Transcorp Hotels posted a profit before tax of N10.5 billion in the first half of 2024, marking a 188 percent year-on-year improvement from the N3.6 billion posted in the corresponding period in 2023. This was disclosed in the group’s unaudited…
Transcorp Hotels Plc, the hospitality subsidiary of one of Africa’s leading, listed conglomerates Transnational Corporation Plc (Transcorp Group), has broken its own record as it posted a 72 percent increase in revenue to N13.8 billion in its released Q1 2024…
Transcorp Hotels Plc on Thursday said it had divested its 100 per cent interest in Transcorp Hotels Calabar Ltd., to Eco Travels and Tours Ltd., an indigenous hospitality company. Mr Stanley Chikwendu, Company Secretary, Transnational Corporation, disclosed this in a…
The Board of Transcorp Hotels Plc has appointed the Accountant-General of the Federation, Dr Oluwatoyin Madein as a Non-Executive Director. This was contained in the company’s notice sent to the Nigerian Exchange Limited (NGX) and the investing public. According to…
Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has appointed a former Corporate Affairs Commission (CAC) Registrar General, Alhaji Garba Abubakar as a non-executive Director. Hailed as one of the most reform-minded heads of agency in Nigeria during his…
Transcorp Hotels PLC, the hospitality subsidiary of Transcorp Group has announced its financial performance for the third quarter of 2023, showing a strong year-on-year growth on all indices. Transcorp Hotels Plc. is one of Africa’s leading hospitality companies, committed to…
The Nigerian Exchange Limited (NGX) has removed the Compliance Status Indicator (CSI) of BLS (Below Listing Standard) placed on Transcorp Hotels Plc. This was contained in a compliance report issued by the company and obtained by Nigerian NewsDirect. According to…
THE equities market on Monday opened the week on negative note, sheding N418 billion due to losses in largely capitalised stocks. The All-Share Index decreased by 766.56 per cent, representing a decline of 1.48 per cent, to close at 51,127.38…
Having reported N4.5 billion profit before tax (PBT) from its 2022 operations, the shareholders of Transcorp Hotel have approved N1.33 billion at 13 kobo per share dividend payout. The shareholders also at the 9th Annual General Meeting, commended the management…
Udechukwu Obi Osakwe has been appointed as Non-Executive Director of the leading hospitality brand Transcorp Hotels Plc, effective February 17, 2023, subject to the approval of shareholders. Osakwe’s appointment comes following the retirement of Mr. Alexander Adeyemi from the Board…
