NAHCO opens luxury hotel at Lagos airport terminal
The Nigerian Aviation Handling Company Plc has launched a 20-room luxury hotel, Sapphire Hotel, at the Murtala Muhammed International Airport in Lagos. The company reported strong financial results, with significant increases in profit and revenue. Prince Saheed Lasisi described the hotel as a strategic expansion, while Ms Ruky Ogbetuo highlighted its premium features and convenience for travellers. Industry stakeholders praised the initiative as a major private-sector investment in Nigeria’s airport infrastructure.
TLDR
- NAHCO launched Sapphire Hotel within the Terminal II departure area of Murtala Muhammed International Airport, Lagos.
- The company’s unaudited results for the year ended 31 December 2025 showed revenue increased 21.8 per cent from N53.54bn in 2024 to N65.21bn in 2025.
- Gross profit rose to N38.61bn from N33.08bn, and after-tax profit climbed 39.91 per cent to N17.99bn from N12.87bn.
- Prince Saheed Lasisi and Ms Ruky Ogbetuo emphasized the hotel’s role in expanding NAHCO’s aviation value chain and enhancing premium traveller experience.
- The hotel offers high-end rooms, business facilities, a workout area, and direct access to the 127-seat Sapphire Lounge with VVIP and prayer sections.
