United Bank for Africa (UBA) will usher in a new leadership era when Tony Elumelu retires as Group Chairman on 21 August 2026 after completing the maximum tenure allowed under CBN guidelines. The retirement follows the Central Bank of…

Transcorp Power has recorded 38 per cent revenue growth, pushing its year-on-year earnings to ₦308.5 billion in Q3 2025, from ₦223.5 billion recorded in Q3 2024. The Q3 2025 performance was driven by an increase in average power…

Transcorp Hotels Plc has significantly increased its dividend payout for the 2024 financial year, raising it by 270 per cent to 74 kobo per share from the 20 kobo paid in 2023. This surge follows a remarkable financial performance, with…

Shareholders at the 10th Annual General Meeting (AGM) of Transcorp Hotels Plc have reiterated their faith in the company and its management following the approval of a N2 billion dividend and the company's ongoing expansion plan which will…

Having reported N4.5 billion profit before tax (PBT) from its 2022 operation, the shareholders of Transcorp Hotel have approved N1.33 billion at 13 kobo per share dividend payout. The Shareholders also at the 9th Annual General…

The shareholders of Transcorp Hotels Plc have approved an N717 million payout following the 143 per cent growth of its profit to N16.23 billion. The top hospitality firm reported N6.67 billion reported in 2020 and also a 114 per cent…

Recovering from the impact of Covid-19 pandemic, Transcorp Hotels have recorded 114 per cent growth in revenue, standing at N21.74 billion at December 31, 2021 over the N10.16 billion of the previous year. Its gross profit rose by 143…

AMINA HUSSAINI The National Insurance Commission (NAICOM) has received requests for licence from four companies to operate insurance business in Nigeria. The insurance industry regulator listed the companies as Heirs…

Shareholders of Transcorp Hotels Plc, owners of Transcorp Hilton Abuja and Transcorp Hotels Calabar, have unanimously authorised the Board to raise N10 billion in its proposed Rights Issue to fortify its balance sheet. The approval…

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owners of the award-winning Transcorp Hilton Abuja and the iconic Transcorp Hotels Calabar hosted a farewell/welcome…