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

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

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

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

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

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

Today marks the grand opening of Klulead Gardens & Suites, otherwise known as KG & Gardens, a premium hotel nestled in the heart of GRA Ijebu Ode, Ogun State, Nigeria. This exquisite establishment promises to redefine the hospitality landscape in the region, offering world-class facilities and culinary experiences that cater to the most discerning guests. […] The post Klulead Gardens & Suites Sets A New Standard For Luxury In Ijebu Ode first appeared on BizWatchNigeria.Ng ..read more

 The Board of Directors of NEOM has announced Aquellum, a luxury and experiential space embedded within the mountains, and the latest striking addition to the ongoing regional development in northwest Saudi Arabia. With its foundations steeped in cutting-edge technology, avant-garde architecture and forward-thinking concepts, Aquellum will offer guests a taste of futuristic living through its […] The post NEOM Announces Aquellum, A Futuristic Lifestyle Community Within A Mountain Haven first appeared on BizWatchNigeria.Ng ..read more

The federal government has reaffirmed its commitment to maintaining the greatest levels of safety, efficiency, and dependability for air travelers, airlines, and all stakeholders. Festus Keyamo, the Minister of Aviation and Aerospace Development, committed to safeguard industry operators in a statement issued by his spokesperson, Tunde Moshood, on Tuesday. Keyamo announced the hiring of new […] The post Nigeria Is Committed To Air Travellers Safety – Minister first appeared on BizWatchNigeria.Ng ..read more

The UK Home Office said on Monday that it has begun implementing its policy prohibiting Nigerian and other international students from bringing dependants into the country via the study visa route. The Home Office emphasized in a post on X (previously Twitter) that only those on postgraduate research or government-sponsored scholarship students will be excluded […] The post UK Refuses Nigerian Students, Others From bringing Dependants first appeared on BizWatchNigeria.Ng ..read more