Transcorp Hotels, led by CEO Dupe Olusola, reports 192-percent surge in pretax profit for Q3 2024
Transcorp Hotels, under the leadership of Dupe Olusola, has recorded remarkable growth, with a 192-percent jump in pretax profit for Q3 2024, solidifying its leadership in Nigeria’s hospitality sector.
Related
Unilever Nigeria posts $63.7-million turnover as Africa's consumer demand soars
Unilever Nigeria reports a 46-percent year-on-year turnover growth to $63.7 million, driven by rising consumer demand for health and hygiene products, solidifying its leadership in Africa’s fast-moving consumer goods sector.
Salt tycoon Daniel McKorley seals marine logistics deal with GPHA for Volta River Terminal
Daniel McKorley, CEO of McDan Group, has signed a landmark deal with the Ghana Ports and Harbours Authority (GPHA) to manage the Volta River Terminal, boosting Ghana’s maritime trade and driving economic growth in the Volta Region.
Nigerian banking giant GTBank implements 40-percent salary hike amidst economic reforms
GTBank has increased employee salaries by 40 percent in response to Nigeria's economic reforms and rising inflation, reinforcing its commitment to staff welfare while maintaining its position as one of the country’s most cost-efficient banks.
Seplat Energy, founded by Austin Avuru, propels Nigerian equity market to $228-million gain
Seplat Energy led a $228-million rally in the Nigerian equity market, with its stock surging 9.99 percent and boosting investor confidence across the board.
Latest
Nigerian tycoon Aisha Achimugu partners with Global Petroleum Group on $1.8-billion Grenada oil project with $8-billion potential
Nigerian energy leader Aisha Achimugu and Oceangate join forces with GPG to develop Grenada’s offshore oil and gas reserves.
Saltzman family gains $18.8 million as Dis-Chem shares climb
South Africa’s Saltzman family controls a 29.3 percent stake, equivalent to 302,066,319 ordinary shares in the Gauteng-based company.
Sasol’s Secunda petrochemical plant faces major challenges as carbon emissions loom large
Sasol’s Secunda plant faces critical challenges as coal dependency and high carbon emissions clash with South Africa's climate goals.
X-energy secures $300-million Amazon backing to develop small modular reactors for South Africa
Clean energy boost for South Africa’s data centers through innovative SMR technology.