The amount spent by Nigeria on servicing Eurobonds and Diaspora bonds has risen by 85.67 per cent between the first and the second quarter of 2022. An analysis of data on actual external debt service payments from the Debt …
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Nigeria’s crude oil revenue jumped to N11tn in the first six months of 2022, according to the latest data from the National Bureau of Statistics’ Foreign Trade Statistics for the second quarter of 2022. According to the report, this was …
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Figures obtained from the Nigerian Electricity Regulatory Commission on Monday showed that power consumers in Nigeria got a total bill of N1.12tn in 2021 but paid N775.33bn, leaving a shortfall of N341.42bn. Payments were made to the 11 power distribution …
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The Chairman, Heirs Holdings and United Bank for Africa Plc, Tony Elumelu, has said the Nigerian insurance industry needs to be vibrant and must possess capital, professionalism and democratisation which are foundations for a strong Nigeria. Elumelu said this …
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The N3.92tn spent as subsidy on Premium Motor Spirit, popularly called petrol, from January 2020 to June 2022 is higher than the cumulative individual federal budgets for health, education and defence during the 30-month period. Findings show that over the …
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The Executive of Women In Maritime Africa(WIMA) Nigeria chapter, penultimate week paid a condolence visit to the Chairman of Sifax Group, Dr.Taiwo Afolabi who is bereaved over the death of his twin brother, Mr. Kehinde Afolabi. Kehinde whose untimely death …
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By Frank Odinukaeze · Anaroke, Agbakoba, Capt. Iheanacho, Ajani, others bag Award · Digitization will reduce cost of doing business -Dr. Membere To meet up with the fast-changing trends in shipping and maritime activities globally, the International Maritime Organization(IMO) …
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Aishah Ahmad was appointed Deputy Governor at the Central Bank of Nigeria (CBN) on the 23rd March 2018. As Deputy Governor in charge of Financial System Stability, she is responsible for leading the effort to promote a sound financial system …
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The Lagos State Governor Babajide Sanwo-Olu, on the recommendation of the Advisory Council on the Prerogative of Mercy, has approved the release of 46 inmates from various correctional facilities across the State and commuted the death sentences of six inmates …
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October Ist of every year is marked as the day Nigeria got independence from her colonial masters: Britain 62 years after we are celebrating collapse of the national grid ,we are celebrating corruption, massive unemployment. We are celebrating Boko Haram, …
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For some time now, the nation has been plunged into a major blackout with the collapse of the national grid that has forced businesses and homes to rely on alternative sources of power, with its attendant cost implications. The last …
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Last week, MMS Plus, brought you views from the Dr. Taiwo Afolabi -led Board of Trustees(BOT) faction of the Association of Nigerian Licensed Customs Agents (ANLCA), where the Secretary of the Association, Alhaji Babatunde Mukaila gave their own side of …
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BY DR. EMI MEMBERE-OTAJI Dr. Emi Membere-Otaji is a Medical Doctor and Entrepreneur. He was the Guest Speaker at 2022 Annual Business Luncheon and Magazine Launch of the Women’s International Shipping and Trading Association(WISTA)Nigeria. He spoke on the theme: Innovation and …
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WISTA Nigeria had its 2022 Business Luncheon and Awards On Thursday, last week. Its was a day of honour for many people.
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The announcement last week by Governor Hope Uzodinmma of IMO State that the Federal Government had approved the dredging of Orashi River to the Atlantic Ocean, generated concerns and debate, compelling him however to make a volte-face on his earlier …
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By Frank Odinukaeze The Executive Secretary of the Nigerian Shippers’ Council (NSC), Hon. Emmamuel Jime has allayed fears that the cost of New Technologies to be adopted for greener shipping would not be borne entirely by the shipping community ,even …
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The Minister of Transportation, Engr. Mu’azu Jaji Sambo, has charged the Nigerian Maritime Administration and Safety Agency (NIMASA) to live up to its responsibility in the area of revenue generation. Engr. Sambo made this charge when he toured the facilities …
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By Frank Odinukaeze *Debunks Rumours Of N30bn Revenue loss Monthly There are indications that the Federal Government,may have concluded plans to unbundle the Nigerian Railway Corporation(NRC)in what it called three in one vision ,which might split the corporation into three …
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Honey is delicious and nutritious; there’s no doubt about it! The thing that makes honey really amazing is how it’s made. Many of us take honey for granted. We can simply go to the store and pick up some …
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The monthly shortfall in revenue remittances to the power sector stands at N35bn, the Executive Secretary of the Association of Power Generation Companies, Joy Ogaji, said on Thursday. This amounts to N420bn yearly. APGC is the umbrella body of …
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