Hotels in Nigeria are on the verge of collapsing following rising operating costs
Transcorp Hotels has seen its revenues ravaged by COVID-19 induced lockdowns and implementing measures to save itself from further losses.
The company admitted that the hospitality industry is one of the hardest hit of the COVID-19 pandemic.
Transnational Corporation of Nigeria Plc (Transcorp) has announced significant appointments to its Board and Executive Management.
Transcorp Hotels Plc has appointed Mrs Oluwatobiloba Titilope Ojediran as its new Acting Chief Financial Officer (CFO).
Transcorp Hotels Plc has retained its national scale ratings at A-(NG) and A2(NG) in the long term and short term respectively.
The Board of Directors of Transcorp Hotels Plc has declared a closed period from September 30, 2019.
@mtnng and @zenithbank amongst other firms will hold board meetings this week to consider H1 2019 results
The final dividend translated to 15 kobo per ordinary share, indicating a 20 per cent improvement over the 12 kobo per ordinary share for 2017.
Transcorp Hotels' CEO, Mrs Owen Omogiafo, has doubled down on the company's commitment to position Nigeria as the preferred destination for local and international tourists.