HHOG recognised by Project Finance International (PFI) for Africa’s Largest Oil and gas financing in more than a decade. Heirs Oil & Gas (HHOG), Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’by Project Finance International (PFI), following the $1.1 billion financing and acquisition of 45% stake in OML 17 in 2021….
… 2022 GTCO FOOD AND DRINK FESTIVAL Guaranty Trust Holding Company Plc (GTCO Plc), is set to continue its long-running showpiece event– The Food and Drink Festival. For the 5th Edition, this headlining event will hold from Saturday, April 30 to Monday, May 02, 2022, at the GTCentre, Plot 1 Water Corporation Drive, Oniru, Lagos….
………Shareholders to receive about N717m dividend Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021. The results published on the Nigerian Group Exchange showed a 114% growth in Revenue to N21.74bn from N10.16bn as of December 2020, while Gross Profit rose by 143 % to N16.23bn from N6.67bn. The Company’s results show an impressive growth in its performance signalling…
Transcorp Hilton Abuja, the flagship hotel of leading hospitality brand Transcorp Hotels Plc., has won Booking.com’s Traveller Review Award 2022. This award celebrates businesses that consistently exceeded travellers’ expectations, having earned great traveller reviews. “We are honoured to receive this award which highlights Transcorp Hilton Abuja as consistently delivering quality experiences while navigating changing guest…
Specialist digital life insurance company, Heirs Life Assurance (HLA) has rolled out an awareness campaign for its pension-regulated Annuity Plan, promising retirees a steady income for as long as they live. The premise of the plan is for people to retire without financial worries as the plan pays policyholders a guaranteed pension for life. Last…
Guaranty Trust Holding Company Plc (GTCO Plc or the Group), a diversified financial services provider, today notified the Nigerian Exchange Group (NGX) and the investing public that GTCO Plc has concluded the acquisition of the 100% equity stake in Investment One Pension Managers Limited (IOPM) and Investment One Funds Management Limited (IOFM) (together, the Companies)…
The Online Accommodation Booking Platform Aura is currently running #TheAuraExperience Promo Aura by Transcorp Hotels, the online platform for booking accommodation, food and experiences has said a couple stand a chance of winning a free night staycation to celebrate Valentine’s Day when any of them spend up to N100,000 on the platform. The Company, a…
…. each entrepreneur receives non-refundable US$5,000 ….68% of beneficiaries are women entrepreneurs The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme. The 2021 beneficiaries were selected from a pool of over 400,000 applications, based on their…
Records accelerated PBT growth of 671% Hospitality subsidiary, Transcorp Hotels, returns to profitability amidst the Covid-19 pandemic Nigeria’s leading and largest listed diversified conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the third quarter ended September 30, 2021, indicating sustained growth in 2021 as seen in the first two quarters of year. With strategic investments in the Power,…
Transcorp Hotels Plc. (the “Company” or the “Group”), (Bloomberg: TRANSCOH:NL; Reuters: TRANSCOHOT.LG), owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited Q3 results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and a gross profit growth of 149 percent to N10.8 billion, leading to…
