Capital Hotel Plc has recorded a Profit After Tax (PAT) of N401.7 million in its 2019 operations, against N379 million made in the corresponding period in 2018. At the event, he unveiled the company’s plan to raise additional N44 billion by way of public offer through debt or equity to enable it refurbish existing assets. On the dispute in the company, Idigbe said: “Our shareholders’ dispute has been handled peacefully. The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Oscar Onyema, applauded the management of the company on efforts towards improving business operations and restoring investors’ confidence. He said the exchange would continue to support listed companies to meet strategic objectives and provide products that align with their various operational needs.

Source: The Guardian September 17, 2020 04:07 UTC