The richest woman on the Nigerian Stock Exchange, Awele Elumelu, becomes chairperson of Transcorp Hotels
Transcorp Hotels appointed Dr. Awele Vivien Elumelu as board chair from Jan. 1, 2026, replacing Emmanuel Nnorom, the company said.
Transcorp Hotels
Transcorp Hotels, led by CEO Dupe Olusola, reports 192-percent surge in pretax profit for Q3 2024
Transcorp Hotels, under the leadership of Dupe Olusola, has recorded remarkable growth, with a 192-percent jump in pretax profit for Q3 2024, solidifying its leadership in Nigeria’s hospitality sector.
Nigerian tycoon Tony Elumelu’s Transcorp Hotels to invest $200 million in Ikoyi hotel
In addition to the Ikoyi hotel development, Transcorp Hotels is nearing completion of a state-of-the-art event center with a 5,000-person capacity, slated for inauguration in August.
Tony Elumelu’s Transcorp injects $120 million into hotel rehabilitation
After 30 years as Nigeria’s leading hospitality outfit, Transcorp Hotels is injecting more than $120 million into rehabilitating its five-star hotels.