Transcorp Hotels

Business

Transcorp Hotels Plc: Cost Pressure Plagues Returns

Sam Diala, THEWILL -
March 11, (THEWILL) - Transcorp Hotels Plc 2022 full year (FY) performance was impacted by the inflationary environment that saw the hospitality key player trudge under costs pressure. The Group’s N4.5 billion profit before tax (PBT), a 172 percent increase...
Business

Transcorp Hotels Plc Records Sterling Performance on 172% PBT Growth, N31.4bn Revenue

Sam Diala, THEWILL -
March 03, (THEWILL) - Transcorp Hotels Plc, a leading hospitality brand, has reported its financial results for the full year 2022. The Group reported a profit before tax (PBT) of N4.5 billion, a 172 percent increase year-on-year, having...
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BusinessOgochukwu Onwaeze, THEWILL -

Nigeria’s $58.81bn Reserves Raise Stakes for Oil Investment, Earnings Growth

Nigeria’s foreign exchange reserves have climbed to $58.81bn, their highest level in nearly 18 years, strengthening the country’s external position as oil and gas investment, export earnings and corporate performance become increasingly important to sustaining the gains.
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