Press Releases

Transcorp Hilton Abuja Named 2015 Hilton Brand Awards Winner

March 7, 2016
ABUJA, NIGERIA – March 7, 2016 – Transcorp Hilton Abuja has been recognized as 2015 Hilton Hotels & Resorts Brand Award winner.

Elumelu Emphasises Collaboration and Integration in Increasing Trade and Investment Opportunities across the African Continent

February 26, 2016
Casablanca, Morocco, 25th February 2016 – Tony Elumelu, CON, Chairman, Heirs Holdings, UBA Plc and Transcorp Plc, spoke today on the Role of the African Private Sector in the Continent’s Development and Regional Integration to a gathering of over 1,500 African business leaders at the 4th International African Development Forum in Casablanca which commenced yesterday and ended today 25th of February, 2016.

Tony O. Elumelu, El Kettani, Others to Speak at the 4th International Africa Development Forum on Power and Agricultural Investments

February 25, 2016
Casablanca, Morocco, 25th February 2016 – Over 1,500 African business leaders are gathered at the 4th International African Development Forum in Casablanca, taking place on the 24th and 25th of February, 2016.
Electrify Africa Bill

Tony Elumelu Applauds US Congress for the passage of the ‘Electrify Africa Act’

February 3, 2016
Leading investor and Chairman, Heirs Holdings, UBA Plc and founder of the Tony Elumelu Foundation, Tony O. Elumelu has applauded the U.S.

African Leaders Urge Passage of Electrify Africa Act

January 28, 2016
In the next week, the U.S. House of Representatives is expected to vote on the Electrify Africa Act, passed by the Senate under unanimous consent late last year.

Alleged Termination of Contract Between Afriland Properties Plc and Lagos State

August 20, 2015
The management of Afriland Properties Plc notes with concern, recent reports relating to its transaction to redesign and redevelop the iconic Falomo Shopping Centre in Lagos.

Implementation of Phase 1 of West African Capital Market Integration Programme Completed with Inaugural Trade between United Capital Securities (Nigeria) and CAL Brokers (Ghana)

July 29, 2015
Lagos, Nigeria, 28 July 2015 – The West African Capital Markets Integration Council (WACMIC) is pleased to announce the successful completion of its first direct trade between two West African countries under phase one of its integration programme to promote trade across member countries.

Teragro invests in extraction cup technology

July 19, 2015
Teragro Commodities Limited, the agribusiness subsidiary of Transnational Corporation of Nigeria (Transcorp) Plc,  has acquired and installed extraction cup technology, which enables the company to deliver superior quality juice concentrate that meet international quality standards.

United Capital Plc Reports Grows Gross Earnings by 22%/ N 2.750bn

July 16, 2015
Lagos, Nigeria, July 14th, 2015 – United Capital Plc, one of Nigeria’s leading investment banking and financial services firms, announces unaudited earnings growth of 22% for the half year ending 30th June 2015 from N 2.26 billion in 2014 to N 2.75 billion in 2015.

Lion’s Head and United Capital Asset Management Appointed Managers for the Africa Local Currency Bond Fund

July 16, 2015
Together as Fund Managers, Lion’s Head and United Capital will offer unrivaled experience in African debt capital markets with substantive coverage across the continent.