Let me congratulate the big boss, Chairman Tony Elumelu, for becoming a multi-SWOOTs (Stocks Worth Over One Trillion) holder in the Nigeria stock exchange, as Transcorp Hotels Plc joins United Bank for Africa Plc in the big league. In the Igbo Nation, we appreciate those who show us the path, and the Chairman played a role to one village boy from Ovim. When he invited me to the committee of $100 million TEEP Fund, I made sure I learnt as much as possible on how to run shows. My family thanks him for his support over the years.
Transcorp Hotels Plc, the hospitality arm of Transnational Corporation Plc, has etched its name in history as the first hospitality group in Nigeria to surpass the N1 trillion market capitalization threshold.
This remarkable achievement not only solidifies Transcorp Hotels’ position as an industry leader but also catapults it into the exclusive league of SWOOTs (Stocks Worth Over One Trillion) group.
The announcement came on January 10, 2023, following a significant 7.24% surge at the Nigerian Exchange (NGX), closing the share price at N100 and propelling the market capitalization to an impressive N1.024 trillion.
The news of Transcorp is amazing because at a critical phase of my entrepreneurial evolution, I needed a direction on something. Chairman Elumelu asked me to meet him in Transcorp and over dinner in the Bukka Restaurant at Transcorp Hilton Abuja (he paid for the dinner!), he explained my best options. I was a teacher and I wanted to move to the higher league, and needed directions. He helped.
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So, as the Transcorp family celebrates the N1 trillion elevation, I join them for serving that special food in Bukka, and most importantly, for delivering world-class experience to people and families in their properties. Transcorp Hotels: #winMore
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