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Daily Archives: June 3, 2020

Pains of failed Executive Order linger at seaports

Importers ‘lose N15tr to pandemic’ in Lagos ports

Hopes were raised amid optimism and expectations of better days ahead when the Presidential Order was declared at the nation’s seaports in 2017, but three years after, the whole thing came out in utter disappointment. The Executive Order was meant ...

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Govt invites investors to bid for 57 oil fields

Govt invites investors to bid for 57 oil fields

The Federal Government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part of efforts to develop oil and gas discoveries that had been left unattended to for many years. The DPR disclosed ...

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Foreign reserves gained $2.7bn in one month –CBN

Foreign reserves gained $2.7bn in one month –CBN

The nation’s foreign reserves rose by $2.7bn in May after declining for several months, figures from the Central Bank of Nigeria showed on Tuesday. According to the CBN, the foreign reserves, which stood at $33.52bn as of April 30, 2020, ...

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Lagos, Abuja, three airports to reopen June 21 – FG

Lagos, Abuja, three airports to reopen June 21 – FG

Ahead of the June 21 date for the resumption of domestic flights in the country, the Federal Government has said only five airports will be operational while others are to remain closed for further assessment. This was contained in a ...

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