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16 Obafemi Awolowo Way, Alausa, Ikeja, Lagos, Nigeria.

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Tourist Company Of Nigeria

Gold

.

1964

1964

Hospitality

Lagos

Private

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ABOUT

The Tourist Company of Nigeria (TCN) Plc is a hospitality and gaming company based in Lagos, Nigeria, and operates the Federal Palace Hotel & Casino complex. The company was established by the Federal Government of Nigeria in order to acquire the Federal Palace Hotel, which had been built in 1960.

The core of its operations includes hospitality (hotel) and gaming segments.

The company converted from a government-owned private company to a public limited liability company in 1970, as one of the oldest companies on the Nigerian Stock Exchange.

Ikeja Hotel Plc, in association with other investors (Ikeja Hotel Group), acquired TCN from the Federal Government in 1992. In 2009 and 2010, Sun International Limited acquired substantial shares in TCN. Following the acquisition, a comprehensive and phased refurbishment of the Federal Palace was embarked upon.

Major shareholders in the company currently include Sun International Limited, Ikeja Hotel Plc, Associated Ventures International, and Oma Investments.

The company delisted from the Nigerian Stock Exchange in 2025, with compliance concerns being the major reason behind the delisting.

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