Transnational Corporation Plc, Nigeria’s leading publicly-quoted conglomerate with business interests in the Power, Hospitality, and Energy sectors, was recognized as the winner of the Sectorial Leadership Award – Conglomerates and the Highest Dividend Cover Award at the Pearl Awards ceremony held in Lagos.
These awards were given in recognition of the company’s exceptional operational and stock market performance in 2021 and serve as another achievement for the company.
Transcorp’s President and Group Chief Executive Officer, Owen Omogiafo, praised the recognition, saying, “This award is a testament to our dedication to excellence and a recognition of the hard work put in by the entire Transcorp team. We are honored to have been honored in the categories in which we were nominated at the Pearl Awards and are determined to continue delivering great results across all our businesses.”
In addition to the recognition for the conglomerate as a whole, Transcorp’s hospitality subsidiary, Transcorp Hotels Plc, also won the Sectorial Leadership Award – Services (Hotels/Lodging) for redefining hospitality and maintaining exceptional service for guests.
Mrs. Omogiafo also acknowledged the company’s success, stating, “Our continued success and growth over the last two decades can be attributed to our core values and strong corporate governance, exemplified by our robust Board of Directors, led by Chairman Tony O. Elumelu.”
Representatives of the company, including Mrs. Foluke Abdulrazaq, Vice Chairman/Independent Director, Transcorp Group, Toyin Sanni, Non-Executive Director, Transcorp Group, and Peter Ikenga, MD/CEO, Transcorp Energy Limited, were present at the awards ceremony to accept the honors on behalf of the company.
Transnational Corporation Plc is a publicly-quoted conglomerate with a diversified shareholder base of around 300,000 individuals and institutions.
The company’s portfolio includes strategic investments in the power, hospitality, and oil and gas sectors, and its businesses include Transcorp Hilton Abuja, Transcorp Hotels Calabar, Transcorp Power, Transafam Power, and Transcorp Energy.
