By MMS Plus

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OIL & GAS

By MMS PlusJuly 29, 2021
0 150

Power grid collapses again amid lack of backup capacity

The national power grid has suffered another system collapse, worsening the blackout being experienced by households and businesses in parts…
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ASSETS & FINANCIALS

By MMS PlusJuly 29, 2021
0 180

Naira slumps to 523 against dollar at parallel market

The naira slumped further to 523/$ at the parallel market on Wednesday, a day after the Central Bank of Nigeria…
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ASSETS & FINANCIALS

By MMS PlusJuly 28, 2021
0 174

Nigeria’s Capital Importation Fell To $875.62m In Q2

The total value of capital importation into Nigeria declined to $875.62m in the second quarter of 2021 from $1.91bn in…
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OIL & GAS

By MMS PlusJuly 28, 2021
0 183

Power: Egbin Decries N388bn NBET Debt, Idle Capacity

Egbin Power Plc, the biggest power station in Nigeria, has said it is owed N388bn by the Nigerian Bulk Electricity…
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ASSETS & FINANCIALS

By MMS PlusJuly 28, 2021
0 210

Ibadan Gemstones Market Undeveloped Despite FG’s Promises

•We are formalising, developing, enhancing value- Minister Six months after the Federal Government declared its intention to establish an international…
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SPORTAINMENT

By MMS PlusJuly 28, 2021
0 209

Tokyo Olympics: Jordan Nwora’s 33 Points Not Enough As D’Tigers Go Down To Germany

Nigeria’s D’Tigers lost for the second time in a row in the Olympic men’s basketball tournament, going down to Germany…
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OIL & GAS

By MMS PlusJuly 28, 2021
0 141

Oil Price Dips To $74.18, Russia Rallies OPEC On Market Stability

Brent, the oil against which Nigeria’s crude is priced, dropped marginally on Tuesday, shedding 32 cents to close at $74.18…
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ASSETS & FINANCIALS

By MMS PlusJuly 28, 2021
0 230

In rare courage, CBN weakens BDC operations, stops FX funding

• Indicts operators for money laundering • We receive 5,000 fresh BDC applications monthly, says Emefiele • MPR, other monetary…
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ASSETS & FINANCIALS

By MMS PlusJuly 27, 2021
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MPC urged to maintain status quo amid inflation, weak economy

As the Monetary Policy Committee (MPC) meets, experts have called on the Central Bank of Nigeria (CBN) to keep monetary…
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OIL & GAS

By MMS PlusJuly 27, 2021
0 129

Nigeria targets 10,000MW of electricity from $3bn interventions

The Federal Government, yesterday in Abuja, said 10 Gigawatts (10,000MW) of electricity is feasible from an investment of $3 billion…
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ASSETS & FINANCIALS

By MMS PlusJuly 27, 2021
0 134

Nigeria’s revenue-to-GDP ratio lowest, private sector choking – World Bank

Nigeria’s revenue-to-Gross Domestic Product ratio, which fell to between five and six per cent last year, is the lowest in…
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SPORTAINMENT

By MMS PlusJuly 27, 2021
0 157

Sancho, the $100 million man, wants to bring trophies back to Man United

Jadon Sancho said he wanted to help bring trophies back to Manchester United after joining the English football giants from…
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NEWS LENS

By MMS PlusJuly 27, 2021
0 150

Reps panel wants NIMASA, NSITF officials prosecuted by EFCC

The Committee on Public Accounts of the House of Representatives has recommended that former and serving management staff of several…
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SPORTAINMENT

By MMS PlusJuly 27, 2021
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Tokyo Olympics: D’Tigress go down fighting in narrow loss to USA

Nigeria’s national women’s basketball team, D’Tigress, on Tuesday lost 81-72 to the United States in their Olympic Games opener in…
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ASSETS & FINANCIALS

By MMS PlusJuly 27, 2021
0 158

Oil, gas firms lead as stock market gains N94bn

Oil and gas firms led the upturn in the stock market on Monday as investors gained N94.04bn at the end…
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NEWS LENS

By MMS PlusJuly 26, 2021
0 210

Manufacturers, Importers Stranded Over N6.5m Duty On Transit Goods

• Stalemate enters 46 days over border closure • Shortage of raw materials might worsen, consumers to pay more amid…
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ASSETS & FINANCIALS

By MMS PlusJuly 26, 2021
0 119

Stock Market Rebounds With N376bn Weekly Gain

Stock trading on the floor of the Nigerian Exchange Limited rallied with a total gain of N375.50bn last week despite…
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ASSETS & FINANCIALS

By MMS PlusJuly 26, 2021
0 118

Naira Exchanges For 503/$ At Parallel Market

The naira exchanged to the dollar at 503 at the parallel market on Friday according to the Bureau de Change…
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ASSETS & FINANCIALS

By MMS PlusJuly 26, 2021
0 690

Beans, Tomatoes, Rice Record 253%, 123%, 51% Price Hike

•Farmers decry worsening insecurity, FG promises intervention The cost of food items in Nigeria has been recording significant increases in…
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NEWS LENS

By MMS PlusJuly 25, 2021
0 1,047

N50bn NIMASA Floating Dock Loses Class, N21.6bn Potential Earnings

· Incurs N6bn debt as berthing charges · Why NIMASA/ NPA Partnership will fail -Oforiokuma · We’re concluding plans…
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