Associated Bus Company Plc 2023 Annual Report

Associated Bus Company Plc ( 2023 Annual Report

By Published On: May 2, 2024TYPE: Annual ReportsYear: 2023Period: Country: NigeriaSector: Transport

Associated Bus Company Plc ( listed on the Nigerian Stock Exchange under the Transport sector has released its 2023 annual report.

For more information about Associated Bus Company Plc ( reports, abridged reports, interim earnings results and earnings presentations visit the Associated Bus Company Plc ( company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Associated Bus Company Plc ( in the past 12 months, as of 2nd April 2024, is US$134.93K (NGN112.32M). An average of US$11.24K (NGN9.36M) per month.

Associated Bus Company Plc 2023 annual report

Company Profile

Associated Bus Company (ABC) Plc is a leading road passenger transportation company in Nigeria offering a luxury bus service for the discerning traveller. Known as ABC Transport, the company operates a luxury bus service and covers the most important routes between the major towns and cities of Nigeria as well as international travel options in West Africa. Associated Bus Company also owns and operates a budget hotel.  Operations within and outside Nigeria are managed through ultra-modern terminals with comfortable lounges in major cities such as Lagos (Jibowu & Amuwo-Odofin), Aba, Owerri, Port-Harcourt, Abuja, Enugu, Onitsha, Umuahia, Jos, Mbaise, Bolade, and Accra (Ghana). Luxury buses owned and operated by the ABC Bus Company bear the distinguished Reindeer logo which has been adopted to symbolise strength, speed and efficiency. ABC Bus Company was awarded the prestigious title of Best Transporter in Nigeria by the Chartered Institute of Transport. The company consistently wins the National Bus Operator of the Year Award along with other accolades by renowned bodies. Capital Alliance Private Equity (CAPE) has a 30% stake in ABC Transport. The company’s head office is in Lagos, Nigeria. Associated Bus Company (ABC) Plc is listed on the Nigerian Stock Exchange