The company was first founded in 1985,its major objective of the company was to provide finance and manage the construction of the then proposed Sheraton Lagos before it was completed.
The company became a public company in 1983. The major shareholders of Ikeja Hotel Plc include leading development banks, Insurance companies, corporate bodies, financial institutions and private individuals.
The company is a core shareholder in The Tourist Company of Nigeria Plc, owning the Company of Federal Palace Hotel & Casino, Lagos.
In 2002 Hans-Gremlin (Nigeria) Limited, a subsidiary of Ikeja Hotel Plc, acquired 51% equity stake in Capital Hotels Plc (owners of Sheraton Abuja Hotel) under the privatization programme of the Federal Government of Nigeria. This important acquisition firmly consolidated the leading position of Ikeja Hotel Plc, in the nation’s hospitality industry.
BOARD OF DIRECTOR
CHIEF ANTHONY IDIGBE, SAN- Chairman
MR. ALUKO KUNLE- Director
ALHAJI ABATCHA BULAMA, FCA- Director
TOKE ALEX IBRU- Director
MRS. FADEKE OLUGBEMI, FCA – Director
DR. ALEXANDER A. THOMOPULOS – Director
UFOMA IBRU – Director
THEOPHILUS ENIOLA NETUFO, FCA Group Managing - Director/CEO
84 Opebi Road,Ikeja, Lagos.
Phone: (+234) 01-270-1060
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For the year ended 2021, Ikeja Hotel Group has recorded a consolidated revenue of N9.868 billon compared to N5.068 billion recorded in 2020....
The Nigerian Stock Exchange (NSE) market closed with 4,311.00 deals on Friday, March 19th, 2021, higher than the 4,040.00 deals on Thursday, March 18t...
Ikeja Hotel has reacted to a report that the Lagos State Government has revoked the right of occupancy of one of the company's hospitality busines...
Ikeja Hotel has reacted to a report that the Lagos State Government has revoked the right of occupancy of one of the company's hospitality busines...
Ikeja Hotel is fighting two battles at once, one against the Lagos State Government, and the other against continuous revenue loss. AllNews gathered I...
Ikeja Hotel is fighting two battles at once, one against the Lagos State Government, and the other against continuous revenue loss. AllNews gathered I...
Ikeja Hotel Plc recorded a loss of NGN404.1 million in three months of Q3 2020, outlining the disastrous performance of the company this year. Also, A...
Ikeja Hotel Plc recorded a loss of NGN404.1 million in three months of Q3 2020, outlining the disastrous performance of the company this year. Also, A...