Home / Author Archives: mms plus (page 8)

Author Archives: mms plus

Copyright MMS Plus. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from Kings Communications Limited.

Residents in panic as vandals burst NNPC pipeline, flee scene in Ejigbo

Residents in panic as vandals burst NNPC pipeline, flee scene in Ejigbo

But for providence, residents of Ejigbo and Idimu areas of Lagos State would have woken up to a catastrophic disaster yesterday after a pipeline in Tunde Alabi crescent off Oboye, Mingles bus-stop, Mafon area of Ejigbo, was broken by unknown ...

Read More »

FG okays N22.6b pension balance for Nigeria Airways ex-workers

FG okays N22.6b pension balance for Nigeria Airways ex-workers

The Federal Government has approved the second and final tranche of N22.6 billion to pay the pension and gratuities of ex-workers of defunct Nigerian Airways. The Minister of Finance, Zainab Ahmed, recently secured the approval of President Muhammadu Buhari, to ...

Read More »

Senate confirms N11tr oil subsidy payment, okays N129b for marketers

Senate confirms N11tr oil subsidy payment, okays N129b for marketers

Opposes move to downgrade Enugu airport The Senate yesterday confirmed the payment of N11 trillion as fuel subsidy claims in the last six years. The chairman of its Committee on Petroleum Downstream, Kabir Marafa (APC, Zamfara), made the disclosure while ...

Read More »

Nigerian farmers to get $1.9m to boost seeds production

Nigerian farmers to get $1.9m to boost seeds production

A consortium of partners involve in the Inclusive Agricultural Transformation in Africa, has unveiled plans to invest about $1.9million to support seed companies in the production of quality early generation seeds in Nigeria. The three-year project is being supported by ...

Read More »

Stakeholders seek end to petroleum sector illicit financial flows

Nigeria’s Daily Oil Production Now 2.2mb At $22 Per Barrel Production Cost

With over $18 billion yearly losses to Illicit Financial Flows (IFFs) in Nigeria, stakeholders in the oil and gas, and financial services sectors, have tasked the Federal Government to introduce measures that will urgently address the development; otherwise funding infrastructural ...

Read More »

DPR, multinationals, others fear for economy as oil thieves reign

FG Evaluates 250 Companies For 178 Gas Flare Points

• Canvass modular refineries in N’Delta to check menace • Ogoni caution against ‘forceful’ resumption of exploratory activities The Department of Petroleum Resources (DPR), international oil companies (IOCs), security agencies, community leaders and other stakeholders yesterday warned that oil theft ...

Read More »

Obasanjo, 392 others in Ethiopian Airlines’ near mishap

Obasanjo, 392 others in Ethiopian Airlines’ near mishap

• It’s a case of bad weather, says carrier Former President Olusegun Obasanjo and 392 others were yesterday thrown into panic as an Ethiopian Airlines (ET) Boeing 777-300 plane on which they were travelling had landing difficulties during the final ...

Read More »

Shareholders okay Nestle Nigeria Plc’s N30.5 billion final dividend

Shareholders okay Nestle Nigeria Plc’s N30.5 billion final dividend

Shareholders of Nestle Nigeria Plc have endorsed a final dividend of N30.517 billion, culminating to N38.50 per share due to every of its investor for the 2018 financial year. The shareholders who spoke on the 50th yearly general meeting of ...

Read More »

Airtel Africa eyes $1bn London listing, Nigeria’s bourse

Airtel Africa eyes $1bn London listing, Nigeria’s bourse

India’s telecommunications firm Bharti Airtel, is considering a stock market flotation in London, for its subsidiary, Airtel Africa Limited, and subsequent listing on the Nigerian Stock Exchange (NSE). The announcement of the planned listing in Nigeria comes barely two weeks ...

