The Nigerian Railway Corporation (NRC) announced on Wednesday that it has commenced the e-ticketing for train services on the Abuja-Kaduna route and would be on test run for a week before its formal inauguration on January 20. This development is ...
Read More »BEARS: Buhari’s Disabled Pigeon
Pigeons are meant to fly. If they don’t, something is really wrong. The doves, otherwise known as white pigeons, released by the President Muhammadu Buhari, at the Armed Forces Remembrance Day ceremony, refused to fly despite multiple attempts by the ...
Read More »Transport Veterans Set 2021 Agenda For Industry Growth
By Ayoola Olaitan Since the world was held to standstill as a result of COVID-19 pandemic for most parts of the year 2020, the effects would definitely continue to shape business and transport activities globally this year. While it would ...
Read More »Nigeria’s Maritime Sector Lacks Data To Make Forecasts – Maiguwa
By Kenneth Jukpor Mr. Emmanuel Maiguwa is the President of the Alumni of Maritime Academy of Nigeria, Oron (AMANO). In this interview MMS Plus, he bares his mind on several pertinent issues in the maritime sector. Emmanuel highlights the challenges ...
Read More »Why Nigeria’s Economy Can’t Make Rapid Progress
No one solves a problem s/he does not understand. Putting this statement in another perspective, we say, once our conception of a problem is wrong, we cannot find a solution to it. Nigeria is not making rapid progress because those ...
Read More »How to Start a Solar Energy Business in Nigeria
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 will take you through a detailed process of how to ...
Read More »SIFAX Rewards 46 Staff At 2020 Long Service Award Ceremony
SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, has rewarded and honoured 46 staff at its annual Long Service Award ceremony. The SIFAX Group Long Service Award is an ...
Read More »Benin Magistrate Court Sentences Stripped Tricycle Rider Who Assaulted FRSC Personnel
A tricycle rider has been sentenced to three months imprisonment by a Magistrate Court in Benin city, Edo State for attacking patrol operatives and damaging a patrol vehicle belonging to the Federal Road Safety Corps in Benin. The tricycle rider, ...
Read More »96 firms bid to rehabilitate NNPC pipelines, terminals
About 96 companies from various jurisdictions have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s downstream infrastructure. NNPC’s Group General Manager, Group Public Affairs Division, Kennie Obateru, said the infrastructure include critical pipelines to depots and ...
Read More »CBN issues new guidelines on e-payment, fintech development
The Central Bank of Nigeria (CBN) has issued fresh guidelines aimed at strengthening the payment system and development of other disruptive technologies relating to financial services. The regulatory frameworks are contained in two separate documents issued by the apex banks. ...
Read More »Nigeria’s daily oil production sinks to 1.17 million barrels
Crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December amid the production cuts by the Organisation of the Petroleum Exporting Countries and its allies. OPEC disclosed this on Thursday in its report for January, ...
Read More »FG bans assemblies, overcrowding, others as schools resume Monday
The Federal Government, on Thursday, banned overcrowding and large gatherings such as assemblies and visiting days, as schools reopen on Monday. It also put limitations to class sizes and hostel occupancy and asked the schools to ensure compulsory wearing of ...
Read More »Osinbajo, Kyari, others meet oil majors over PIB
Vice-President Yemi Osinbajo on Tuesday met with some stakeholders in the oil and gas industry in continuation of the Federal Government’s consultations ahead of the passage of the Petroleum Industry Bill currently before the National Assembly. Osinbajo’s Senior Special Assistant on Media ...
Read More »Barca reach Spanish Super Cup final after Ter Stegen penalty heroics
Marc-Andre ter Stegen’s heroics ensured Barcelona edged past Real Sociedad on penalties on Wednesday to reach the Spanish Super Cup final, without the injured Lionel Messi. Messi was watching on as Ter Stegen did his best to fill the void ...
Read More »CBN procedures creating bottlenecks for exports – Exporters
The pre-export requirements recently introduced by the Central Bank of Nigeria is currently frustrating the export of goods from Nigeria to other nations, exporters declared on Wednesday. Speaking under the aegis of the Network of Practicing Non-oil Exporters of Nigeria, ...
Read More »NNPC cautiously hopeful about oil demand recovery, deepens gas devt
The Nigerian National Petroleum Corporation (NNPC) has expressed cautious optimism about oil demand growth, adding that it had begun the process to diversify its portfolio beyond oil assets to hedge future crisis and align with global energy transition. The oil ...
Read More »Lawan alleges forces working to frustrate PIB
President of the Senate, Ahmad Lawan, on Tuesday alleged that there were forces within and outside the country working to frustrate the consideration and passage of the Petroleum Industry Bill. Lawan spoke to journalists in Abuja. He said, “The PIB ...
Read More »Egbin, Shiroro power plants’ output hit record high
Electricity generation from the nation’s largest power station, Egbin, and one of the hydropower plants, Shiroro, surged to record highs on Tuesday. Total electricity generation in the country rose to 4,515MW as of 6am on Tuesday from 4,399.20MW on Monday, ...
Read More »Oil rises above $56 on tight supply expectations
The international oil benchmark, Brent crude, rose above $56 per barrel on Tuesday, buoyed by Saudi Arabia’s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand. While the sustained increase in oil price means ...
Read More »IATA foresees low passenger traffic as ticket purchases decline
The International Air Transport Association is worried that there may not be any significant improvement in passenger volumes in the near term. The IATA in its Economics’ Chart for the week explained that ticket purchases rising towards the third week ...
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