Transcorp Hotels Plc Rises By 1048% In 12-Month
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
2w ago
The titan of the hospitality sector, Transcorp Hotels Plc, has moved away from listed businesses with a market capitalization of more over N1 trillion due to unfavorable investor sentiment on the local exchange. Even yet, the business has seen the greatest capital appreciation over the last 12 months. Transcorp Hotels PLC has lost around 7% of its […] The post Transcorp Hotels Plc Rises By 1048% In 12-Month first appeared on BizWatchNigeria.Ng ..read more
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Emirates To Resume Lagos-Dubai Flights October 1 Despite Visa Ban
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
2w ago
Despite the visa prohibition, Emirates Airlines claims it would restart flights to Nigeria on October 1, 2024, with a daily route between Lagos and Dubai. According to an official statement made on Thursday, the airline, which has its hub in the United Arab Emirates (UAE), will conduct flight services with a Boeing 777-300ER. Adnan Kazim, […] The post Emirates To Resume Lagos-Dubai Flights October 1 Despite Visa Ban first appeared on BizWatchNigeria.Ng ..read more
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Transcorp Hotels Sells Calabar Subsidiary To Eco Travels & Tours
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
2w ago
On Thursday, Transcorp Hotels Plc announced that it has sold Eco Travels and Tours Ltd., an indigenous hospitality business, its whole stake in Transcorp Hotels Calabar Ltd. The Transnational Corporation’s Company Secretary, Mr. Stanley Chikwendu, revealed this in a notice to the Nigerian Exchange Ltd. (NGX) in Lagos. Chikwendu states that Transcorp Hotels’ strategic priorities […] The post Transcorp Hotels Sells Calabar Subsidiary To Eco Travels & Tours first appeared on BizWatchNigeria.Ng ..read more
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Emirates To Resume Lagos-Dubai Flights October 1 Despite Visa Ban
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
3w ago
Despite the visa prohibition, Emirates Airlines claims it would restart flights to Nigeria on October 1, 2024, with a daily route between Lagos and Dubai. According to an official statement made on Thursday, the airline, which has its hub in the United Arab Emirates (UAE), will conduct flight services with a Boeing 777-300ER. Adnan Kazim, […] The post Emirates To Resume Lagos-Dubai Flights October 1 Despite Visa Ban first appeared on BizWatchNigeria.Ng ..read more
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Transcorp Hotels Sells Calabar Subsidiary To Eco Travels & Tours
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
2M ago
On Thursday, Transcorp Hotels Plc announced that it has sold Eco Travels and Tours Ltd., an indigenous hospitality business, its whole stake in Transcorp Hotels Calabar Ltd. The Transnational Corporation’s Company Secretary, Mr. Stanley Chikwendu, revealed this in a notice to the Nigerian Exchange Ltd. (NGX) in Lagos. Chikwendu states that Transcorp Hotels’ strategic priorities […] The post Transcorp Hotels Sells Calabar Subsidiary To Eco Travels & Tours first appeared on BizWatchNigeria.Ng ..read more
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Transcorp Corporation Sees N109.1bn Gross Profit In 2023
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
2M ago
Transnational Corporation Plc (Transcorp) reported on Wednesday that it had a gross profit of N109.1 billion for the year that ended on December 31, 2023. Comparing the amount to N65.77 billion recorded during the same period in 2022, it indicated a rise of 65.0%. This was included in the audited financial statement of the company […] The post Transcorp Corporation Sees N109.1bn Gross Profit In 2023 first appeared on BizWatchNigeria.Ng ..read more
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FAAN Closes KFC Lagos Airport Outlet Over Alleged Discrimination
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Adepeju Aina
2M ago
The Federal Airports Authority of Nigeria (FAAN) has shut down the KFC outlet at Lagos’ Murtala Muhammed International Airport (MMIA) due to discriminatory behavior. According to a statement issued by FAAN’s Director of Public Affairs and Consumer Protection, Obiageli Orah, it will be shuttered with immediate effect beginning Thursday, March 28, 2024. Orah via the […] The post FAAN Closes KFC Lagos Airport Outlet Over Alleged Discrimination first appeared on BizWatchNigeria.Ng ..read more
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Treepz Unveils New Website, Doubles Down On Corporate Mobility In Africa
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
2M ago
Treepz, Africa’s leading corporate mobility startup, today has expanded its corporate mobility and employee transportation services across the continent with a fresh new look for its website. The company’s new website boasts a sleek, user-friendly interface with added features to better showcase Treepz’s range of services for companies looking to efficiently and sustainably move employees […] The post Treepz Unveils New Website, Doubles Down On Corporate Mobility In Africa first appeared on BizWatchNigeria.Ng ..read more
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Nigeria-Niger Republic Flights Remain Suspended – FG
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
2M ago
The Nigerian Airspace Management Agency has contributed to the continued prohibition on aircraft travel between the two countries. NAMA elucidated that certain flights, aircraft in a case of emergency, and over-flight aircraft navigating through Nigerian airspace are authorized exceptions to the restriction. General Abdourrahamane Tchiani succeeded Mohamed Bazoum, the legitimately elected president of Niamey, after […] The post Nigeria-Niger Republic Flights Remain Suspended – FG first appeared on BizWatchNigeria.Ng ..read more
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CBN To Pay Additional $64m To Foreign Airlines
BizWatchNigeria.Ng » Tourism, Travel & Hospitality
by Boluwatife Oshadiya
2M ago
According to an official announcement made today, the Central Bank of Nigeria (CBN) has completed the payment of all validated claims by airlines with an extra 64.44 million dollars. The most recent installment follows the recent disbursement of $500 million for the same purpose. The country’s acting director of corporate communications, Mrs. Hakama Sidi-Ali, stated […] The post CBN To Pay Additional $64m To Foreign Airlines first appeared on BizWatchNigeria.Ng ..read more
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