The Securities and Exchange Commission has resumed talks with MTN Nigeria over the telco’s planned listing on the floor of the Nigerian Stock Exchange. The Director-General, SEC, Mr. Mounir Gwarzo, told journalists in Lagos on Wednesday that the conversation had …
Read More »
A total of N400bn was received in bribes by public officials within a period of one year, the National Bureau of Statistics said on Wednesday. The NBS stated this in its National Corruption Report, adding that 32.3 per cent of …
Read More »
The Acting President, Yemi Osinbajo, on Tuesday gave an approval to the Minister of Power, Works and Housing, Babatunde Fashola, to sign 615 pending land titles for applicants. Fashola disclosed this to State House correspondents after a closed doors meeting …
Read More »
The Nigeria Extractive Industries Transparency Initiative on Tuesday announced that its ongoing independent audit of the oil and gas industry covering 2015 recorded 94 per cent compliance by companies and relevant government agencies. According to the audit report, while 14 …
Read More »
The Nigerian Communications Commission has commenced a financial health check on major telecommunications operators in the country. The commission’s Executive Commissioner, Mr. Sunday Dare, stated this on Tuesday during a corporate governance executive workshop organised by the regulator in Lagos. …
Read More »
…approves new policy guidelines for contract execution The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government had received a total of 5,000 tips from Nigerians through the whistle-blower policy. She said this in Abuja during …
Read More »
The naira depreciated against the United States dollar at the parallel market on Tuesday to 370, down from 368/dollar on Monday. The local unit had closed at 367/dollar on Friday. The development followed lack of dollar sale by the Central …
Read More »
The Nigerian stock market recorded a N294bn decline on Tuesday, nearing its lowest level in two weeks. The market was dragged down by losses in banking, cement and fast-moving consumer goods sectors, as some investors took profits from previous gains …
Read More »
•Discos silent on independent metering The Federal Government has said that it will not oppose the wishes of electricity consumers that are willing to pay for meters from their distribution companies based on agreement between both parties as endorsed by …
Read More »
By Chidimma Efobi The Executive Secretary of the Nigerian Shippers’ Council (NSC), Mr. Hassan Bello has said the Truck Transit Park (TTP) proposed at Ogere in Ogun State can reduce the traffic gridlock in Lagos ports. Mr. Hassan Bello made …
Read More »
The Chairman, Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler says with the introduction of Voluntary Assets and Income Declaration Scheme (VAIDS), no Nigerian can evade tax payment. Fowler said this at the 138th Quarterly Meeting of the Joint Tax …
Read More »
The President, Dangote Group, Alhaji Aliko Dangote, on Monday disclosed that the company would invest $450m in agriculture development in Niger State over the next three years Dangote, who made this known during the 2017 Niger State Investment Summit in Minna, …
Read More »
In 10 years, Nigeria accumulated a total of $201.2bn in Excess Crude Account, which it squandered within the same period. The Nigeria Extractive Industries Transparency Initiative stated this in its Occasional Paper (Issue 2) made available to our correspondent in …
Read More »
The Lagos State Government has raised N85.14bn in the Series 2 Bond Issuance for the purpose of improving physical and social infrastructure in the state. The Lagos State Commissioner for Finance, Mr. Akinyemi Ashade, was quoted in a statement on …
Read More »
For the umpteenth time, the Federal Government has been reminded of its pledge and responsibility to drive the economy back to stability, use homegrown resources that are available to sustain growth and implement faithfully its fiscal plans, which include effective …
Read More »
The U.S. Trade and Development Agency (USTDA) has approved a grant of $1 million (N360 million) for the detailed engineering design of 20,000 barrel per day (bpd) modular refinery in Lagos. Mr Enyeribe Anyanwu, Head, Media Communications of Integrated Oil …
Read More »
The Lagos Chamber of Commerce and Industry has advised the National Assembly to apply greater discretion while exercising its investigative powers so as to avoid distraction to private sector players, erosion of investors’ confidence and collateral damage to the economy. …
Read More »
The Federal Government, last week Friday, Sacked the Manager of Idu and Rigasa train station including all the ticket sellers and porters involved in extorting money from passengers. The Federal Government, through the Minister of Transportation, Mr. Rotimi Amaechi explained …
Read More »
By Kenneth Jukpor The maritime industry in Nigeria and elsewhere is seen as a veritable engine of growth of national economic development and a catalyst to any sustainable transformation agenda. Maritime is a sector that can be a notable contributor …
Read More »
MMS Plus had this exclusive interview with Mr. Jerry Attah, The Public Relations Officer (PRO) of the Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone “A”, Ikeja with a view to appraising the activities of the command in the …
Read More »
MMS PLUS NG – Maritime, Aviation, Business, Oil and Gas News Online Newspaper with coverage in Maritime, Oil and Gas, Aviation, Power and Energy as well as Financial News
