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Author Archives: mms plus

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China-US Trade Relations: How Nigeria Can Replicate Chinese Success With AfCTA

ChIna-US Trade Relations: How Nigeria Can Replicate Chinese Success With AfCTA

· Nigeria Must Amend AfCTA To Meet Local Interest – MAN · Why Eastern ports have become obsolete – NPA  By Kenneth Jukpor Despite the well-publicized fears by the Manufacturers Association of Nigeria (MAN) that Nigeria could become the dumping ground for ...

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Nifty Nike

Nifty Nike

Mrs. Nike Aboderin is a Fellow of the Chartered Institute of Bankers of Nigerian (FCIB) with wide experience in the financial services industry covering; Private/Personal Banking, Corporate & Investment Banking, Treasury Services and Corporate Finance. She commenced her banking career ...

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Aviation Sector Gains And Losses Under Sirika

Aviation Sector Gains And Losses Under Sirika

By Okuneye Moyosola It’s been almost 4 years since Senator Hadi Sirika assumed office as the Minister of State for Aviation. What achievements has he made so far? What promises did he not fulfill during his tenure? MMS Plus takes ...

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GRIDLOCK: The Changing Lifestyles Of Apapa Night Crawlers

GRIDLOCK: The Changing Lifestyles Of Apapa Night Crawlers

Apapa seaport and wharf environment, normally wears a different outlook in the nights. The sharp difference between the nightlife and daylight is of great significance. In the day, the ever busy port activities cum commercial operations notable of every entreport ...

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BULLS: Moi Moi Joy

BULLS: Hbd! Madam Julie

Despite the tough times in Nigeria where unity, love and altruism is difficult to find in various public and private organizations, the Chief Executive Officer of Belujane Konzult, Mr. Chris Aligbe has been able to instill unity and togetherness among ...

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Harnessing Kola Nut Business For Export

Harnessing Kola Nut Business For Export

Kola nut 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 grown in the South West ...

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Managing Nigeria’s Scarce Resources

Managing Nigeria’s Scarce Resources

Nigeria is a country blessed with abundance of resources. In terms of natural resources, few nations in the world are as endowed as Nigeria yet the country remains grossly underdeveloped.  Although there are various factors responsible for some of the economic ...

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Prices Of Kerosene, Diesel Rise To Two Year High In April Over Higher Oil Prices

Prices Of Kerosene, Diesel Rise To Two Year High In April Over Higher Oil Prices

The average prices paid by consumers for household kerosene and diesel in Nigeria rose to their highest levels in more than two years in April 2019, latest data from the National Bureau of Statistics (NBS) have shown. After buying cheaper ...

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Shell Lifts Force Majeure On Bonny Light Exports

Oil Theft: Shell Nigeria Deploys HD Aerial Cameras

Royal Dutch Shell has lifted the force majeure in place on exports of a major Nigerian grade, Bonny Light, as tight global oil supply encourages sellers of Nigerian crude to offer many varieties at all-time high prices. The Nembe Creek ...

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AIB Signs ETCP With France To Boost Capacity

Accident Investigation Bureau (AIB) Nigeria has signed an Executive Technical Cooperation Programme geared towards fostering mutual cooperation with the Bureau d’Enquêtes et d’Analyses pour la Sécurité de l’Aviation Civile (BEA) France, in Paris, France. The Programme aims at fostering mutual ...

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AIMAN Calls On FG To Approve Special Intervention Fund

Aeronautical Information Management Association of Nigeria (AIMAN) has called on the Federal Government to approve special intervention fund to speed up the completion of AIS automation in order to ensure enhanced safety and efficiency in the Nigerian airspace. Since the ...

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NIMASA Begins Process To End Gas Emission On Vessels

‘Manpower development germane for critical skills in maritime industry’

The Nigerian Maritime Administration and Safety Agency (NIMASA) on May 10th had a landmark inaugural installation ceremony of the Thorium-X tablet, a fuel consumption data collection device, on board a Nigerian-flagged fuel tanker vessel, MT KINGIS, commencing the process targeted ...

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NPA, APM Capital Sign MoU To Move Containers Via Barges

NPA wants ‘on-the-spot’ auction of overtime cargoes littering ports

In a bid to curb the colossal losses as a result of the gruesome Apapa gridlock, Nigerian Ports Authority (NPA) has signed a Memorandum of Understanding (MoU) with APM Capital to extend the use of barges to evacuate containers from ...

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N2.8tn Probe: Reps Threaten Absentee Bank Ceos, Others With Bench Warrant

N2.8tn Probe: Reps Threaten Absentee Bank Ceos, Others With Bench Warrant

The House of Representatives has threatened to issue a bench warrant against the Minister of Justice and Attorney-General of the Federation, Mr. Abubakar Malami; Accountant-General of the Federation, Mr. Ahmed Idris; and Managing Directors/Chief Executive Officers of Deposit Money Banks. ...

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Inflation Rate Rose To 11.37% In April – NBS

Banks recorded N1.44tn non-performing loans Q2

The National Bureau of Statistics on Wednesday last week, released the Consumer Price Index, which measures inflation with the index increasing to 11.37 per cent (year-on-year) in April. The bureau in the report said the 11.37 per cent year-on-year inflation ...

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NSE Approves MTN’s Listing On Premium Board

‘MTN still owes N55 billion for SIM infraction, must complete payment May 31’

MTN Nigeria Communications Plc says it has received approval to list on the premium board of the Nigerian Stock Exchange. The company said in a statement on Wednesday last week, noting that the listing would be done on May 16 ...

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CBN’s MFB Initiative Won’t Derail Postal Services –NIPOST

CBN’s MFB Initiative Won’t Derail Postal Services –NIPOST

The use of outlets belonging to the Nigerian Postal Service to offer microfinance bank services across the country will not affect core postal services negatively, the postal organization has said. In a statement issued in Abuja on Wednesday by the ...

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FEC Approves Fresh $1bn Chinese Loan

FG bans forex for food importation

Another external loan of $1bn was approved by the Federal Executive Council on Wednesday, last week. The session of the council, which was presided over by President Muhammadu Buhari, approved the loan to be sourced from the China-Exim Bank for ...

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Seplat takes final decision on alternate export pipeline

Seplat takes final decision on alternate export pipeline

‘…Investment in gas helped to hedge oil volatility’ The Chairman, Seplat Petroleum, Dr. Ambrosie Orjiako, has said that 2018 operational and financial performance reflected the significantly higher year-on-year levels of production uptime in its core oil producing assets combined with ...

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Nigeria has receded, Emefiele declares

Nigeria has receded, Emefiele declares

• CBN gov predicts tough times ahead • Says govt earns N35.2 billion stamp duties • Economists blame rising food price as inflation hits 11.37% The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reviewed the nation’s ...

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