Home / 2020

Yearly Archives: 2020

ECONOMY: Buhari to Boost Local Gas Utilization as Construction of AKK Gas Pipeline Project Commences…

ECONOMY: Buhari to Boost Local Gas Utilization as Construction of AKK Gas Pipeline Project Commences…

CWR, Cowry Weekly Financial Market Review Outlook Friday, July 3, 2020 6

Read More »

NCI Fund Increased To $350M, $20M Reserved For Women

NCI Fund Increased To $350M, $20M Reserved For Women

In a bid to enhance indigenous participation across various sectors of Nigeria’s economy, the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention Fund from US$200 million to US$350 ...

Read More »

IPMAN threatens strike over petrol price increase

IPMAN threatens strike over petrol price increase

The Independent Petroleum Marketers Association of Nigeria, South-West, has threatened to stop lifting of petroleum products over the hike in the petrol pump price. The South-West Chairman of IPMAN, Alhaji Dele Tajudeen, described the hike in the pump price by ...

Read More »

Lagos, Rivers lead as states domestic debts hit N4.1tn

Lagos, Rivers lead as states domestic debts hit N4.1tn

The total domestic debts for the 36 states of federation and the Federal Capital Territory stood at N4.1tn as of the end of March, 2020, the Debt Management Office has disclosed. According to the DMO, Lagos led with a debt ...

Read More »

Rising COVID-19 cases, unfavourable policies drag NSE’s index by 1.99%

Rising COVID-19 cases, unfavourable policies drag NSE’s index by 1.99%

Analysts blame proposed electricity tariff hike, PMS increment The Nigerian Stock Exchange (NSE) suffered another week of losses, amid rising COVID-19 cases, and the persisting foreign exchange (forex) illiquidity in the market. Consequently, the NSE All-Share index (ASI), and market ...

Read More »

Airlines raise fares as domestic flights resume Wednesday

Airlines raise fares as domestic flights resume Wednesday

There has been a significant increase in the airfares as airlines prepare to resume operations Wednesday. The Federal Government had directed the resumption of domestic flights on July 8th after the March 30th lockdown of the airlines. Checks by our ...

Read More »

Discos get tariff guidelines for additional power distribution

Discos get tariff guidelines for additional power distribution

The Nigerian Electricity Regulatory Commission has outlined guidelines which power distributors must adhere to when purchasing additional generation capacity that will lead to higher tariffs payable by power users. According to the commission, the tariff for such additional generation capacity ...

Read More »

Physical distancing impossible on flights, says aviation minister

Physical distancing impossible on flights, says aviation minister

Minister of Aviation, Hadi Sirika said it is almost impossible to achieve physical distancing on flights without hurting the revenue of airlines. He said this during a webinar attended by stakeholders in the aviation sector. The webiner focused on the ...

Read More »

NIMASA, Navy harmonise training programme

NIMASA, Navy harmonise training programme

The Nigerian Maritime Administration and Safety Agency and the Nigerian Navy have announced plans to harmonise training procedures to effectively safeguard the country’s maritime space. This was revealed in Lagos when the Director-General of NIMASA, Dr Bashir Jamoh, hosted the ...

Read More »

FG appoints, redeploys NNPC top management staff

FG appoints, redeploys NNPC top management staff

The Federal Government has carried out some changes in the top management of the Nigerian National Petroleum Corporation. It made new appointments and redeployments at the corporation and confirmed Friday’s report of The PUNCH on resignation of NNPC’s Chief Operating ...

Read More »

Nigeria gets 2021 deadline to stop dirty fuel imports

Nigeria gets 2021 deadline to stop dirty fuel imports

• Govt expands oil, gas intervention fund to N135.8b The Federal Government may have up till 2021 to stop the importation of dirty fuel into the country. The indication came on the heels of a recent report by international resource ...

Read More »

Kofostic Kofo

Kofostic Kofo

Kofo Akinkugbe is the Managing Director/CEO, SecureID. She founded Interface Technologies in 1998, SecureID in 2005 and SecureCard Manufacturing in 2012. SecureID Group comprises SecureID and SecureCard Manufacturing. SecureID is a Mastercard, Visa and Verve-certified smart card personalization bureau and ...

Read More »

BEARS: COVID-19 Shivers

BEARS: COVID-19 Shivers

The coronavirus pandemic has been haunting the globe for months, however, only health workers knowingly come in contact with infected persons on daily basis. When maritime journalists and top Customs officers at the Apapa Customs Command were informed that they ...

Read More »

Why Scanners, Single Window Challenges Will Linger Beyond 2020

Why Scanners, Single Window Challenges Will Linger Beyond 2020

·  Customs can’t jettison 100% physical examination – Abba-Kura ·  Private sector should be engaged to manage scanners – Freight Agents By Kenneth Jukpor Despite the federal government’s promise to provide scanners and a National Single Window platform available at ...

Read More »

Revenue Generation Isn’t The Core Mandate Of NIMASA – Jamoh

Revenue Generation Isn't The Core Mandate Of NIMASA - Jamoh

By Kenneth Jukpor Dr. Bashir Jamoh is the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA). As his administration clocked 100 days recently, he had a media parley where he unveiled the administration’s new agenda, recent strides and ...

Read More »

MRO: Nigeria’s Quest To Dominate West African Aviation Market

MRO: Nigeria's Quest To Dominate West African Aviation Market

By Ayoola Olaitan One of the biggest challenges facing Nigerian aviation industry is the absence of  Maintenance Repair and Overhaul (MRO) centre. Nigeria with population of 18 million passengers movement, which is the largest in any airport in Africa. There ...

Read More »

Pangs Of Inconsistent Policies: Opay Bows Out

Pangs Of Inconsistent Policies: Opay Bows Out

Over the years, the uncertainty and irregularity of government policies has destroyed many Nigerian businesses and emerged a major impediment to Foreign Direct Investments (FDIs) in the country. While foreign investors who came into the country have pulled out in ...

Read More »

BULLS: MMS Launches Haulage Truck

BULLS: MMS Launches Haulage Truck

MMS Cheetah Services, took a giant stride to strengthen its logistics business by launching a 20ft equivalent haulage truck to boost delivery services. The reliable logistics outfit handles all deliveries with finesse care and speed to any part of the ...

Read More »

Starting a Livestock Business

Starting a Livestock Business

By Ayoola Olaitan Shippers Guide is the learning page of MMS Plus newspaper. Here you learn the 5Ws and most important ‘H’ on various aspects of shipping. This week, we would take you through a detail process of how to ...

Read More »

Navy Hands Over 3 Barges To EFCC In Rivers State

Operatives of the Nigerian Navy Ship, NNS Pathfinder have handed over three Barges, Furo 1, MV Destiny Bright and an unnamed Metal Barge to the Port Harcourt Zonal Office of the Economic and Financial Crimes Commission (EFCC), for further investigation. This ...

Read More »
× Get News Alert