NSE Lifts Suspension on Ikeja Hotel

NSE Lifts Suspension on Ikeja Hotel

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Summary

Ikeja Hotels PLC, whose shares were suspended from trading in November 2016, has seen this suspension lifted by the Nigerian Stock Exchange in May 2018. This follows the company’s status update on their restructuring event. According to their website, Ikeja Hotels PLC has direct or indirect ownership and control of Sheraton Lagos Hotel, Sheraton Abuja Hotel, and Federal Palace Hotels & Casino.

Source: Nigerian Stock Exchange

Published: 2018

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