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Stock market index depreciates by 0.14%

Stock market index depreciates by 0.14%

Following price losses incurred by most blue-chip stocks, transactions on the equity sector of the Nigerian Stock Exchange (NSE) closed on a downturn yesterday, causing the All-share index to plunge by 0.14 percent. Specifically, at close of transactions yesterday, the ...

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Sterling Bank, partners unveil first farmers’ digital commodity exchange

Sterling Bank, partners unveil first farmers’ digital commodity exchange

Nigeria has set a new global record, as the world’s first fully-digital, end-to-end blockchain-based commodity trading and financing platform was unveiled by Sterling Bank Plc. Developed in partnership with Binkabi and AFEX Commodities Exchange, the platform will decentralise Agric commodity ...

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Politics stalls Air Peace’s London, Houston, Dubai operations

Politics stalls Air Peace’s London, Houston, Dubai operations

Air Peace airlines has blamed aviation politics for the delay in starting its long-haul flights to London, Guangzhou, Houston, Mumbai, Johannesburg, Dubai, and Sharjah. The airlines got the Federal Government’s approval to operate the seven international, and 17 regional routes ...

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NNPC eyes over 14% control of downstream retail market

NNPC eyes over 14% control of downstream retail market

The Nigerian National Petroleum Corporation says it is set to go beyond the 14 per cent local market share it currently holds in the country’s downstream retail business. To achieve this target, the Corporation said it has expanded its retail ...

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Senate uncovers fresh $1.151b illegal withdrawals from NLNG

Senate uncovers fresh $1.151b illegal withdrawals from NLNG

The Senate yesterday said it again uncovered illegal multiple withdrawals of $1.151 billion from the dividends accounts of the Nigeria Liquefied Natural Gas (NLNG) by the Nigeria National Petroleum Corporation (NNPC). This is apart from the $1.05 billion NNPC Group ...

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Ufere Clocks 60, Exits NPA In Style

Ufere Clocks 60, Exits NPA In Style

The former Port Manager, Port Harcourt, Mrs. Carol Ufere, has had loads of goodies to celebrate in the last few weeks. After celebrating 35 years of meritorious service; she also marked her 60th birthday in style.

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MTN to apply for mobile money licence in Nigeria

MTN to apply for mobile money licence in Nigeria

… Resolving issues around $10b fine The Chief Executive Officer of MTN, Rob Shuter, has said that despite the challenges the telecommunications firm is facing in Nigeria, it will, next month, apply for a mobile-money licence. Shuter, who said MTN ...

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WIMAFRICA’s Glamorous Continental Outing

WIMAFRICA's Glamorous Continental Outing

African maritime amazons recently converged in Lagos to mark WIMAFRICA’s 2nd Continental Conference/ Annual General Meeting. MMS Lens was there. Enjoy the photos

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Group decries lack of sea-time training for cadets

Group decries lack of sea-time training for cadets

The Alumni of Maritime Academy of Nigeria Oron (AMANO) has decried the problems faced by cadets concerning sea time training, stressing the need for comprehensive approach to finding solution to the problem. President of AMANO, Austin Umezurike, at the second ...

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Military attacks militants, pirates, destroys illegal oil facilities in Niger Delta

Military attacks militants, pirates, destroys illegal oil facilities in Niger Delta

Youth leaders accuse contractors of sponsoring pipeline job protests The military has attacked militants, pirates and destroyed illegal oil facilities in the Niger Delta. The ongoing Operation Crocodile Smile III in 6 Division Area of Responsibility (AOR) of the Nigerian ...

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Nigeria to raise oil, condensate outputs in 2019

Nigeria to raise oil, condensate outputs in 2019

• David-West faults directive on gas flaring Nigeria is to increase its daily oil production to 1.8 million in 2019. It would also raise its condensate output by 0.5 million bpd during the period. The Group Managing Director of the ...

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Can Propane Solve Nigeria’s Electricity Woes?

Can Propane Solve Nigeria's Electricity Woes?

Every once in a while, a new technology, an old problem, and a big idea turn into an innovation – Dean Kamen   Drawing an analogy from Dean Kamen’s apt saying about technology one can understand the prospects of propane as ...

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How Manufacturing Sector Enhance Nigeria’s GDP – MAN President

How Manufacturing Sector Enhance Nigeria’s GDP – MAN President

Engr. Mansur Ahmed is the President of Manufacturers Association of Nigeria (MAN). In this interview with MMS Plus he reveals his aspirations for MAN under his leadership, highlights the major challenges facing manufacturers in the country and proposes the headway. He also ...

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Women Group Organizes Free Health Check-Ups To Mark 20th Anniversary

Women Group Organizes Free Health Check-Ups To Mark 20th Anniversary

  By Kenneth Jukpor As part of efforts to mark its 20th anniversary, the Virtuous Women Tuesday Fellowship, a non-governmental organization (NGO), organized a free medical examination exercise for over 100 women in Apapa, Lagos, last week. The Group also called for ...

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How Customs CG Derails Buhari’s Anti- Corruption War

How Customs CG Derails Buhari’s Anti- Corruption War

  ·         Why Police, Customs use syndicates ·         90% of  Nigeria’s import is fraud–Aniebonam Strong indications have emerged that President Mohammadu  Buhari’s anti-corruption battle is being compromised by the Nigeria Customs Service (NCS) headed by Col. Hammed Ali (rtd), the Comptroller General of Customs (CG) following  series ...

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BULLS: Exemplary Leadership

BULLS: Exemplary Leadership

As part of efforts to promote Made-In-Nigeria products and get more Nigerians patronize indigenous products the executives of Manufacturers Association of Nigeria (MAN) now adorn Nigerian attires to attend functions and meetings as was noticed during a recent courtesy visit ...

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BEARS: Chinese Workers Drink Urine, Eat Bugs

BEARS: Chinese Workers Drink Urine, Eat Bugs

Workers at a Chinese home renovation company who failed to complete their tasks had to drink urine, eat cockroaches or get whipped by a belt. Others had to shave their heads or drink water from a toilet bowl and had ...

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African Trade Liberalization: Prospects And Challenges

African Trade Liberalization: Prospects And Challenges

By Kenneth Jukpor Although trade facilitation has been central to the growth and development of many thriving economies around the world; it has been grossly under-exploited in Africa, whose population of over 1.2billion has combined Gross Domestic Product (GDP) of $2 ...

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Terminal Operators To Partake In Trade Fairs And Exhibitions – NPA MD

Dakuku, Bala Usman to grace security officers’ conference

As part of efforts to promote the activities of terminal operators as concessionaires at all the nation’s seaports, the management of the Nigerian Ports Authority (NPA) has directed that henceforth all operators should participate fully in Trade Fairs and Exhibitions. ...

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SIFAX Group Appoints New Executive Director ‘Compliance’

SIFAX Group Appoints New Executive Director ‘Compliance’

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has appointed Mariam Abiola Afolabi as its new Group Executive Director, Compliance. Mariam Afolabi, a Solicitor and Advocate of the Nigerian ...

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