*Allegedly sponsors aviation unions to resist compliance * “NRC MD can’t walk, not fit for work”- PRO By Nkem Osuagwu & Oyeniyi Iwakun Three months after the Federal Ministry of Transportation gave the directive for five percent Passenger Service Charge …
Read More »
South Energyx Nigeria Limited, developers of Eko Atlantic City and real estate investment firm, Fine and Country, as well as other stakeholders are partnering to woo investors to Nigeria’s real estate market. The Vice-Chairman of South Energyx Nigeria Limited, Mr. …
Read More »
Although Nigeria and many of the African countries are admired for being commodity markets, a study of importation in the country shows that Nigeria has spent as much as N19.5tn on the importation of primary raw materials into the country …
Read More »
The federal, state and local governments shared N2.788tn between January and June this year, representing a 38 per cent increase over the N2.019tn shared in the first half of 2016. According to the Quarterly Review of the Nigeria Extractive Industries …
Read More »
Traders under the aegis of Henshaw Town Beach Market Traders’ Union on Saturday shut down the popular Marina Beach Market in Calabar, Cross River State over an alleged imposition of high levies by government agents. The aggrieved traders, protesting against …
Read More »
By Anthonia Efobi The general public should beware of some mischievous scammers who have created facebook accounts claiming to be Ms. Hadiza Bala-Usman, the Managing Director of Nigerian Ports Authority (NPA). These scammers can patiently build up a relationship with …
Read More »
The National President, Federation of Bee keepers Association of Nigeria, Dr Bidemi Ojeleye, has said that Nigeria will start exporting bees to other countries next year. Ojeleye said this on Friday noting that a European Union team had visited Nigeria …
Read More »
The National Association of Government Approved Freight Forwarders (NAGAFF) has cautioned the Association of Nigerian Customs Licensed Agents (ANLCA) on a statement termed “unguarded utterance of NAGAFF” in its communiqué after ANLCA’s National Executive Council (NEC) meeting in Port Harcourt. …
Read More »
The Nigerian Security and Civil Defence Corps (NSCDC) said it had discovered an illegal refinery, operated in a rented apartment in Sokoto state. The NSCDC Commandant in the state, Babangida Dutsin-ma, made this known in an interview with journalists on …
Read More »
Despite the injection of a N701 billion assurance guarantee for gas supply to the power sector, the electricity grid has continued to fluctuate, ending at less than 3,400 megawatts (mw) since the last one month. The Nigerian System Operator (NSO) …
Read More »
The price of Liquefied Petroleum Gas (LPG), otherwise called cooking gas, has dropped by 30 percent from N400 per kilogram (kg) in May to N280 per kg currently. According to a market survey carried out at different parts of the …
Read More »
The richest man in Africa’s, Aliko Dangote, has revealed his plans to invest $20 billion to $50 billion in the U.S. and Europe by 2025, in industries including renewable energy and petrochemicals. The 60-year-old Nigerian cement tycoon aims to move …
Read More »
With an ambitious plan to double the volume of liquefied natural gas (LNG) imports this year, the government has planned to ink multibillion-dollar state-to-state gas supply contracts with big African producers – Nigeria and Algeria. Pakistan is currently importing 4.5 …
Read More »
Worried over the alleged $1billion spent so far on the construction of the Obite-Ubeta-Rumugi 42.5 kilometre 42″ Gas Pipeline Project (OUR) in Rivers State, the Senate has begun a holistic investigation of Total E&P Nigeria Limited (TEPNG). Consequently, the Senate …
Read More »
Following the seven-day ultimatum by the National Union of Air Transport Employees (NUATE) to Skyway Aviation Handling Company Limited (SAHCOL) to review the Conditions of Service of its workers, SAHCOL has begun to discuss better terms of service for its …
Read More »
The Lagos Chamber of Commerce and Industry has commended the Senate for coming up with the initiative tagged the National Assembly Business Roundtable. The Director-General of the chamber, Mr. Muda Yusuf, gave this commendation in a statement where the LCCI …
Read More »
Alternatio Navitas, a Lagos-based company with presence in the United Kingdom and China, has unveiled its off-grid solar home system in Nigeria to meet the electricity needs of households as supply from the national grid remains inadequate. The company, which …
Read More »
The Nigerian National Petroleum Corporation on Thursday said two private Nigerian companies had been selected to build two refineries in Port Harcourt and Warri under the co-location initiative of the Federal Government. The co-location initiative, introduced by the Minister of …
Read More »
The Federal Government has commenced an independent audit of remittances of its funds into the Treasury Single Account by Deposit Money Banks. The TSA is a platform used by the government to unify all its accounts by ensuring that all …
Read More »
The naira is seen weakening against the United States dollar on the black market in the coming days as demand for the dollar increases. Stakeholders and industry analysts, however, said the local unit was expected to trade within a range …
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
