August 2021

2021 Half Year Results: Revenue of Transcorp Hotels rises by 84% in Q2 

Transcorp Hotels Plc has announced its un-audited financial statements for the half year ended June 30, 2021. The results published on the Nigerian Exchange Group showed that revenue rose by 84% to N8.4bn from N4.5bn in June 2020, while total assets rose by 5.27% to N119bn from N113bn during the period under review. Shareholders’ funds stood at N61bn, maintaining…

Insecurity: Labour leader bemoans level of kidnapping

…Seeks adequate security of Ekiti workers By Mike Adebayo, Ado-Ekiti Security agents have been admonished not to relent in finding effective and lasting solutions to insecurity menace in the country, Nigerian NewsDirect reports. Chairman of the Nigeria Labour Congress (NLC),…

Rivers: Abe, supporters boycott APC Ward Congress

…Sue for calm among members Barth Ndubuwah, Port Harcourt The former Senator representing Rivers South East at the National Assembly, Sen. Magnus Abe’s led faction of the All Progressives Congress (APC) in Rivers State has boycotted the Saturday ward Congresses…