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Audacious Adenike

Audacious Adenike

Adenike Adebola is the Marketing and Innovation Director and a member of the Guinness Nigeria Exec Team. With an HND in Food Technology, she also holds an MBA from the University of Manchester, UK. She joined Guinness Nigeria in 2005 ...

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Many Logistics Challenges With Lekki Deep Seaport, Dangote Refinery

Many Logistics Challenges With Lekki Deep Seaport, Dangote Refinery

By Yusuf Odejobi As the commencement of operations at the Lekki deep seaport draws nearer, the fact that the $1.6 billion deep seaport project in the Free Trade Zone is  without plans for an intermodal transport system necessary for seamless ...

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Aniebonam Wears Grand Fellow Feather

Aniebonam Wears Grand Fellow Feather

 The Founder of the National Association of Government Approved Freight Forwarders (NAGAFF), Dr. Boniface Okechukwu Aniebonam was recently conferred and decorated as Grand Fellow of the Institute of Transport and Management Technology (ITMT). The event attracted friends and well-wishers. Enjoy ...

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BULLS: Hbd! Gbemi Saraki

BULLS: Hbd! Gbemi Saraki

Senator Gbemisola Saraki, the Minister of State Transportation, turned a year older on Tuesday. The Federal Ministry of Transportation in a crisp congratulatory message, noted that the Minister, who is also a former senator always delivers topnotch performances. “You have ...

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BEARS: Marijuana Party

BEARS: Marijuana Party

Marijuana, weed, skunk or Igbo as it is popularly referred to in Nigeria was seen publicly displayed for sale around the port environment, precisely in front of the popular Elenganza building at Apapa. Our correspondent sighted the seller with four ...

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ECONOMY: FG Considers Reduction of Costs, Merge MDAs amid Shortfall in Revenue…

ECONOMY: FG Considers Reduction of Costs, Merge MDAs amid Shortfall in Revenue…

CWR, Cowry Weekly Financial Market Review Outlook Friday, May 7, 2021

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Hadiza’s Suspension: Alleged Financial Misappropriations And Unanswered Questions

Hadiza’s Suspension: Alleged Financial Misappropriations And Unanswered Questions

By Kenneth Jukpor The suspension of the Managing Director of Nigerian Ports Authority (NPA) Hadiza Bala-Usman onThursday last week has elicited more skepticism as due process was jettisoned in her suspension. Most online sources have been awash with allegations of ...

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Why You Should Choose A Career As Merchant Navy

Why You Should Choose A Career As Merchant Navy

Shippers Guide is the learning page of MMS Plus. Here we answer the five W’s and H of several issues in the shipping industry. This week’s edition focuses on the Merchant Navy, highlighting reasons why you should pick a career ...

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Mobil Oil delists as Nigerian Exchange loses N39 billion

Mobil Oil delists as Nigerian Exchange loses N39 billion

Trading on the Nigerian Exchange (NGX) Ltd. closed mixed on Friday with the market capitalisation dropping by N39 billion while the index rose by 0.21 per cent. Specifically, the market capitalisation which opened at N20.470 trillion lost N39 billion or ...

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CRFFN Registrar Employed 13 Ghost Workers, Witholds N15m Workers’ DTA

CRFFN Registrar Employed 13 Ghost Workers, Witholds N15m Workers' DTA

By Kenneth Jukpor The Registrar of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Barr. Samuel Nwakohu has been accused of employing thirteen ghost workers, seizing workers allowances in excess of N15million. Some aggrieved members of staff ...

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Reps Summon NNPC, CBN, FIRS, EFCC, Probe Illicit Financial Flows

Reps Summon NNPC, CBN, FIRS, EFCC, Probe Illicit Financial Flows

The House of Representatives has resolved to invite various departments and agencies of the Federal Government over illicit financial flows in Nigeria. At the plenary on Thursday, the House specifically mandated its committees on Finance; Anti-Corruption; Financial Crimes; Banking and ...

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All airports to be free trade zones, says govt

All airports to be free trade zones, says govt

All airports are to be designated free trade and economic processing zones, the Federal Government has said. It also announced that the next step for the concession of Nigeria’s four major international airports was the placement of request for qualification ...

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Stocks shed N190bn as Stanbic, 21 others record losses

Stocks shed N190bn as Stanbic, 21 others record losses

Nigerian stocks fell on Wednesday as price losses recorded by Stanbic IBTC Holdings Plc and 21 other companies led to a decline of N190bn in total market value. The All-Share Index of the Nigerian Exchange Limited fell by 0.92 per ...

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Crude nears $70, raises fear of federation account depletion

Crude nears $70, raises fear of federation account depletion

The international oil benchmark, Brent Crude, was less than 30 cents from hitting $70 amid market optimism on the United States and Europe reopening. The benchmark had gained $0.83, to trade at $69.71 as of 2:44 pm on Wednesday, Nigerian ...

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Foreign Direct Investment declined by $30m in January – CBN

Foreign Direct Investment declined by $30m in January – CBN

Foreign Direct Investment dipped by 33.3 per cent which amounted to $30m in January, latest statistics obtained from the Central Bank of Nigeria revealed on Wednesday. According to figures obtained from the CBN’s January report on capital importation and capital ...

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Investors to raise N102.75bn for national carrier – FG

Investors to raise N102.75bn for national carrier – FG

Private investors are to raise $250m (N102.75bn at N411/$ official exchange rate) to start up Nigeria’s national airline, the Federal Government has said. It disclosed this in a document on the updated status of the government’s aviation roadmap seen in ...

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BUA Group to build polypropylene plant, targets 2024

BUA Group to build polypropylene plant, targets 2024

BUA Group says it has entered into a contract with Lummus Technology to establish a polypropylene plant in its proposed refinery. Lummus Technology is an American licensor of proprietary petrochemical, refining, gasification and gas processing technologies, and a supplier of ...

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Distribution of CBN four million meters begins soon – FG

Distribution of CBN four million meters begins soon – FG

The Federal Government on Wednesday said the distribution of the four million free electricity prepaid meters pledged by the Central Bank of Nigeria would soon begin across the country. The Minister of Power, Mamman Saleh, said this while answering questions ...

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‘It’s suicidal’, Labour rejects FG’s plans to slash salaries

‘It’s suicidal’, Labour rejects FG’s plans to slash salaries

The Organised Labour has condemned and rejected the plan by the Federal Government to slash the salaries of workers in the country. The President of the Nigeria Labour Congress, Ayuba Wabba, who said this in a statement on Wednesday in ...

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Crisis looms in N/Assembly, APC caucus denounce anti-Buhari move

Crisis looms in N/Assembly, APC caucus denounce anti-Buhari move

Members of the majority caucus of the National Assembly are set for a showdown with their colleagues in the minority, over threats to take legislative measures against the President, Major General Muhammadu Buhari (retd.), for constitutional breaches. Senators of the ...

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