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TransCorp Hotels

Nigerians Spent N81bn On Hotel Rooms In 2025

Over N81.33 billion was spent on hotel rooms in Nigeria in 2025, up from the N58.42 billion expended in 2024, representing a N22.90 billion or 39.20 percent increase, according to Prime Business Africa’s analysis. The amount is based on revenue generated by

February 4, 2026

Business·Top Stories

Stock Market Traders Favoured Ikeja Hotel Over Transcorp Hotels in 2025

In 2025, equity traders on the Nigerian Exchange (NGX), also known as the stock market, favoured Ikeja Hotel over Transcorp Hotels in the Nigerian bourse, according to Prime Business Africa’s analysis. The publication gathered that while Ikeja Hotel shareholders recorded a 239.27

January 5, 2026

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Transcorp Hotels, Ikeja Hotels Among Losers As NGX Market Cap Sheds N310bn

About N310 billion was lost in the Nigerian Exchange (NGX) on Tuesday, December 9, as the bourse’s market capitalisation dwindled to N93.65 trillion, from the N93.96 trillion reported on Monday, December 8. According to NGX data, 487.66 basis points were wiped from the

December 9, 2025

Business·News

Transcorp Hotels Plc Reports Strong H1 2025 Performance, Posts 60% Revenue Growth

Transcorp Hotels, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), has reported a robust financial performance for the first half (H1) of 2025, with revenue rising by 60% year-on-year (YoY) to ₦47.57 billion, up from ₦29.72 billion recorded during the same

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

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

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

News

Transcorp Hotels CEO, Olusola, To Receive Hospitality Leadership Award At AHIF

Transcorp Hotels Plc, Dupe Olusola, will together with Alain Sebah, President, Golden Tulip Afrique Francophone & East Africa (GTAF), receive awards, recognising their professional accomplishments at the Africa Hospitality Investment Forum (AHIF), taking place in Namibia in June.

June 7, 2024

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

Business·Markets

Over N421.07 billion Lost By Investors In MTN Nigeria, Transcorp Hotels, Others

With over N421.07 billion lost on Monday, 17 April 2023, the Nigerian stock market capitalisation dwindled from N28.26 trillion reported on Friday, 14 April, to N27.84 trillion. The All-Share Index shrank by 773 basis points, dropping from 51,893.94 ASI to 51,120.94 ASI. At

April 17, 2023

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TransCorp Hotels

Nigerians Spent N81bn On Hotel Rooms In 2025

Stock Market Traders Favoured Ikeja Hotel Over Transcorp Hotels in 2025

Transcorp Hotels, Ikeja Hotels Among Losers As NGX Market Cap Sheds N310bn

Transcorp Hotels Plc Reports Strong H1 2025 Performance, Posts 60% Revenue Growth

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

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

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

Transcorp Hotels CEO, Olusola, To Receive Hospitality Leadership Award At AHIF

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

Over N421.07 billion Lost By Investors In MTN Nigeria, Transcorp Hotels, Others

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