Prime Business AfricaIkeja Hotel outperformed Transcorp Hotels in the stock market in the second quarter (Q2) of 2025, as stock market investors preferred the former over the latter during the period.
According to Prime Business Africa’s analysis, stock market investors were bullish on Ikeja Hotel between April and June, leading to shareholders of the company recording a 58.25 percent increase in their investment.
Join our WhatsApp ChannelAnalysis further showed that the 58.25 percent increase represents a combined gain for Ikeja Hotel shareholders within the three months under review, as the bullish sentiment sent the share price up from N10.30 kobo to N16.30 kobo.
The N6 increase in the company’s share price also raised Ikeja Hotel’s market valuation from N22.27 billion recorded on April 2 to N35.24 billion on June 30.
However, unlike Ikeja Hotel shareholders, Transcorp Hotels shareholders recorded only a 5.20 percent increase in their investment held in the subsidiary of Transnational Corporation (Transcorp).
The gain, which represents N72.20 billion, was driven by the N7.05 increase in the company’s share price, which climbed from N135.35 kobo on April 2 to N142.40 kobo at the end of the second quarter.
As a result of the appreciation, Transcorp Hotels’ market valuation rose from N1.38 trillion recorded at the start of the second quarter to N1.45 trillion as of June 30, according to Prime Business Africa’s findings.
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Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.
Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.
He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.
Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.
