Transnational Corporation Plc (Transcorp), Nigeria’s largest listed conglomerate with investments in the Power, Hospitality, and Energy sectors, has won the Sectorial Leadership Award – Conglomerates and the Highest Dividend Cover Award at the Pearl Awards in Lagos.
The awards recognize Transcorp’s outstanding operational and stock market performance in 2021, marking another milestone for the company.
CEO Highlights Teamwork and Commitment
Commenting on the achievement, President/Group CEO Owen Omogiafo said:
“This recognition is a testament to our commitment to excellence, and an acknowledgment of the outstanding work being done by the entire Transcorp team. We are honored to have won in the categories in which we were nominated at the Pearl Awards and are focused on continuing to deliver great results across all our businesses.”
Omogiafo also celebrated Transcorp’s hospitality subsidiary:
“I am delighted that Transcorp Hotels Plc was also awarded the Sectorial Leadership Award – Services (Hotels/Lodging) for redefining hospitality and continuing to deliver exceptional service to guests.”
Strong Governance and Growth
The Group’s continued success and growth over almost two decades is attributed to its core values and robust corporate governance, led by its Board of Directors, chaired by Tony O. Elumelu.
Present at the award presentation were:
- Mrs. Foluke Abdulrazaq, Vice Chairman/Independent Director, Transcorp Group
- Toyin Sanni, Non-Executive Director, Transcorp Group
- Peter Ikenga, MD/CEO, Transcorp Energy Limited
About Transnational Corporation Plc
Transcorp is a publicly quoted conglomerate with a diversified shareholder base of approximately 300,000 investors. Its portfolio includes strategic investments in power, hospitality, and oil and gas sectors, with businesses such as:
- Transcorp Hilton Abuja
- Transcorp Hotels Calabar
- Transcorp Power
- Transafam Power
- Transcorp Energy
