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Author Archives: mms plus

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TUC challenges CBN over claims to reduce forex to companies

TUC challenges CBN over claims to reduce forex to companies

The Trade Union Congress of Nigeria (TUC), has challenged the Central Bank of Nigeria (CBN), to make public the list of companies applying for foreign exchange (forex), as it plans a reduction to companies soon. The union, which expressed dissatisfaction ...

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Investments in Fintechs in Nigeria, SSA hit $357 million

Investments in Fintechs in Nigeria, SSA hit $357 million

• 396m registered mobile money accounts now in region Over the last 12 to 18 months, Sub-Saharan Africa (SSA) has emerged one of the fastest growing financial technology (Fintech) hubs in the world in terms of investments, albeit from a ...

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African airlines account for 92 million out of 4.4 billion yearly global traffic

New landing equipment for airports to gulp N7.58bn

African airlines have continued on the path of slow growth accounting for only 92 million out of the 4.4 billion air passenger traffic recorded globally in 2018. The 92 million or 2.1 per cent of the global market is the ...

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Gulf of Guinea Piracy: A Reality Or Farce?

Gulf of Guinea Piracy: A Reality Or Farce?

It has become a strange, yet an acceptable tale that reports on piracy attacks in the Gulf of Guinea (GoG) vary depending on whose side from the prism one takes a peep from. Despite commendations from renowned global maritime bodies ...

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NNPC faults presidential panel, restates commitment to transparency, due process

NNPC faults presidential panel, restates commitment to transparency, due process

The Nigerian National Petroleum Corporation (NNPC) yesterday restated its commitment to transparency and due process, especially with regard to an alleged breach of Treasury Single Account (TSA) policy. Special Presidential Investigative Panel for the Recovery of Public Property had alleged ...

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World’s largest atmospheric tower built for Dangote refinery leaves China for Nigeria

World’s largest atmospheric tower built for Dangote refinery leaves China for Nigeria

China’s leading energy and chemical company, Sinopec, on Monday, said that it had built the world’s largest atmospheric tower for Nigeria’s Dangote Refinery. On its verified Twitter handle, the company shared photos of the tower and revealed that it (tower) ...

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BEARS: Mike Igbokwe’s Goof

BEARS: Mike Igbokwe's Goof

The firebrand lawyer, Barr. Mike Igbokwe goofed with his comments on the paper delivered by the Women’s International Shipping and Trading Association  (WISTA) Ghana President, Mrs. Jemilat Maharaj. He stated that women must debunk their inferiority complex to make more ...

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Yandecious Yewande

Yandecious Yewande

Yewande Zaccheaus was recently appointed on the Board of Fortress Microfinance Bank and Corporate Leisure Limited and Zacchi & Chrome Limited. She began her career as a legal officer in the Nigerian-American Merchant Bank and after a brief stint in ...

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Rail Track Vandalism: Managing Moral Decadence

Rail Track Vandalism: Managing Moral Decadence

A government for the people must depend for its success on the intelligence, the morality, the justice, and the interest of the people themselves – Grover Cleveland As the Nigerian Railway Corporation (NRC) decries the high rate of theft and ...

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How To Improve Security At Nigerian Airports

How To Improve Security At Nigerian Airports

By Okuneye Moyosola Thousands of people pass through airports every day. Some are travelers, aviation workers, business people and several other categories of people. This population makes an airport a potential target for various forms of crime. In Nigeria, like ...

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How UK Influences Nigeria’s War Risk Crisis

How UK Influences Nigeria’s War Risk Crisis

·  $90billion ‘war risk insurance’ fleeced  from Nigeria yearly ·  Nigerian ship-owners initiate plans to form P&I Club By Kenneth Jukpor There are indications that the British Authorities are linked to the unending extra war risk charges paid by shippers in Nigeria ...

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Environmental Hazards: NOSDRA To Sensitize Tank Farm Operators – Musa

Environmental Hazards: NOSDRA To Sensitize Tank Farm Operators – Musa

Lagos, Ogun Govts Must Provide Alternative Tank Farm Sites – NOSDRA By Kenneth Jukpor Mr. Idris Musa is the Director General, National Oil Spill Detection and Response Agency (NOSDRA). MMS Plus caught up with the NOSDRA helmsman at the 2019 ...

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2019 Half Year Rating: How Customs, NRC, NITT, Others Fared

2019 Half Year Rating: How Customs, NRC, NITT, Others Fared

By Kenneth Jukpor & Okuneye Moyosola MMS Plus brings you an assessment of the major parastatals in the transport sector for the first half of the year 2019. The first six months was centered on pre-election, elections and post-election drama, ...

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BULLS: MMS Celebrants

  Money Management Series (MMS) Plus felicitates with the Acting Editor, Mr. Kenneth Jukpor and the dynamic Graphic designer, Mr. Francis Iyonmana who celebrated their birthday last week. These characters are the company’s Team ‘July 22’ who have made notable  contributions ...

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NNPC Seeks Chevron’s Support To Construct Condensate Refinery

NNPC Seeks Chevron’s Support To Construct Condensate Refinery

As part of efforts to grow local refining capacity, the Nigerian National Petroleum Corporation (NNPC) has called for collaboration with Chevron Nigeria Limited to establish a condensate splinter refinery. The appeal was made on Thursday by the Group Managing Director ...

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Govt Won’t Renew Expired Oil Block Licences – Kyari

Petroleum Minister Laments Ambiguity In Nigeria’s Oil & Gas Laws

  There is no immediate plan by the Federal Government to renew the expired oil block licences, particularly those belonging to international oil companies operating in the country, the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele ...

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NNPC To Guarantee Energy Security For Nigeria Through DSDP Arrangement

NNPC signs agreement with NAOC on four OMLs

The Nigerian National Petroleum Corporation is set to leverage on the existing Direct-Sales-Direct-Purchase product supply arrangement to guarantee energy security for the nation. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari, made this commitment, ...

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FIRS Generates N5.23tn In Four Years, Donates 20,000 Books

FG pays N157.3bn tax arrears to states

  The Federal Inland Revenue Service said it generated N5.23tn for the Federal Government in four years, aside from the income from crude oil. The Chairman of the FIRS, Mr Babatunde Fowler, stated this during his visit to the Chief ...

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Agricultural Council Unveils Technology To Reduce Sale Of Fake Seeds

Agricultural Council Unveils Technology To Reduce Sale Of Fake Seeds

The National Agricultural Seeds Council has unveiled a new technology known as Seedcodex Observatory that will be used to authenticate and reduce the sale of fake seeds to farmers. According to the council, the initiative would support the NASC in ...

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Human Capital, Key Asset In Harnessing Marine Resources – Oyo-Ita

Human Capital, Key Asset In Harnessing Marine Resources – Oyo-Ita

The Head of the Civil Service of the Federation, Mrs. Winifred Oyo-Ita, has identified human capacity as an area where Nigeria has a huge comparative advantage in the global maritime community, stating that this unique human asset was significant in ...

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