MMS Plus Weekly
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2 Act 5 PLUS PLUS weekly ...the beacon of maritime, finance, aviation, oil & gas business INFLUENTIAL INFLUENTIAL NEWSPAPER MARITIME MANAGEMENT SERIES www.mmsplusng.com Vol. 5 No. 20 | Mon. 2015 February 2, - Mon., February 9, Shippers’ Guide 10 11 Mrs Toyin Sanni is the Group Chief Executive Officer of Unity Capital Trustees Limited. She is a lawyer, Chartered Secretary and a Stockbroker with over twenty five years experience. This beautiful and courageous is in the executive board of many high profile organisations and has chaired so many committees to better the lot f the economy.. Her comportment and resolute stance for excellence stand her out . She wishes you a tantalising week. Selection of Woman of Fortune is based on individual’s contribution to the development of the maritime, oil & gas industry. Send your photograph, message, name and position to [email protected] 2 Trade Verdict The WATC OT HU BY EXPERTS Prince Olayiwola Shittu National President, ANLCA Chief Eugene Nweke National President, NAGAFF Otunba Kunle Folarin Chairman, Ports Consultative Council Mr. Basil Agboarumi GM, Corporate Affairs, SAHCOL Comrade Joseph Ajaero Secretary General, National Union of Electricity Employees (NUEE) PLUS PLUS weekly ...the beacon of maritime, finance, aviation, oil & gas business INFLUENTIAL INFLUENTIAL NEWSPAPER MARITIME MANAGEMENT SERIES On Monday February 9th, 2015 Edition t last, the Council for the Regulation of Freight Forwarding in Nigeria A (CRFFN)is to commence the collection of practicing fees in the port. The levy billed to commence in February according to sources is awaiting ministerial approval. The categories of levies to be collected depend on the collective decision of the leadership of the various five registered freight forwarding associations which have been engaged in a series of meetings on the subject matter. Earlier, however, CRFFN and the associations had agreed that N2,000 should be paid for a 40ft container, N1, 000 for 20ft container, N500for everycar and N1, 000for trucks cleared by the agents in the port. But the Nigerian doing business in the he Director of Department of Petroleum Resources T (DPR) Engr. George Osahon has said that the banks in the country are not capable of financing deep offshore explorations. This situation, he said was as a result of their low capital base which is not enough to cover the cost of a deep offshore exploration. The DPR helmsman added that the total assets of the five leading banks in country were not enough to fund a deep offshore exploration. Transport Minister Consents To CRFFN Cargo Levy 3 Over N10 billion to be generated Freight associations get life-line Stakeholders Seek Expansion Of Local Firms' Investment In Stock Market ith oil trading down 50% year-over-year — the commodity W touched a six-year-low just this week — it should come as no surprise to investors that the nation's second largest oil producer, Chevron CVX -1.39%, saw its top and bottom line earnings results affected by the plunge in prices. Chevron reported both its fourth quarter earnings results and 2015 capital spending plan Friday morning and, in an echo of what competitor ConocoPhillips COP +0.06% announced on Thursday, said that all are lower because of crumbling crude. Chevron recorded $46.09 billion in fourth quarter revenue, a figure that marks an 18% drop compared Chevron Count Losses As Crude Price Continues To Fall A Burden Of Bond And Trust Nigerian Banks Incapable of Funding Deep Offshore Exploration – DPR Boss How To Become A Merchant Navy
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Transcript of MMS Plus Weekly
2Act
5
PLUS PLUS
wee
kly
...the beacon of maritime, finance, aviation, oil & gas business
INFLUENTIALINFLUENTIALINFLUENTIALNEWSPAPER
MARITIME MANAGEMENT SERIES
www.mmsplusng.com Vol. 5 No. 20 | Mon. 2015February 2, - Mon., February 9,
Shippers’Guide
10
11
Mrs Toyin Sanni is the Group Chief Executive Officer of Unity Capital Trustees Limited. She is a lawyer, Chartered Secretary and a Stockbroker with over twenty five years experience. This beautiful and courageous is in the executive board of many high profile organisations and has chaired so many committees to better the lot f the economy.. Her comportment and resolute stance for excellence stand her out . She wishes you a tantalising week.
Selection of Woman of Fortune is based on individual’s contribution to the development of the maritime, oil & gas industry. Send your photograph, message, name and position to [email protected] 2
Trade
Verdict The WATC O TH UBY EXPERTS
Prince Olayiwola ShittuNational President, ANLCA
Chief Eugene NwekeNational President, NAGAFF
Otunba Kunle FolarinChairman, Ports Consultative Council
Mr. Basil AgboarumiGM, Corporate Affairs, SAHCOL
Comrade Joseph AjaeroSecretary General,National Union of Electricity Employees(NUEE)
PLUS PLUS
wee
kly
...the beacon of maritime, finance, aviation, oil & gas business
INFLUENTIALINFLUENTIALINFLUENTIALNEWSPAPER
MARITIME MANAGEMENT SERIES
On Monday February 9th, 2015 Edition
t last, the Council for the Regulation of Freight Forwarding in Nigeria A
(CRFFN)is to commence the collection of practicing fees in the port.The levy billed to commence in February according to sources is awaiting ministerial approval.
The categories of levies to be col lected depend on the collective decision of the leadership of the various five registered freight forwarding associations which have been engaged in a series of meetings on the subject matter.Earlier, however, CRFFN and
the associations had agreed that N2,000 should be paid for a 40ft container, N1, 000 for 20ft container, N500for everycar and N1, 000for trucks cleared by the agents in the port.But the Nigerian doing business in the
h e D i r e c t o r o f D e p a r t m e n t o f Petroleum Resources T
(DPR) Engr. George Osahon has said that the banks in the country are not capable of financing deep offshore explorations. This situation, he said was as a result of their low capital
base which is not enough to cover the cost of a deep offshore exploration. The DPR helmsman added that the total assets of the five leading banks in country were not enough to fund a deep offshore exploration.
Transport MinisterConsents To CRFFNCargo Levy
3
Over N10 billion to be generated Freight associations get life-line
Stakeholders Seek
Expansion Of Local
Firms' Investment
In Stock Market
ith oil trading down 50% year-over-year — the commodity W
touched a six-year-low just this week — it should come as no surprise to investors that the nation's second largest oil producer, Chevron CVX -1.39%,
saw its top and bottom line earnings results affected by the plunge in prices. Chevron reported both its fourth quarter earnings results and 2015 capital spending plan Friday morning and, in an echo of what competitor ConocoPhillips COP
+ 0 . 0 6 % a n n o u n c e d o n Thursday, said that all are lower because of crumbling crude.Chevron recorded $46.09 bill ion in fourth quarter revenue, a figure that marks an 18% drop compared
Chevron Count Losses As
Crude Price Continues To Fall
A Burden
Of Bond
And Trust
Nigerian Banks Incapable of Funding
Deep Offshore Exploration – DPR Boss
How To Become A
Merchant Navy
