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Author Archives: mms plus

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2015 Polls: How Secure Is The Port?

2015 Polls: How Secure Is The Port?

As the general elections draws nigh and followed two by the gubernatorial elections two weeks later, how safe can one say the Nigerian port is considering the fact that most materials that come into the country do so through the ...

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BULLS: Begging For PAS

BULLS: Hadiza It!

Bull commends the executive members of the association of Nigerian Licensed Customs Agents (ANLCA) for the initiative of having a cossy conference hall where they host visitors and organize events. Bull says the chilling Taiwo Afolabi hall is good enough ...

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MANAGING DIRECTOR OF SAHCOL BAGS AFRICAN GLOBAL AVIATION ENTERPRISE ACHIEVER’S  AWARD

MANAGING DIRECTOR OF SAHCOL BAGS AFRICAN GLOBAL AVIATION ENTERPRISE ACHIEVER’S  AWARD

The Managing Director/Chief Executive Officer of SAHCOL, Oluropo  Owolabi has been honoured as a Fellow of the African Institute Of Enterprise Development and Management (AIEDM) and certified as a Certified Professional Enterprise Managerand was also presented with a certificate of ...

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Charming Chijioke

Charming Chijioke

Ms. Chijioke Ugochukwu serves as an Executive Director of Shared Services of Fidelity Bank Plc since April 1, 2012 and serves as its Company Secretary. She also serves as a General Manager of Legal Services and its Legal Adviser. She has ...

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Afren gets $300Million  Lifeline

Afren gets $300Million  Lifeline

Battered and bruised Afren Plc is in fighting form after announcing an agreement in principle for a $300 million funding to address its short and longer-term funding needs and recapitalise its capital structure. London Stock Exchange listed Afren, which has ...

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What NIMASA Needs To Disburse CVFF

What NIMASA Needs To Disburse CVFF

Mr. Tunji Brown is the General Secretary of the Nigeria Indigenous Shipowners Association (NISA), in this chat; he speaks about the factors that led to failure of the disbursement of Cabotage Vessel Financing Fund (CVFF), why NIMAREX 2015 will be ...

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Low Import Dips Zone ‘A’ Revenue By 33%

HOW CUSTOMS COMPT. OFFERED BUHARI N20M FOR CGC

The Nigeria Customs Service (NCS), Zone ‘A’ has generated a total of N53, 822, 078, 837. 93 for the month of February 2015, representing 67.1 percent of its monthly target of N80, 162, 473, 870. 50, according to a report ...

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It’s illegal to transact business in dollars in Nigeria – Emefiele

It’s illegal to transact business in dollars in Nigeria – Emefiele

As the Central Bank of Nigeria (CBN) struggles to meet demand for dollars in the foreign exchange market, its governor, Mr. Godwin Emefiele, has taken the well-worn path of his predecessors by declaring that the currency for transacting business in ...

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Concessionaires Pay Staff Salaries With Demurrage Fees- AREFFN Boss

Concessionaires Pay Staff Salaries With Demurrage Fees- AREFFN Boss

The National President of the Association of Registered Freight Forwarders of Nigeria (AREFFN) Mr. Frank Ukor has said that many concessionaires now depend on the money accrued from demurrages to pay staff salaries. According to him “Once they (concessionaires) position ...

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Customs Decorates Promoted Senior Officers

Guidelines To Import Goods Into Nigeria

The Zonal headquarters of the Nigeria Customs Service (NCS) played host to the promoted senior officers of the Zone ‘A’ command on the occasion of the decoration of the officers this week. From the 2,065 officers promoted about 1,700 officers ...

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BEARS: Feeling Employed

BEARS: False Declaration

It is a shame to see how our youths fly flags for these so called political aspirants under hot grueling afternoon sun for a paltry sum of N2,000. Na wah o, money is a wonderful motivator, I guess that is their ...

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2015 budget: Nigeria to borrow $2bn from AfDB and W/Bank

As revenue tightens on account of soft oil prices, Nigeria has now advanced negotiations with both the World Bank and African Development Bank (AfDB) to borrow about $2 billion to enable it implement its N4. 4 trillion 2015 budget. The ...

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Oando Repays $234 Million Loan Facility

Indigenous producer, Oando Energy Resources (OER) has made an early repayment of some of its loan facilities in spite of the crash in oil prices, silencing critics of its mammoth acquisition of the ConocoPhillips Nigerian oil and gas business last ...

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Local Content Challenges: NCDMB meets with indigenous E&P Companies

Local Content Challenges: NCDMB meets with indigenous E&P Companies

The Executive Secretary of the Nigerian Content Development and Monitoring Board, (NCDMB) Dr Ernest Nwapa, said that the signing of the Local Content Act into law has liberated the potentials in Nigerian entrepreneurs. Nwapa when he met with Chief Executive ...

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 How Transport Minister Frustrated 48 hour Cargo Delivery-ANLCA president

 How Transport Minister Frustrated 48 hour Cargo Delivery-ANLCA president

Prince Olayiwola Shittu is the National President of the Association of Nigerian Licensed Customs Agents (ANLCA). In this chat he takes looks clearing process at the ports and role of Customs agents in the global village. What were the things you ...

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Eight Years  Of Port Concessioning: How Fair?

Eight Years  Of Port Concessioning: How Fair?

About eight years ago, the Federal Government of Nigeria concenssioned the ports in Nigeria to private operators. The concession agreement was greeted with high hopes and expectations from stakeholders and Nigerians alike believing that the many problems besieging the ports ...

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Police Seeks Stakeholders’ Cooperation For Port Security

Police Seeks Stakeholders’ Cooperation For Port Security

In a frantic effort to curtail importation of arms and ammunition into the country especially at the electioneering campaign period, the maritime police have sought synergy with stakeholders in the maritime industry for the successful achievement of the feat. The ...

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The Etiquettes Of Shipping

The Etiquettes Of Shipping

Engr. Adebayo St. Peters is a member of the Nigeria Shipowners Association (NISA); in this week’s edition of Shippers’ Guide, he educates you on what shipping actually means and what it takes to dabble into shipping business. He does not ...

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Why We Oppose Port Concessioning – Benson

Why We Oppose Port Concessioning - Benson

Comrade Benson Adegbeyeni is the President of the Senior Staff Association of Communications, Transport and Corporations (SSACTAC), Maritime Branch in this interview with Segun Oladipupo states how the staff of the Nigerian Ports Authority (NPA) will be led by the ...

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CBN sells 1 year treasury bills @ 15.35%

Cash Shortage Hits Banks As TSA Deadline Expires

Nigeria’s treasury bill yields fell across the board at an auction on last week, compared with a previous sale on March 4, the central bank said. The CBN said it sold a total of around 167 billion naira ($840 million) of ...

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