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Author Archives: mms plus

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Banks, Customers Lose N4bn To Electronic Frauds – CBN

CBN targets one million jobs through youth entrepreneurship programme

The banking industry and bank customers have lost N4bn to electronic frauds from the time the authorities began tracking the incidence and now, the Central Bank of Nigeria has said. The Deputy Governor, CBN, Mr. Suleiman Barau, said this when ...

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Veroniculus Veronica

Veroniculus Veronica

Veronica Lawrence is the Chief Operating Officer,  African-American Investment Partners, a US based firm with specialization on attracting investment into Africa. Veronica was in Nigeria recently and attended the 2015 MMS Hall of Fame induction ceremony. She has her expertise also ...

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MMS Hall Of Fame: Women Advocate More Representation In Buhari’s Government

MMS Hall Of Fame: Women Advocate More Representation In Buhari’s Government

Onwenu: IDPs need our help Women seek own bank Women have called on the Federal Government to focus its Corporate Civic Responsibility (CRS) initiative towards more representation of the gender in the administration of President Mohammadu Buhari and his fight ...

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Apapa Gridlock: We’ve Lost Fortunes In Dollars – Bukar

Recession: Dangote sacks 36 expatriates, 12 Nigerians

Alhaji Isa Bukar Managing Director of Greenview Development Nigeria Limited one of the Terminal Operators in Apapa port. In this interview, Bukar gives details of how the traffic situation in Apapa port has affected the operations of the company and ...

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Red Light: Pushing Legal Boundaries

Red Light: Pushing Legal Boundaries

The recurring incidence of robberies while waiting for the red  light traffic, after dark, in Lagos metropolis have become worrisome, motorists have taken to beating the traffic light once it is past 9pm in a bid to avoid being robbed ...

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CSR: Is Leadership Being Environmentally Sensitive?

CSR: Is Leadership Being Environmentally Sensitive?

Most businesses in Nigeria still acts strictly in terms of profit and loss alone, this is not so strange since corporate organizations in Nigeria are hardly familiar with the concept of community relations or are they aware of what their ...

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BEARS: BAD MANNERS

BEARS: Reckless Police Officer

What could be said about a person who walks into a bank, sees people on a queue, ignores them, walks straight to the counter and attempts to make a transaction as though the humans who are orderly on the queue ...

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President Inaugurates SCC’s $150m Steel Pipe Mill Factory

President Inaugurates SCC’s $150m Steel Pipe Mill Factory

The effort of the federal government towards making gas accessible and affordable to Nigerians through its National gas master plan received a boost with the inauguration of a new ultra modern $150 million steel pipe mill by President Muhammadu Buhari. ...

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FAAN Poised To Generate N70billion Revenue Annually

FAAN Poised To Generate N70billion Revenue Annually

If all loopholes are closed and revenue systems automated, the Federal Airports Authority of Nigeria (FAAN) can increase its annual revenues from the present N45 billion to about N70 billion. With the huge revenue generation, the agency, according to sources, ...

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Air Force To Set Weight Limits For Pilots

Air Force To Set Weight Limits For Pilots

Air Force leaders have come up with the decision to restrict pilots weighing less than 136 pounds from flying the F-35A Lightning II due to safety concerns about the ejection seat in a portion of the flight envelope. According to ...

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3 Rescued 8 Missing From Vessel Collision

3 Rescued 8 Missing From Vessel Collision

Three crew members have been rescued by the Search and Rescue personnel of the Nigerian Maritime Administration and Safety Agency (NIMASA) and recovered one body while eight person are still missing, from an incident which occurred about 65 miles from ...

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WACT BOOSTS TRADE IN NIGERIA

WACT BOOSTS TRADE IN NIGERIA

West Africa Container Terminal (WACT) Onne has impacted trade & economic activities in Nigeria by increasing the competitiveness of the port,making it attractive for shipping lines to sail directly from Asia, particularly China, America and Europe to Onne with vessels ...

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BULLS: Cave Men

BULLS: Congrats Aisha & Obiageli

Recently, some maritime reporters were invited to an event in Lagos, but they did not show up, may be for the fear of being denied “Brown Envelopes”.  In turn the organizers became happy that they did not show up because ...

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Operating A Modern Port System In Nigeria

Shippers Council, Customs Synergize To Enhance Nigerian Ports Efficiency

The Executive Secretary/ Chief Executive Officer (CEO) Nigerian Shippers’ Council, Barr. Hassan Bello is at the front burner of innovative projects in modern ports infrastructural development as the top man of the Council that has been assigned the role of ...

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A Gathering of The Eagles In Lagos, A Voice of Stallion

A Gathering of The Eagles In Lagos, A Voice of Stallion

It was a gathering of industries’ Eagles. The United States of America and Africa, in good context were represented. It was a day light event that seemed like a night of stars assembled for a historic performance in commemoration of ...

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No Plans To Sell Refineries, JV Assets – Osinbajo

Expect Changes In Nation’s Ports, Business Visas, Others -Osinbajo

Vice President Yemi Osinbajo has said the Federal Government is not currently planning to sell the nation’s four refineries or part of its stakes in joint venture assets in the oil and gas sector. The Group Managing Director, Nigerian National ...

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Tier-2 Banks More Exposed To Oil & Gas Sector

Tier-2 Banks More Exposed To Oil & Gas Sector

Tier-2 banks are over ex­posed to the bad debts in oil and gas sector with the al­location of 27.4 per cent of gross loans to the sector as against Tier-1 banks’ 26.5 per cent. Interest in the lend­ing structure of the ...

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91 Firms Bid For NNPC Crude Oil Freight Contract

We Lost N50bn To Oil Thieves In 9 Months – NNPC

The Nigerian National Petroleum Corporation (NNPC) yesterday announced that 91 companies have bided to secure contracts for the provision of Coastal and Bunkering Vessel Services for lifting and delivering of its crude oil. Group Managing Director of NNPC, Dr. Ibe ...

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Devalue The Naira, IMF Urges Nigeria

Naira crashes to 516 as dollar scarcity widens

The IMF is pressing Nigeria to further devalue its currency amid uncertainty over the political and economic outlook for Africa’s biggest oil producer and economy a news agency has reported. The report quoted Antoinette Sayeh, the International Monetary Fund’s Africa ...

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Nigerians To Pay 40% More On Electricity Next Month

Electricity: NERC Increases Tariffs, Scraps Fixed Charges

Plans have been concluded to increase electricity tariffs by as much as 40 per cent for some customers next month as a fall in the value of the naira and rising costs hinder efforts to end daily blackouts in Africa’s ...

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