Audit Shows Massive Under-Remittances By Revenue Agencies

Forensic Audit Shows Massive Under-Remittances By Revenue Agencies

The National Economic Council, NEC, said on Thursday,  the final report on the forensic audit of revenue accruals by revenue generating agencies confirmed massive under-remittances to government coffers. The Deputy Governor of Lagos State, Idiat Adebule, who presented the report ...

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Nigeria Floats $2.5 Billion Dual Eurobonds

Nigeria Floats $2.5 Billion Dual Eurobonds

The Federal Government has floated 2.5 billion dollars aggregate Eurobonds under its Global Medium Term Note Programme. A statement obtained from the website of Debt Management Office (DMO) on Friday in Abuja, said that the bonds comprised 1.25 billion dollars ...

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By 2022, US May Cut Back Crude Oil Import From Nigeria

By 2022, US May Cut Back Crude Oil Import From Nigeria

The United States  may drastically reduce its import of crude oil from Nigeria by 2022, according to the US Energy Information Administration, EIA, in its report. The body said the country was projected to become a net energy exporter in ...

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NUPENG Suspends 15-Day Industrial Action Ultimatum

NUPENG Suspends 15-Day Industrial Action Ultimatum

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) yesterday suspended the 15-day ultimatum issued to the Federal Government over unresolved labour issues. The President of the union, Igwe Achese, said the suspension was as a result of the ...

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Crude Oil May No Longer Hit $100 – Ibe Kachikwu

Crude Oil May No Longer Hit $100 – Ibe Kachikwu

The latest report as Nigeria’s Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, on Tuesday said crude oil may no longer hit $100 per barrel in the international market, except there is a huge calamity in the producing regions. ...

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NLNG Seeks More Gas Projects In Nigeria

NLNG Seeks More Gas Projects In Nigeria

The Managing Director of Nigeria LNG Limited (NLNG), Tony Attah, has emphasised the need for Nigeria to unleash its gas potentials, and support the commencement of Train 7 project gas project. Speaking at the 2nd West Africa International Petroleum Exhibition ...

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FG Hands over Apapa Road Design to Dangote, Raises Trailer Park Cost to N9.55bn

FG Hands over Apapa Road Design to Dangote, Raises Trailer Park Cost to N9.55bn

Says $25bn focused lab investment begins March 5 The Federal Executive Council (FEC) wednesday said it had completed the design for the reconstruction of a major part of Apapa-Oworonshoki expressway in Lagos meant to be concessioned to Dangote Group and ...

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DPR: Marketers Diverted 162 Trucks, Nine Million Litres of Petrol in Three Months

DPR: Marketers Diverted 162 Trucks, Nine Million Litres of Petrol in Three Months

Realises N12m from fines levied on erring marketers Between December 2017 and February 2018, about 162 trucks containing eight million litres of petrol supplied by the Nigerian National Petroleum Corporation (NNPC) as intervention products were diverted away from their original ...

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Inflation Declines for 12th Consecutive Month to 15.13%

Inflation Declines for 12th Consecutive Month to 15.13%

For the twelfth consecutive month, inflation rate has continued a downward trajectory, recording a slowdown from 15.37 per cent in December 2017 to 15.13 per cent in January 2018, a 0.24 percentage points decrease. According to latest figures released by ...

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AIB Impounds Delta Aircraft as 5 Injured in Emergency Landing in MMA

AIB Impounds Delta Aircraft as 5 Injured in Emergency Landing in MMA

The Accident Investigation Bureau (AIB) has grounded the US-bound Delta Airline aircraft that made an emergency landing at the Murtala Muhammed International Airport (MMA), Ikeja, Lagos on Tuesday night. The Commissioner of AIB, Mr. Akin Olateru, said the Bureau took ...

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Foreign Reserves Rally to $42.8bn

Foreign Reserves Rally to $42.8bn

As CBN, rice farmers move to add 2mt to national output Banks disburse N55bn under Anchor Borrowers’ Programme Nigeria’s external reserves rallied to a new high of $42.8 billion on Tuesday with confidence returning to the economy as the continuing ...

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CBN Sustains Forex Injection with $210m

CBN Sustains Forex Injection with $210m

Confusion over abokifx.com false parallel market rate The interbank foreign exchange market has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet customers’ requests in various segments of the market. In its determination to meet ...

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