See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Tariffs
Liberation Day
Trade War
Natural Disasters
Social Media
Donald Trump
Stock Markets
Recession
Artificial Intelligence
Trade
Taxes
US Economy
Published • loading... • Updated

Transcorp Hotels Energy Costs Jump 95.88% To N4.76bn Amid Rising Energy pricing — Akelicious

Summary by akelicious.net
Transcorp Hotels’ energy cost has surged by 95.88 per cent from N2.43bn in 2023 to N4.76bn in 2024, according to the company’s 2024 annual report and financial statements. This rise in energy expenses makes it the second-largest operating cost for the company during the year. observed that the energy costs exceeded employee expenses, which rose to N4.73bn in 2024 from N2.48bn the previous year. Speaking on the challenges faced during the period,…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All
Left
Center
Right
akelicious.netakelicious.net

Transcorp Hotels Energy Costs Jump 95.88% To N4.76bn Amid Rising Energy pricing — Akelicious

Transcorp Hotels’ energy cost has surged by 95.88 per cent from N2.43bn in 2023 to N4.76bn in 2024, according to the company’s 2024 annual report and financial statements. This rise in energy expenses makes it the second-largest operating cost for the company during the year. observed that the energy costs exceeded employee expenses, which rose to N4.73bn in 2024 from N2.48bn the previous year. Speaking on the challenges faced during the period,…

Read Full Article
InsideBusiness - Business News in NigeriaInsideBusiness - Business News in Nigeria

Transcorp Hotels' 74 Kobo Dividend, 270% Over Previous Year - InsideBusiness - Business News in Nigeria

Transcorp Hotels Plc has significantly increased its dividend payout for the 2024 financial year, raising it by 270 per cent to 74 kobo per share from the 20 kobo paid in 2023. This surge follows a remarkable financial performance, with revenue climbing 69 per cent to N70.13 billion and profit before tax soaring by 138 per cent to N22.61 billion. At its 11th Annual General Meeting (AGM) held on Thursday in Abuja, the hospitality giant’s Chairman…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

InsideBusiness - Business News in Nigeria broke the news in on Thursday, April 3, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Abuja

Abuja

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal