Following the US emergence as oil exporters, Nigeria has begun to suffer from the global glut in oil as Nigeria’s March crude programme is struggling to find outlets, with some 25 million barrels still unsold even as traders revealed the …

President Muhammadu Buhari, yesterday, in a move to douse the tension over the 2016 budget controversy, fired the Director-General for Budget, Mr Yaya Gusau, and announced a replacement in the person of Mr. Tijjani Abdullahi. Similarly, Mr. Ben Akabueze was …

These are indeed trying times for the global oil and gas industry, but the current context also presents a great opportunity for change. Opportunity to take a whole new evaluation at the way West African countries are doing things, with …

The Federal Government is projecting to improve the salaries of officers and men of the Nigeria Customs Service to encourage them in the bid to raise the level of revenue generation for the nation. The Minister of Finance, Mrs. Kemi …

The Nigerian Society of Engineers (NSE) has lamented at the inadequacy of safety regulations and enforcement by its regulatory body, the Council for the Regulation of Engineers in Nigeria (COREN). The president of NSE Engr. Otis Anyaeji made this known …

Mr. Johnson Chukwu is the Managing Director, Cowry Asset Management Limited in this exclusive interview with MMS Plus Weekly, he analyzes the 2016 budget of the Federal Government and the assumptions on which the budget was predicated given the present …

In the shipping industry, the words declaring and insuring are often interchanged resulting in great misunderstanding and confusion among shippers. In this week’s edition of Shippers’ Guide here is an explanation of what to expect when declaring value with your …

Alas! The air-conditioners are not working as Controller Egbudin sat down to host his first stakeholders’ meeting since resuming office at the Apapa Command. If all four ACs stationed at the four corners of the Apapa Command of the Nigeria …

Jauro raises committee to generate N70bn monthly Ship owners lament dying NIMASA Operational activities in the Nigerian Maritime Administration and Safety Agency(NIMASA) have been virtually grounded  to a halt  by on-going investigation by the Economic and Financial Crimes Commission(EFCC) into …

Towards the end of 2014 and February 18, 2015, two events of same outcome took place- the naira devaluations. These times, the actions were regulatory induced. In fact, there were many against the regulator than those with it. Of course, …

Anambra state has started the exportation of pumpkin leaves (Ugu) and bitter leaves (Onugbu) to the United Kingdom (UK). The first set of the exportation was on the 21st of January, 2016 after the Anambra State Ministry of Agriculture successfully …

The Federal Court of Appeal, Lagos, has adjourned a case between the Nigerian Shippers Council (NSC) and the Seaports Terminal Operators Association of Nigeria (STOAN) over reduction in port charges to May 23, 2016. The court also adjourned the case between …

Freight agents have expressed apprehension over the slow but sure return of government agencies to the ports, at a stakeholder’s meeting in Apapa Command of the Nigeria Customs Service (NCS), yesterday. The agencies which were sacked and made to go …

The Commissioner of Police, Western Port Command, Mrs Hilda Ibifuro- Harrison has attributed the myriad of of psychological and emotional issues affecting Police officers to the traumatic circumstances which characterize their duties in defense and protection of lives and properties. …

The Nigerian Shippers’ Council (NSC) has lamented over the standards of freight forwarding practice in Nigeria as being poorly rated despite its immense contribution to the socio-economic development of the country. The Executive Secretary and Chief Executive Officer (CEO) of …

The Federal Government has officially ended the payment of subsidy on kerosene. Instead of the regulated pump price of N50 per litre, the product will now sell for N83, according to the latest pricing template for House Hold Kerosene released …

Newly appointed Customs Area Controller (CAC) of the Murtala Mohammed International Airport (MMA) Command, Comptroller Allanah Francis has urged importers using the airport to brace themselves for sweeping changes in business attitude shift and improved cargo clearance regime, following the …

The General Manager Western Ports, Nigerian Ports Authority (NPA) Chief M.K Ajayi has called on Jetty operators in the Tin Can Island axis to fully support the federal government in its efforts towards to curb the gruesome Apapa gridlocks. Chief …

Nigeria’s two foremost unions in the oil and gas sector, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas (NUPENG) employees, have expressed conflicting views on the slight reduction …

Eleven former Presidents, Heads of State and former Vice Presidents/Chiefs of General Staff are to share N2.3 billion as entitlements in 2016. This was contained in the summary of the proposed budget 2016 presented by President Muhammadu Buhari to the …