Read More »

Army destroys over 120 illegal refineries in Niger Delta

Army destroys over 120 illegal refineries in Niger Delta

The Nigerian Army has said it destroyed no fewer than 120 illegal refining sites in the Niger Delta, insisting that its action was in line with its mandate to curb economic sabotage and insecurity in the country. Acting Director of ...

Read More »

NIMASA Gets Rotary Award For Robust CSR Initiatives

NIMASA Gets Rotary Award For Robust CSR Initiatives

Rotary International, District 9110, has honoured the Nigerian Maritime Administration and Safety Agency (NIMASA) with an Award for Outstanding CSR Programmes for its stellar Corporate Social Responsibility (CSR) contributions. Rotary said the award bestowed on the Agency at its recent ...

Read More »

Enugu Airport: EFTZ declares full certification, safety compliance

FAAN To Commence Rehabilitation Of Enugu Airport Runway

Stakeholders in the Enugu Free Trade Zone (EFTZ) have declared their willingness to work with the Ministry of Aviation in addressing all concerns over the proximity of one of the units of the free zone with the Akanu Ibiam International ...

Read More »

Infinity Trust Mortgage Bank earnings hit N1.005bn in 2018

Infinity Trust Mortgage Bank earnings hit N1.005bn in 2018

* Nets N5.969bn in shareholders, declares N366.7m profit The Infinity Trust Mortgage Bank (ITMB) Plc gross earnings hit the billion Naira mark for the first time, rising from N833.6 million in 2017 to N1.005 billion in 2018, representing 14 per cent increase. ...

Read More »

Government earns N1.3b on concession of 19 silos, firms

Government earns N1.3b on concession of 19 silos, firms

The Federal Government earned about N1.3 billion from concession of about 19 Grain Reserves Silo Complex to the private sector. Besides, it would also earn about N10.4 billion from the concessionaires, as they are expected to pay as yearly concession ...

Read More »

Stakeholders urge NPA to investigate bid process

NPA Set August As Deadline To Commence Electronic Call-Up System

A group of concerned bidders in the Nigerian Ports Authority (NPA) cargo survey contract system has urged the management to investigate its bid process. In a petition dated May 25, 2019, titled “Re: Cargo Surveys Contract Bids – Attempts To ...

Read More »

Presidential Taskforce Brainstorm On Apapa Gridlock

Presidential Taskforce Brainstorm On Apapa Gridlock

As part of efforts to actualize the Presidential directive on clearing the Apapa port access roads, Nigerian Shippers’ Council (NSC), Nigerian Ports Authority (NPA) and other stakeholders in Presidential Taskforce met to deliberate the headway at NSC headquarters, last week. ...

Read More »

MMS WoFHOF Touching Lives With QuickCash

MMS WoFHOF Touching Lives With QuickCash

More beneficiaries were touched by the MMS Woman of Fortune Hall of Fame (WoFHoF) QuickCash initiative to boost their businesses. You can sign up too; enjoy the photos!

Read More »

Felicitous Felicia

Felicitous Felicia

Engr. (Mrs.) Felicia Nnenna Agubata is the President, Women In Aviation, Nigeria Chapter(WIAN). Her career in the Aviation sector commenced in 2002 when she joined the Nigerian Airspace Management Agency (NAMA). In 2005, she attended Aviation Training Academy in Johannesburg South Africa ...

Read More »

BULLS: Diamond Mother

BULLS: Diamond Mother

Hearty congratulations! We felicitate with Mrs Chidi Augustina Ogbonnaya on her conferment with the title of a Diamond Mother at St. John The Evangelist Catholic Church, Oshodi Lagos. Augustina currently works with the Nigerian Shippers Council (NSC). We pray that ...

Read More »

BEARS: Apapa Gridlock Relocates

Apapa Gridlock: Presidential Task Force Unveils Strategy For Cargo Evacuation

Last week, the Presidency issued a 72-hour ultimatum to truck drivers that parked along Apapa port access road to vacate the roads. While the directive is commendable as it would help in restoring law and order to Apapa and its environs; ...

Read More »