Daily Archives: February 3, 2020

Amaechi Labels OMSL’s Secure Anchorage Contract As Illegal

Amaechi Labels OMSL's Secure Anchorage Contract As Illegal

FG to acquire 80% HLSI assets by June 2020 By Kenneth Jukpor The Federal Government took a stand on the Secure Anchorage Area (SAA) contract operated by Ocean Marine Solutions Limited (OMSL), reiterating that such practice has been suspended and ...

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How Pilots Can Survive Emergence Of Self-Flying Planes – Porbeni

How Pilots Can Survive Emergence Of Self-Flying Planes - Porbeni

By Okuneye Moyosola Capt. Prekeme Porbeni is a retired Pilot and a Former Director of Operations of the Defunct Nigerian Airways. In this interview with MMS Plus newspaper, Capt. Porbeni sets the 2020 agenda for the nation’s aviation industry, analysing ...

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Why I Worked From Hotels During Maiden Months – CRFFN Registrar

How We Have Been Managing Port Operations Under COVID-19 - Nwakohu

By Kenneth Jukpor After a strategic end of year managerial meeting by the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), MMS Plus newspaper had a chat with the Council’s Registrar, Barr. Samuel Nwakohu. In this interview, Nwakohu ...

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FG to sign $321m Abacha loot return agreement

FG to sign $321m Abacha loot return agreement

The Federal Government will this week sign a tripartite pact with the United States of America and the Island of New Jersey for the repatriation of $321m looted by the late former Head of State, Gen. Sani Abacha. A spokesperson ...

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Ban: Police nab 40, impound 266 motorcycles, tricycles

Ban: Police nab 40, impound 266 motorcycles, tricycles

The Lagos State Police Command says it has impounded 188 motorcycles and 78 tricycles as well as arrested 40 persons for refusing to comply with the ban on motorcycles and tricycles in certain areas by the state government. The state ...

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CBN’s CRR adjustment triggers equities’ 28 per cent weekly loss

CBN demands details of 12 top Nigerian businessmen, others’ domiciliary accounts

The nation’s equities market suffered its first weekly loss in 2020 as the impact of the CBN’s hike in the Cash Reserve Ratio (CRR) by 500bps to 27.5 per cent spurred sell-off in banking stocks. Consequently, the All-Share Index and ...

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Domestic debt service of N607b and quests for more

Domestic debt service of N607b and quests for more

The Federal Government incurred a debt service bill of N606.87 billion on domestic obligations alone in just one quarter. This is more than 20 per cent of the total capital expenditure in 2020. But it is also an indicator that ...

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Lagos deploys 65 buses on some routes affected by okada, keke restriction

Lagos deploys 65 buses on some routes affected by okada, keke restriction

Lagos State has said it will deploy a fleet of 65 buses along major some routes from Monday, February 3, to ameliorate the hardship commuters are facing as a result of the restriction order on the operators of motorcycles and ...

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