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NNPC sells $120.49m volume of oil, gas as trading surplus dips

Gas supply increase raised power generation by 3,358MW – NNPC

The Nigerian National Petroleum Corporation (NNPC), yesterday, said the country exported $120.49 million worth of crude oil and gas in September 2020. Although the development is a 16.28 per cent improvement over the $100.88 million figure posted in the preceding ...

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COVID-19: How Cabals Hijacked N4bn Airlines’ Bail-out Funds

COVID-19: How Cabals Hijacked N4bn Airlines' Bail-out Funds

* Ministry, NCAA abandoned criteria – Iyayi * We didn’t influence sharing – Ministry By Kenneth Jukpor & Ayoola Olaitan Some cabals have hijacked the N4billion airlines’ bail-out fund provided by the Federal Government to salvage airlines following the economic ...

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AfCFTA: Where Is Africa’s Dumpsite

AfCFTA: Where Is Africa’s Dumpsite

By Kenneth Jukpor Africa’s historic milestone to boost its regional trade with the African Continental Free Trade Area (AfCFTA) has taken effect, even as it leads to Nigeria’s doomsday as the treaty is implemented with the nation at a disadvantageous ...

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Amazing Amanda

Amazing Amanda

Amanda Obidike is an advocate of safe spaces for people living with disabilities. Co-founder at Initiative for National Growth, she focuses on building social and emotional capacity in differently-abled persons and training caregivers. She sits on the Board of Directors ...

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ECONOMY: Nigeria’s Debt Stock Rises by 17.60% in 9 Months 2020 on USD3.45 billion IMF Loan…

ECONOMY: Nigeria Exits Recession by 0.11% Rise in Q4 ‘20 Real GDP; Records 16.47% Inflation in Jan ‘21…

CWR, Cowry Weekly Financial Market Review Outlook Friday, January 15, 2021

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BULLS: NRC Goes Digital 

BULLS: NRC Goes Digital 

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 ...

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BEARS: Buhari’s Disabled Pigeon

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 ...

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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 ...

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Nigeria’s Maritime Sector Lacks Data To Make Forecasts – Maiguwa

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 ...

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Why Nigeria’s Economy Can’t Make Rapid Progress

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 ...

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How to Start a Solar Energy Business in Nigeria 

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 ...

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SIFAX Rewards 46 Staff At 2020 Long Service Award Ceremony

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 ...

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Benin Magistrate Court Sentences Stripped Tricycle Rider Who Assaulted FRSC Personnel

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, ...

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96 firms bid to rehabilitate NNPC pipelines, terminals

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 ...

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CBN issues new guidelines on e-payment, fintech development

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. ...

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Nigeria’s daily oil production sinks to 1.17 million barrels

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, ...

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FG bans assemblies, overcrowding, others as schools resume Monday

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 ...

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Osinbajo, Kyari, others meet oil majors over PIB

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 ...

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Barca reach Spanish Super Cup final after Ter Stegen penalty heroics

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 ...

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CBN procedures creating bottlenecks for exports – Exporters

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, ...

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