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Author Archives: mms plus

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NCAA To Monitor Investigation Of The Ethiopian Airline Crash

NCAA Cautions Pilots, Airlines Over Bad Weather Conditions

Following Sunday’s crash of an Ethiopian Airline flight, the Nigerian Civil Aviation Authority (NCAA) has said it was closely monitoring investigations into the safety of Boeing 737 MAX 8 aircraft. Mr Sam Adurogboye, General Manager, Public Relations, NCAA, said this ...

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‘Nigerian ports may lose 40% of cargoes this year’

Reforming Infrastructural Facilities At Nigerian Airports

Barring any urgent intervention to tackle numerous challenges bedeviling Nigerian seaports, the country may lose over 40% of its cargoes before the end of the year. Clearing Agents under the argues of Association of Nigerian Licensed Customs Agents (ANLCA), warned ...

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NEITI: Unearned Income from PSCs May Fund Mambilla Plant, Others

NEITI: Unearned Income from PSCs May Fund Mambilla Plant, Others

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said revenue Nigeria did not earn from its failure to review terms in the Production Sharing Contracts (PSCs) it signed with the oil companies in the country may have funded its construction ...

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Raising Power Transmission Capacity

Raising Power Transmission Capacity

Documents obtained from the Transmission Company of Nigeria showed that the government-owned power company has within the last two years raised its transmission capacity by about 2,352.5 megawatts. Chineme Okafor, writes the implications of this feat to Nigeria’s power sector ...

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Currency dealers pledge support for CBN’s stability agenda

Currency dealers pledge support for CBN’s stability agenda

Currency dealers in the country have pledged their support to the financial stability agenda of the Central Bank of Nigeria (CBN), a development that signals call for continuity, as the government received fresh mandate few days ago. Under the aegis ...

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NSE, Meristem partner on indices focused on value investment strategies

Chams, Dangote Flourmills lead in stock market’s N94 billion gain

The Nigerian Stock Exchange (NSE), and Meristem Securities Limited, have announced the launch of two new style indices namely NSE-Meristem Growth Index and NSE-Meristem Value Index. These indices, which is expected to be available real-time on the NSE’s website from ...

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Index sheds 0.9% amid persistent bearish sentiments

Index sheds 0.9% amid persistent bearish sentiments

Despite improved corporate performance, the bears strengthened their hold on the equity sector of the Nigerian Stock Exchange (NSE) yesterday, as the All-share index (ASI), plunged further by 0.9 per cent. Specifically at the close of transactions, ASI depreciated by ...

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Comprehensive Shipping Policy Can Reposition Maritime Sector – Experts

Comprehensive Shipping Policy Can Reposition Maritime Sector – Experts

By Kenneth Jukpor Maritime experts have called for a comprehensive shipping policy as a critical factor to transform the fortunes of the nations shipping sector, especially the Eastern ports. The shipping veterans who converged at a meeting organized by the ...

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BEARS: NIMASA, NLNG In ‘Distress Limbo’

IOCs Seek Better Incentives For Olokola, Brass Projects

Although local and international laws impose a duty on both states and vessels to facilitate assistance at sea to vessels in distress, the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Liquified National Gas (NLNG) reportedly failed to ...

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BULLS: Celebrating Feminism

BULLS: Celebrating Feminism

International Women’s Day was an eventful outing in Lagos on Friday last week, as women came out en masse to celebrate the dynamism, industry and numerous contributions in society by the female gender. It was a time to reflect on ...

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2018 earnings season buoys stocks’ trading as index rises by 0.3%

2018 earnings season buoys stocks’ trading as index rises by 0.3%

Expectations of bumper returns on investment, as listed companies churn out their 2018 financials, buoyed transactions  on the equity sector of the Nigeria Stock Exchange (NSE) last week, causing  investors’ wealth to increase marginally by 0.3 per cent. At the close ...

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FCMB Women empower widows to mark international day

FCMB Women empower widows to mark international day

First City Monument Bank (FCMB) Women have trained and empowered some underprivileged widows in the production of various household items. The skills acquisition, entrepreneurial and economic empowerment gesture forms part of the bank’s activities to commemorate this year’s International Women’s ...

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2019 International Women’s Day: Women, Victims of FG’s ‘Trader Moni’ Scheme, But Don’t Suspend -MMS WoFHoF

International Women’s Day: MMS Celebrates Maritime Amazons, NPA Prioritizes Nursing Mothers/ Child Welfare

* Introduces grant to empower 250,000 women * Campaigns for 40% gender inclusiveness for women MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative has condemned Federal Government’s suspension of ‘Trader Moni’ scheme which has seen traders, mostly women fleeced ...

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Eastern Ports: Exploring Solutions To An Unending Dilemma

Eastern Ports: Exploring Solutions To An Unending Dilemma

Lagos ports have become a burden to the city residents as well as the port users as a result of the perennial traffic gridlock. It is open-secret that utilization of the ports in other parts of the country, especially the ...

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Why Foreign Airlines Charge Colossal Sums From Nigerians

Why Foreign Airlines Charge Colossal Sums From Nigerians

By Okuneye Moyosola It has become the norm for foreign airlines operating in Nigeria to always charge exorbitant sums as air fares and Nigerian passengers travelling to other parts of the world have suffered this fiscal burden without relieve. While ...

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ANWBN Calls For Gender Balance In Governance

ANWBN Calls For Gender Balance In Governance

By Okuneye Moyosola The Association of Nigerian Women Business Network (ANWBN) has urged the federal government to ensure gender balance in government and politics in the country. The association made the call during a walk from Awolowo road, Ikeja to ...

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How To Start Dried And Smoked Catfish Business In Nigeria

How To Start Dried And Smoked Catfish Business In Nigeria

Smoked catfish business is an opportunity waiting to be tapped. How to start dried and smoked catfish business in Nigeria. Venturing into dried and smoked catfish business is indeed a big business with unimaginable potentials as those doing it are ...

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Water Transport Has Immense Potentials In Lagos State – Omojoye

Water Transport Has Immense Potentials In Lagos State - Omojoye

By Kenneth Jukpor Mr. Felix Omojoye is the Operations Manager for SIFAX Group Ferry Terminal at Ojo. In this interview with MMS Plus newspaper he shares his perspective on the challenges as well as opportunities  for waterways transportation in Lagos ...

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Shippers’ Council, Borderless Alliance To Host Workshop On ETLS Handbook

Shippers’ Council Seals PS Maritime, Reopens Cosco Shipping

By Kenneth Jukpor Nigerian Shippers’ Council (NSC) in collaboration with the Borderless Alliance would organize a one-day workshop on the dissemination of the Economic Community of West African States (ECOWAS) Trade Liberalization Scheme ‘ETLS’ handbook on March 14th, 2019.   ...

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CBN, EFCC Meet To Strengthen Fight Against Economic Crimes

Apex bank to unveil frameworks on clean, fit bank notes

Officials of the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have met to strengthen the country’s fight against economic crimes including violation of the foreign exchange restrictions on the 42 items.  The meeting, which ...

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