Private Jet Operators Lose $5 billion To Covid-19

June 5, 2020 401

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 362

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 520

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

Buhari Designates Telecoms Towers As Critical National infrastructure

June 4, 2020 758

Information Technology News

President Muhammadu Buhari has designated telecommunications masts ,towers and booster stations deployed by GSM network operators as critical national infrastructure .The President has also ordered security agencies especially the Department of State Security, DSS to do all they can to protect them. According to a statement signed by the spokesperson to the Minister of Continue Reading

Gbadegesin Appointed MD/ CIO of ARM-Harith Infrastructure

May 15, 2020 384

Banking & Finance News

ARM Harith Infrastructure Fund Managers (Armhif) has recently appointed Tariye Gbadegesin as its Managing director and Chief Investment Officer,CIO. ARM Harith Infrastructure Fund Managers (Armhif) is a Joint Venture between Asset & Resource Management Company Ltd (ARM), a Nigerian institutional investor with US$2.3 billion of assets under management and Harith General Continue Reading

Africa Finance Corporation Responds to Moody’s Rating Decision

May 8, 2020 437

Banking & Finance News

African Finance Corporation AFC has been reacting to its rating by Moody’s Investor Services which turned from stable to negative due to the covid-19 pandemic recently. On May 6,2020 the AFC noted that Moody’s Investor Services affirmed the Africa Finance Corporation’s (“AFC” or “the Corporation”) long-term issuer and senior unsecured ratings at A3. Concurrently, Moody’s Continue Reading