Transcorp Hotels shareholders authorize board to raise N10bn through Rights Issue

Lagos, Nigeria – Shareholders of Transcorp Hotels Plc, owners of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, have unanimously authorised the Board of Directors to raise N10 billion in its proposed Rights Issue to fortify its balance sheet.  The approval given at the Extraordinary General Meeting of the Company, which took place on Monday, […]

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Nigeria cancels already issued visas and travel ban takes effect

The Federal Government of Nigeria has announced the cancellation of already issued visas for travelers from 13 countries as part of measures to contain the pandemic coronavirus. Minister of Interior, Rauf Aregbesola, briefed State House correspondents at the sidelines of the Federal Executive Council (FEC) meeting on Wednesday at the Presidential Villa, Abuja. The meeting […]

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