Capital Hotels has opened an escrow account to pay off shareholders exiting the firm ahead of its delisting from the Nigerian capital market.
The firm confirmed the development in a statement issued on Monday by its secretary, Alex Ugwuanyi.
The hospitality company had requested a voluntary delisting from the stock market in a bid to minimize costs and stay competitive in the industry.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2025 All Rights Reserved | Curated and Powered by Nigeria DNA
