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Tag: Transcorp Hotels Plc

Transcorp Hotels becomes first Nigerian firm to pass N1tn market cap
Business

Transcorp Hotels becomes first Nigerian firm to pass N1tn market cap

A hospitality subsidiary of Transnational Corporation Plc, Transcorp Hotels Plc, is Nigeria’s first hospitality organization to cross the N1 trillion market capitalization threshold, admitting it to the SWOOTs (Stocks Worth Over One Trillion) club. Transcorp Hotels Plc (TRANSCOHOT) gained 7.24% at the NGX on Wednesday, January 10, 2023, to close at a share price of N100, bringing […]

Transcorp Hotels becomes first Nigerian firm to pass N1tn market cap
Business

Transcorp Hotel, tech firms record highest returns

Transcorp Hotels Plc provided investors with a higher return on investment in terms of capital gain in 2023 when compared to other companies listed on the Nigerian Exchange Limited. According to The PUNCH, the hospitality/tourism industry began the year at N6.25 per unit and completed the year at N70.18 per share. This amounted to a […]

Transcorp Hotels names Garba Abubarkar, Adesimbo Ukiri non-executive directors
Appointments

Transcorp Hotels names Garba Abubarkar, Adesimbo Ukiri non-executive directors

Transcorp Hotels Plc’s board of directors has declared that Ms. Adesimbo Ukiri has been appointed as a non-executive director and Mr. Garba Abubarkar has been appointed as an independent non-executive director. According to Nairametrics, this was stated in a notice sent to the Nigerian Exchange Limited and the investing public. The notice, which is signed by […]

Transcorp director Helen Iwuchukwu steps down
Business

Transcorp director Helen Iwuchukwu steps down

Transcorp Hotels Plc’s Board of Directors has announced Helen Iwuchukwu’s resignation as Non-Executive Director. According to Nairametrics, this information was provided in a corporate action that was submitted to the Nigerian Exchange and retrieved by Nairametrics. An excerpt from the formal announcement, which was signed by the acting group company secretary, Funmi Olofintuyi, is provided below: The Board […]

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