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Author Archives: mms plus

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WIMAFRICA’s ‘Blue Smile’ Brightens Makoko Community

As part of efforts to deepen its Corporate Social Responsibility  (CSR) whilst preaching the numerous opportunities in the blue economy, African Women in Maritime (WIMAFRICA) bought and presented a gigantic fish oven capable of grilling over 100 fishes to the ...

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Bukulicious Bukky

Bukulicious Bukky

Bukky Shonibare is the Group CEO for the 555 Group which includes the 555 consulting firm that caters to HR solutions and consultancy. She has years of experience in the HR consulting field, and possesses a certificate in Journalism and ...

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Nigerian Ports: Is Trade Facilitation A Nigerian Fable?

Nigerian Ports: Is Trade Facilitation A Nigerian Fable?

By Kenneth Jukpor Nigeria is regarded as the giant of Africa, albeit in terms of geographical landscape and size of its population, however in the maritime sector several stakeholders have expressed optimism that the country could become the hub of maritime ...

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Shipping Risk Assessment And Underwriting

How To Learn The ABC Of Shipping And Ports Operations In Nigeria- Okorefe

Introduction The basis of the contract is the proposal form. Premiums must be paid upfront before commencement of cover. Premiums form the basis or the consideration for indemnity. What is Marine Insurance? Marine Insurance is International in nature. It is ...

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Why We Have Waterways Accidents – Mamora

Why We Have Waterways Accidents – Mamora

By Kenneth Jukpor Senator Olorunnimbe Mamora is the Managing Director of the National Inland Waterways Authority (NIWA). In this exclusive interview with MMS Plus newspaper, he bares his mind on several challenges limiting the development of the nation’s water transport ...

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BEARS: Aniebonam And Kpokirikpo Spirit

Aniebonam Urges Senate To Meet President Over NTC Bill

Surprise! Dr. Boniface Aniebonam, the founder of the National Association of Government Approved Freight Forwarders (NAGAFF) threw due process to the back door when he endorsed Dr. Alban Igwe, for the position of the Registrar of the Council for the ...

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BULLS: Beauty Ends War

BULLS: Beauty Ends War

The war ended between the Nigerian Shippers’ Council (NSC) and the Seaport Terminal Operators  Association of Nigeria(STOAN) on Thursday.  STOAN had gone to court to challenge the new regulatory status of the Council to determine terminal charges for the terminal ...

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Kachikwu Expects Green Light For Bonga Oil Field By February

Kachikwu Expects Green Light For Bonga Oil Field By February

Nigeria’s oil minister, Mr. Ibe Kachikwu expects a final investment decision (FID) on its Bonga Southwest offshore oil field by February 2019, he said on Friday last week on the sidelines of an OPEC meeting. The project, one of the ...

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Senate Express Readiness To Pass Maritime Sector Bills

Senate Passes Bill for Establishment of South East Development Commission

Although the current legislative administration closes in few months, the Senate Committee on Marine Transport has reiterated commitment to partner with stakeholders in the sector in the bid to ensure the passage of proper legislation to harness the opportunities that ...

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Dana Concludes Re-Certification, To Acquire More Air Planes

Dana Concludes Re-Certification, To Acquire More Air Planes

Dana Air has concluded the re-certification exercise of the Nigerian Civil Aviation Authority (NCAA), earning a clean bill of health from the apex regulatory body. The airlines said the revalidation was an incentive to do more, especially offering its guests ...

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Amaechi, Enelamah To Speak At Nigerian Ship Finance Conference

Amaechi, Bello, Iheanacho To Attend Maritime Editors’ Summit Next Week

The Minister of Transportation, Hon. Rotimi Amaechi and the Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah are expected to grace the second edition of the Nigeria Ship Finance Conference and Exhibition (NISFCOE) which comes up on December 18th, ...

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Maritime Experts Canvass Free Market Policy For Efficiency, Competition

Maritime Experts Canvass Free Market Policy For Efficiency, Competition

As part of efforts to reposition the nation’s port sector, maritime experts have called for a change from the federal government’s overemphasis on tariffs and rates in the shipping and port sector to a system that guarantees efficiency and allows ...

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Oil Price Drops to $58, OPEC Waits for Russia on Output Decision

Faltering oil prices set naira, budget on risky path

Shell reviews Nigerian deals involving bribery accused ex-official Crude oil price fell yesterday after the ministers of the Organisation of Petroleum Exporting Countries (OPEC) opted to wait for the outcome of their today’s meeting with non-OPEC member countries led by ...

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Bank’s N949bn deposits intact, NDIC assures customers

Bank’s N949bn deposits intact, NDIC assures customers

Nigeria Deposit Insurance Corporation (NDIC), has assured customers of the defunct Sky Bank Plc, of maximum guarantee and unhindered access to their deposits in excess of N949.60 billion. Besides, the Corporation revealed that plans have been concluded to settled over ...

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ETPs net flows hit $358b worldwide, as Nigeria’s pension rises to N8.3tr

ETPs net flows hit $358b worldwide, as Nigeria’s pension rises to N8.3tr

Fund managers call for broader distribution channels Chief Executive Officer, The Nigerian Stock Exchange (NSE), Oscar Onyema, has revealed that the global net flows of the Exchange Traded Products (ETPs), is currently put at $358 billion, even as pension fund ...

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AMPs will help AMCON recover N740billion, says Kuru

AMPs will help AMCON recover N740billion, says Kuru

The Asset Management Corporation of Nigeria (AMCON), has reiterated its full support for its Asset Management Partners (AMPs), in the pursuit to recover the 20 per cent or N740billion of the total N3.7trillion Eligible Bank Assets (EBAs) portfolio that are ...

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Global export near $19.6tr in 2018 amid slow economic recovery

Global export near $19.6tr in 2018 amid slow economic recovery

Although Nigerian non-oil exporters express optimism of recovery in 2019, latest data from the United Nations Conference on Trade and Development (UNCTAD), has shown that global merchandise exports could grow by 10.4 per cent this year, hitting almost $19.6 trillion. ...

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NPA remitted N11.3 billion 2018 surplus to government, says Bala Usman

NPA remitted N11.3 billion 2018 surplus to government, says Bala Usman

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, said the Authority had remitted over N11.3 billion being part of the 2018 business operations’ surplus to the Federal Government coffers this year. Bala Usman, who made this known in ...

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NCDMB to support establishment of two modular refineries

NCDMB to support establishment of two modular refineries

• Plans 10-year R&D roadmap  By 2019, the Nigerian Content Development and Monitoring Board (NCDMB), will support the establishment of at least two more modular refineries in Nigeria. It is also planning to participate in the Liquefied Petroleum Gas (LPG) ...

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NNPC promises abundant fuel supply nationwide

NNPC promises abundant fuel supply nationwide

Threat by oil marketers to shut down depots over unpaid subsidy may not cause scarcity of petrol as the Nigerian Petroleum Corporation (NNPC) promised to make the product abundantly available across the country. During an oversight visit to the NNPC ...

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