By InvestAdvocate Lagos (INVESTADVOCATE)-Transcorp Hotels Plc, the hospitality unit of Nigeria’s top tier conglomerate, Transnational Corporation of Nigeria Plc on Thursday said its pretax profit for the period ended December 31, 2015 rose 18.46 percent to N5.377 billion from N4.540 billion declared a year ago. Similarly, profit after tax (PAT) […]
Tag: Transnational Corporation of Nigeria Plc
TRANSCOHOT Lists N9.758 Billion Worth of Unsecured Bonds Due 2020
By InvestAdvocate Lagos (INVESTADVOCATE)-The hospitality unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc, Transcorp Hotels Plc has listed a total of 9,758,000 unit (Series 2) 5 Year 15.50 percent Fixed Rate Unsecured Bonds Due 2020 valued at N9,758,000,000 under a N30 Billion Medium Term Bond Programme. The bonds […]
NSE Records 2-Day Losing Streak on Sell-Offs, Index Dip 2.09%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday recorded a two-day losing streak as all-share index (ASI) dipped 2.09 percent on sell-offs in the Banking, Industrial and Consumer Goods sectors. According to Cordros daily market update, the ASI closed at 23, 333.34 basis points, while market capitalisation decreased […]
