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Ikeja Hotel

Ikeja Hotel, Unilever Lift Stock Market Cap By N792.58bn

At the close of trading on Friday, July 25, the market capitalisation of the Nigerian Exchange Limited (NGX) increased to N85.05 trillion, up from N84.26 trillion recorded on Thursday, July 24. This represents an increase of N792.58 billion. The 0.94 percent appreciation

July 25, 2025

Business·Top Stories

Nigerians Spent Over N18.91bn On Hotel Rooms Within Three Months

Nigerians spent over N18.91 billion on hotel rooms between April and June 2025, according to the second quarter (Q2) financial statements of Transcorp Hotels and Ikeja Hotel. Prime Business Africa gathered that the amount increased by 50.13 percent compared to the N12.59

July 16, 2025

Business·Top Stories

Valuation Of Nigerian Stock Market Crosses N80trn

The stock market opened trading on Monday, July 14, with a N340 billion gain, after the equity capitalisation hit N80.14 trillion, up from N79.80 trillion recorded on Friday, July 11. According to data obtained from the Nigerian Exchange Limited (NGX), the all-share

July 14, 2025

Business·Top Stories

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Ikeja 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

July 8, 2025

Business·Top Stories

Ikeja Hotel, Beta Glass, Other Gainers Push Nigerian Stock Market Cap To N74.35bn

Data from the Nigerian Exchange Limited (NGX) showed that the stock market capitalisation appreciated by 0.91 percent or N677.73 billion on Thursday, June 19. According to the data, the capitalisation increased to N74.35 trillion, from N73.68 trillion reported on Wednesday, June 18.

June 19, 2025

Business·Top Stories

Nigeria’s Stock Market Cap Rises By N508bn After Trading Hours

The market capitalisation increased from N66.15 trillion reported on Wednesday, April 23, to N66.66 trillion on Thursday, April 24, after the all-share index (ASI) appreciated marginally by 0.75 percent. Data provided by the Nigerian Exchange Limited (NGX) showed that the market capitalisation

April 24, 2025

Business·Top Stories

Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

Transcorp Hotels outperformed Ikeja Hotel in the Nigerian stock market in the first quarter (Q1) of 2025, according to analysis by Prime Business Africa. It was gathered that Transcorp Hotels’ shareholders saw their investments in the company appreciate by 16.68 per cent,

April 24, 2025

Business

Ikeja Hotel Puts 40% Of Company Up For Sale Amid Declining Revenue

Ikeja Hotel has informed the capital market that the company will place 1.13 billion shares on sale to raise funds, a corporate document sent to the Nigerian Exchange Limited (NGX) has revealed. The shares, estimated at a value of over N3.54 billion based

August 24, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

Transcorp Hotels, Ikeja Hotel, Others Record Gains, Stock Market Cap Up By N421bn

The Nigerian Exchange Limited (NGX) disclosed that the stock exchange appreciated by 1.30 per cent or N421.19 billion in value on Tuesday. According to the data obtained from NGX, this increased the stock market valuation or capitalisation to N32.72 trillion, from Monday’s N32.30 trillion.

June 27, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Stock Market Closes Down, As Ikeja Hotel, Stanbic IBTC Record Losses

On Monday, 20 March 2023, the Nigerian stock exchange closed down by -0.05 per cent, as the market capitalisation lost N15.99 billion. This pushed the equity capitalisation down to N29.89 trillion today, from N29.91 trillion reported on Friday, 17 March 2023. The All-Share

March 20, 2023

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Ikeja Hotel

Ikeja Hotel, Unilever Lift Stock Market Cap By N792.58bn

Nigerians Spent Over N18.91bn On Hotel Rooms Within Three Months

Valuation Of Nigerian Stock Market Crosses N80trn

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Ikeja Hotel, Beta Glass, Other Gainers Push Nigerian Stock Market Cap To N74.35bn

Nigeria’s Stock Market Cap Rises By N508bn After Trading Hours

Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

Ikeja Hotel Puts 40% Of Company Up For Sale Amid Declining Revenue

Transcorp Hotels, Ikeja Hotel, Others Record Gains, Stock Market Cap Up By N421bn

Stock Market Closes Down, As Ikeja Hotel, Stanbic IBTC Record Losses

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