Transcorp Hotels to tap into $107bn luxury hotel market with Ikoyi 5-star hotel

  Reports record 36.2% revenue growth to N42bn revenue in 2023 Onome Amuge Transcorp Hotels is solidifying its presence as a major player in the luxury hospitality industry by expanding its portfolio with a 315-room, 5-star hotel in the heart of Ikoyi, Lagos. This venture aligns with the company’s strategy to capitalise on the growing […]

Julius Berger board meets to approve Q4 results

Julius Berger Nigeria Plc., a leading construction company, has announced that its board audit committees would meet on Wednesday, January 30, 2019, to consider and approve its fourth quarter 2018 results. The meeting, according to a notification to the Nigerian Stock Exchange and its shareholders, January 17, 2019, to January 31, 2019, has been announced […]

Nigeria’s Williamsville Sears set to acquire Turner Wright

Williamsville Sears Management Inc., a diversified holding corporation, has signed a letter of intent for the acquisition of Turner Wright Ltd, a Nigerian-based pharmaceutical firm, in a stock-swap transaction subject to the approval by both companies of definitive documents and the achievement of certain other milestones. The acquisition anticipated by the LOI is the result […]

eTranzact pays 10k per share dividend on N449m profits for 2016

eTranzact, the Nigeria electronic payment company, Thursday, held a successful 2016 annual general meeting in Lagos, the country’s commercial capital where shareholders voted for the payment of 10 kobo per share dividend presented to them by the board. The dividend payment comes on the back of pre-tax profit of N449.4 million made during the full […]