TRENDING HOTEL NEWS

• In a business growth forum last  week organized for its customers in the hospitality sector, the Group Managing Director/Chief Executive Officer. Access Bank Plc, Mr. Aigboje Aig-Imoukhuede said among other things that the bank is committed to funding the hospitality industry. He went further to state that the capital intensive nature of the industry and the lack of trust in the hotel employees.

• The ancient city of Ile Ife will be agog Monday as the three day celebration of Oranmiyan, arguably the most deified of the whole Yoruba deities, begins.Oranmiyan is the only Yoruba King that was confirmed to have established other towns, like Oyo and Benin, became their King and later returned to his abode and also became a King before his eventual transformation as denoted in the Oranmiyan Cenotaph.

OranmiyanstaffThe Oranmiyan Cenotaph is a renowned tourist centre that has drawn million of visitors to Ile-Ife and has continued to do same. Oranmiyan is a religion to many in Yoruba land as it is being worshiped while they visit the Cenotaph to pay homage and reverence to the deity.

Speaking ahead of the celebration, Oba  Abimbola Akinyele, the Olu of  Famia Ife said the celebration is to set the record straight as some people are claiming Oranmiyan as theirs.

Oranmiyan was one of the seven sons of Okanbi, the only child of Oduduwa, the progenitor of the Yoruba.

The legend, Oranmiyan, despite being the grandson of Oduduwa was the pioneer Alaafin of Oyo. He was famed as a strong enigmatic leader who led his people into a path of greatness that lasted several centuries, leaving a heritage that lasts till today.

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The Project Director, Prime Exchange Limited, a real estate development company, Mr. Lanre Mabinuori, has identified paucity of funds as one of the major factors militating against massive property development in the country.He said this during a seminar for the company’s marketing network team in Lagos on Saturday.Mabinuori, who said many banks were not willing to lend to estate developers, added that a few that were willing to do so attached stringent conditions, which did not make such loans attractive.“One expects that if there is one industry the banks must help to develop, it should be the estate development and management industry, but this is not so. A few of them that show interest to help always attach stringent conditions to any loan they are granting, which at the end of the day makes it unattractive,” he said