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Nigeria, South Africa, others seek debt relief from World Bank

Health, education, Niger-Delta to suffer N321bn budget cut

The ministers of finance from African countries have called for debt relief from bilateral, multilateral and commercial partners to cushion the negative impact of the coronavirus pandemic on the economies of countries within the region. They said the debt relief ...

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FG reviews lockdown as COVID-19 cases rise by 35

FG reviews lockdown as COVID-19 cases rise by 35

• Food markets to open 10am to 2pm every other day • Nine cases surface in Osun, seven in FCT, hit 174 the Federal Government has relaxed total lockdown it imposed on the Federal Capital Territory, Lagos and Ogun states ...

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175,911 PoS transactions fail as lockdown begins

175,911 PoS transactions fail as lockdown begins

Point of Sale transactions recorded 175,911 failure rate or 15.55 per cent of total transactions on Tuesday, as the movement restriction directive of the Federal Government commenced. According to the live PoS report of the Nigeria Inter-Bank Settlement Plc on ...

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Tanker drivers, others to get 1,000 sanitisers per week –NUPENG

Tanker drivers, others to get 1,000 sanitisers per week –NUPENG

The Nigeria Union of Petroleum and Natural Gas Workers has unveiled  plans to deliver a weekly supply of 1,000 bottles of sanitisers as well as other safety and protective kits to the 120 depots and 300 stopovers for tanker drivers ...

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NERC suspends electricity tariff increase

NERC suspends electricity tariff increase

The Nigerian Electricity Regulatory Commission has suspended the proposed increase in electricity tariffs initially slated for Wednesday (today). NERC had on January 4, in its December 2019 Minor Review of Multi Year Tariff Order 2015 and Minimum Remittance Order for ...

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Juve may sell Ronaldo

Juve may sell Ronaldo

Juventus are reportedly considering selling star man Cristiano Ronaldo in order to raise cash for life after coronavirus. As one of the world’s most affected countries, Italy and the Serie A have been hit hard by the Covid-19 pandemic. There has ...

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Truck crushes six in Lagos

Truck crushes six in Lagos

Six persons lost their lives on Tuesday when a truck fell on a taxi along the Epe Expressway in Lagos State. The taxi with number plate SMK – 312ES was said to be conveying seven persons to a destination in ...

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FG reduces petrol price to N123.5 per litre

New Pump Price: Marketers Seek Loans, DPR Set To Enforce Compliance

The Federal Government on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. Current petrol price indicates a reduction of N1.5 on every litre of petrol purchased nationwide. It announced the reduction through the Petroleum Products Pricing Regulatory ...

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Shipping Lines Introduce N19,000 Export Fee, Shippers Endorse Container Insurance

Shipping Lines Introduce N19,000 Export Fee, Shippers Endorse Container Insurance

· Container deposit in Nigeria is a fraud – NAGAFF · Freight agents anticipate war from shipping companies By Kenneth Jukpor Following Central Bank of Nigeria’s (CBN) move to automate export documentation process, shipping lines in the country have introduced N19,000 charge ...

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Covid-19: Could ‘Nigeria Air’ Have Mattered Now?

Covid-19: Could ‘Nigeria Air’ Have Mattered Now?

Despite the numerous unanswered questions that characterized the project ‘Nigeria Air’, the outbreak of Coronavirus has highlighted national air travel gains lost as the project remains suspended. It is true that there were puzzling questions than answers on Federal Government’s ...

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How Women Can Align Themselves For Leadership Positions – Ezeoke

How Women Can Align Themselves For Leadership Positions - Ezeoke

By Kenneth Jukpor & Olaitan Ayoola Mrs. Eunice Ezeoke is the new President of Women’s International Shipping and Trading Association (WISTA) Nigeria. In this interview with MMS Plus newspaper, she unveils the association’s goals under her leadership. Eunice also proffers ...

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Iyobostic Iyobosa

Iyobostic Iyobosa

Iyobosa Sorae is the Group Head, Trading and Fixed Income, Coronation Merchant Bank. She is a Fixed Income expert with experience in Fixed Income Trading, Portfolio Management, and Operational Management. As the Group Head of Securities Dealing at Coronation Merchant ...

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Cargo Defence Fund: An Intervention Masked In Obscurity

Cargo Defence Fund: An Intervention Masked In Obscurity

By Kenneth Jukpor Cargo Defence Fund (CDF) also known as The Fund, is an initiative of Nigerian Shippers’ Council (NSC). It is a mutual scheme to provide cover for particular risks as agreed upon by members, focus is on Nigerian ...

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How To Navigate Underwater Using Sounds

How To Navigate Underwater Using Sounds

Shippers Guide is the learning page of MMS Plus. Here we answer the five W’s and H of several issues in the shipping industry. This week’s edition focuses on the uses of sound in communication, navigation and transmission of data ...

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Air Travel Agencies Seek Interest Free Loans, Lament N180bn Loss

Air Travel Agencies Seek Interest Free Loans, Lament N180bn Loss

By Ayoola Olaitan Following the economic woes occasioned by the pandemic ‘Coronavirus’, air travel agents in the country have lost over N180 billion even as they called on the Federal Government to make plans to provide interest free loans to ...

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Covid-19: Dana Air Avail FG Aircrafts To Distribute Relief Materials

Covid-19: Dana Air Avail FG Aircrafts To Distribute Relief Materials

DANA Air has announced that as part of its own contribution to aid Federal Government’s efforts towards curbing the further spread of Covid-19 in Nigeria, has offered its resources, aircraft and crew to assist the nation in the battle against ...

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NIWA To Establish Boat Operators Training School In Lagos

NIWA To Establish Boat Operators Training School In Lagos

By Kenneth Jukpor As part of efforts to curb the level of recklessness of boat operators in Lagos, National Inland Waterways Authority (NIWA) is set to establish a training school in Lagos. The training school would be a platform to ...

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COVID-19: Transporters Seek FG’s Support On Test Kits

COVID-19: Transporters Seek FG’s Support On Test Kits

The Road Transport Employers Association of Nigeria has urged the Federal Government to come to the aid of the union by deploying test kits such as infrared thermometers to motor parks in order to control the spread of the coronavirus ...

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Covid-19: MMS WoFHoF Postpones Event, Urges Public To Stay Safe

Covid-19: MMS WoFHoF Postpones Event, Urges Public To Stay Safe

MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative has postponed its Hall of Famers’ Day celebration as a result of the outbreak of the coronavirus pandemic, even as the Initiative urged the public to adhere to stipulated health safety ...

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Workers may lose $3.4 trillion income to COVID-19, says ILO

Workers may lose $3.4 trillion income to COVID-19, says ILO

…Pandemic exposes fragility of global economy The International Labour Organisation (ILO) has disclosed that about 25 million people would become unemployed, while over $3.4 trillion income would be lost to the novel coronavirus globally. The ILO stated that the ravaging ...

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