The immediate past Comptroller-General of the Nigeria Customs Service (NCS), Dikko Inde Abdullahi Dikko, who died on Thursday at the age of 60, has thrown the Customs Service and the entire port sector into an ambience of grief. Dikko, who ...
Read More »BULLS: ‘Doctor Of Letters’
A renowned professor of History and African Studies and university professor at the University of Texas, Austin, Toyin Falola has bagged academic D.Litt. from the University of Ibadan. The 68-year-old don becomes the first academic awardee of the D.Litt. in ...
Read More »Infra-Co: A New Nigeria Or A Money Conduit Pipe ?
By Kenneth Jukpor & Yusuf Odejobi In a bid to bridge the nation’s growing infrastructural deficit, President Muhammadu Buhari last week approved the establishment of a Public-Private Partnership (PPP) Infrastructure company known as “Infra-Co”. According to the Presidency, Infra-co would wholly focus ...
Read More »Ezenwa @70: Maritime Sector Celebrates An Icon
The 70th birthday celebration of Chief Mrs. Chinwe Ezenwa attracted an array of maritime stakeholders, friends, family relations and lots of well-wishers. MMS Plus was there to capture these photos.
Read More »How To Identify Importers With Suspicious Cargoes – Olanrewaju
By Kenneth Jukpor & Yusuf Odejobi Alhaji Hakeem Olanrewaju is a former Governing Board Chairman of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN). He is also a Co-Founder of the Congregation of Registered Freight Forwarding Practitioners of ...
Read More »What To Do When You Miss Your Flight
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 what to ...
Read More »Customs target N1.47tn, Senate condemns duty collection outsourcing
The Comptroller General of the Nigeria Customs Service, Col. Hameed Ali (retd), told the Senate on Thursday that the agency was targeting a total of N1.47tn revenue this year. He stated this when he appeared before the Senator Francis Alimikhena-led ...
Read More »FG plans N493.4bn revenue from national assets’ sale
The Federal Government plans to earn a total of N493.4bn from the sale or concession of about 36 of its assets across the country. Some the assets up for sale or concession include the country’s refineries, the International Conference Centre ...
Read More »Investors lose N130bn as 30 stocks slump
Investors in the nation’s stock market lost N130bn on Thursday as 30 firms saw their share prices decline at the end of trading. The Nigerian Stock Exchange All-Share Index fell by 0.63 per cent to 40,212.19 basis points from 40,465.32bps ...
Read More »Banks cut borrowings from CBN over excess liquidity
Deposit Money Banks have continued to reduce their borrowings from the Central Bank of Nigeria. The CBN attributed this new development to excess liquidity in the system. Banks borrowed N15.95bn from the CBN in the Standing Lending Facility window in ...
Read More »NNPC, marketers differ on petrol price, queues surface
The Nigerian National Petroleum Corporation on Thursday said it had not effected any increase in the ex-depot price of Premium Motor Spirit and as such the pump price of the commodity had not been hiked. But on the other hand, ...
Read More »Banks turning female marketers to sexual slaves – Senator
The Senate, on Thursday, considered a bill seeking to stop employers in the private and public sectors from engaging employable Nigerian graduates as casual workers. The Prohibition of Casualisation Bill 2020 was sponsored by Senator Ayo Akinyelure. Akinyelure said casualisation ...
Read More »Discos to pay for energy rejection – NERC
Power distribution companies that reject electricity load due to constraints in their networks will now have to pay for the capacity charge of the rejected energy, the Nigerian Electricity Regulatory Commission said on Thursday. On several occasions, power generation and ...
Read More »Fayose, liability to PDP, says ex-National Assembly member
A former Senate Deputy Chief Whip, Senator Hosea Agboola, who is a political ally of Oyo State Governor, Seyi Makinde, has said former Ekiti State governor, Ayo Fayose, is more of a liability to the Peoples Democratic Party than an ...
Read More »Guardiola inspires Man City masterclass, Liverpool face Everton test
As Manchester City power towards the Premier League title, the question is not whether Arsenal can stall the leaders, but is this Pep Guardiola’s finest achievement in his Etihad reign? Liverpool were expected to push City all the way but ...
Read More »Ibrahimovic, Lukaku rematch as Milan rivals clash for Serie A top spot
AC Milan and city rivals Inter renew their duel for top spot in Serie A on Sunday in a third clash this season between star strikers Zlatan Ibrahimovic and Romelu Lukaku as champions Juventus play catch-up. Antonio Conte’s Inter went ...
Read More »Ex-Customs CG, Dikko, dies at 60
The immediate past Comptroller-General of the Nigeria Customs Service, Abdullahi Dikko, is dead, media has learnt. It was learnt that the Katsina State indigene, who led the NCS from 2009 to 2015, died after a protracted illness. The former customs ...
Read More »External reserves down by $565m in two weeks
The country’s external reserves dipped by $565m from $36.198bn as of February 1, to $35.633bn as of February 15, latest figures from the Central Bank of Nigeria revealed on Wednesday. The reserves which had gained in recent weeks started a ...
Read More »Use of cryptocurrencies, a concern – IMF
The International Monetary Fund has called for caution in the use of cryptocurrencies, describing it as a concern. It disclosed this during a virtual briefing on the recently published 2020 Article IV IMF Staff Report for Nigeria. The Resident Representative ...
Read More »Fuel price hike looms nationwide as marketers meet
Marketers of Premium Motor Spirit, popularly called petrol, on Wednesday met in Abuja on matters regarding the price of the commodity. Although most filling stations in Abuja and neighbouring states of Nasarawa and Niger dispensed PMS at the approved N162/litre ...
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