Business Hilights

Tracking Nigeria's Headline Business News Online

Transcorp Hotels Plc

Transcorp Hotels records impressive turnaround in Q3 2021

With a 662% growth in profit Transcorp Hotels Plc, owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited Q3 results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and…

Transcorp Hilton Abuja Bags Four Awards

…Named Africa’s Leading Business Hotel for the Sixth Consecutive Year Transcorp Hilton Abuja has been honoured with four (4) awards including Africa’s Leading Business Hotel for the sixth consecutive year at the 27th annual World Travel Awards. The hotel, which…

Transcorp Hotels set to raise N10b rights issue

Core investors and shareholders of Transcorp Hotels Plc have authorised the Board of Directors to raise N10 billion in new equity capital from   shareholders as part of efforts to strengthen the capital base of the hotel and tourism company. At…

Transcorp Plc audited results show resilience with PAT of N3.71bn

More facts have emerged from the recently released Transnational Corporation of Nigeria Plc (Transcorp) audited financial statements for the year ended December 31, 2019. Whereas preliminary highlights of the result show the Group recorded a Turnover of ₦76.35 bn, Profit…