Jaguar Gets $705 million Loan From Chinese Banks

June 6, 2020 246

Financial Markets

Jaguar Landrover, the British auto group owned by India’s Tata Motors has obtained loans worth over 5 billion yuan or $705 million from Chinese banks, Reuters has reported. Arthur Yu,the luxury auto maker’s China chief Financial Officer said that the banks would provide a three year revolving loan to JaguarLandrover. Yu told reporters in Beijing […]Continue Reading

FG Deregulates Petrol Price

June 5, 2020 466

Oil & Gas

The Federal government has deregulated the price of petrol in the country ,today June 4,2020. This significant development was disclosed by the Executive Secretary of the Petroleum Products Pricing and Regulatory Agency, PPPRA ,Abdulkadir Saidu in an official statement released in Abuja on Thursday, June 4. The statement entitled, ‘’Market Based Pricing Regime for Premium Continue Reading

Makinde Inaugurates New Board For Igbeti Marble Co

June 5, 2020 815

Briefs Entrepreneurship

Governor Seyi Makinde of Oyo State has announced the inauguration of a new Board of directors for the ailing Nigerian Marble Mining Company, Igbeti which is jointly owned by the Oyo State and private investors. The ceremony was performed at government house, Ibadan June 4,2020. “While congratulating the new board members, I urged them to […]Continue Reading

Private Jet Operators Lose $5 billion To Covid-19

June 5, 2020 259

Aviation News

The Private Jet Operators Association in Nigeria have disclosed a loss of five billion dollars as a result of the COVID-19 pandemic. Omotade Lepe, Chief Operating Officer of the association, made this disclosure during the Luxury Reporter Facebook Live Series with the theme, “The Private Jets Sector Post- COVID-19″ held last week. Lepe stated that […]Continue Reading

FG Reopens Lagos, Abuja Airports,Three Others June 21

June 4, 2020 251

Aviation News

The Federal government has disclosed that it plans to re-open five major airports in the country on June 21. The others are expected to remain closed for further assessment. The airports scheduled for re-opening June 21 are : Nnamdi Azikwe International Airport Abuja, Murtala Muhammed International Airport, Lagos, Mallam Aminu Kano International Airport Kano, Omagwa […]Continue Reading

Lagos State Promises To Review Controversial Land Use Charge

June 4, 2020 340

News

Olowo who was speaking during the 2020 Ministerial Press Briefing to mark the first year in office of Lagos State Governor, Babajide Sanwo-Olu said that the state government plans to review the increase in land use charge assessment to accommodate the agitations of residents and to reduce the financial pressure on citizens as it relates […]Continue Reading