BusinessHighlight

Heirs Holdings Investee Companies Shine at Pearl Awards…Sweep Up Six Awards 

422

At the 2017 Pearl Nigeria Awards, United Capital Plc and Transcorp Hotels Plc won six awards in various categories. The event was held over the weekend, at Eko Hotels & Suites Lagos, with the theme “Winning with Tenacity”.

United Capital Plc won five awards, three of which were in the Main Competitive Award Category at the PEARL Nigeria Awards. The firm also received the overall highest award ‘The PEARL’.

‘The PEARL’ award was based on United Capital’s outstanding corporate governance and stock performance.

Other awards won by United Capital Plc included:

Sectoral Leadership Award, Financial Services – Other Financial Institutions (Main Competitive Award Category)Sectoral Leadership Award, Highest Dividend Yield (Main Competitive Award Category)Good Corporate Governance Award (Special Recognition Award Category)OutstandingCEO of the Year Award (Honorary Award Category)

Transcorp Hotels Plc, represented by the CEO, Valentine Ozigbo, walked away with the award for Sectoral Leader in the Nigerian Capital Market for Services (Hotels Sector).

The PEARL Awards Nigeria, is one of Nigeria’s foremost award recognition bodies, focused on rewarding corporate excellence in local institutions and promoting healthy competitiveness amongst quoted companies through growth, diversification and innovation; ultimately leading to improved performance on the Nigerian Stock Exchange.

Tony Elumelu, Chairman of the African proprietary investment company, Heirs Holdings, commented, “I am delighted by this recognition. Both companies have done very well. As an investor, I appreciate the unwavering efforts of the management, who are seasoned leaders in their respective fields, and the staff, who remain focused on delivering on their promise to all stakeholders. These accolades are well deserved.”

Heirs Holdings Group, with investments in power, banking & financial services, oil & gas, healthcare, real estate and hospitality, continues to lead in its sectors of operations and investments with companies that are impacting lives and transforming Africa.

Leave a comment

Related Articles

Rivers Administrator summons Fubara, deputy, to justify reinstatement, appointments made

Rivers Sole Administrator, retired Vice Admiral Ibok-Ete Ekwe Ibas, has summoned the...

Trump’s Tariff Policies Spark Oil Market Volatility, Threaten Nigeria’s Economy – NMDPRA Boss

The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory...

Nigeria Shines at ITTF World Para Future Tournament in Jordan

Team Nigeria made a powerful performance at the just concluded ITTF World...

FCT security gets boost as NAF, NPF agree to join forces

In a strategic move to bolster security in the nation’s capital, the...

Just in: Inflation rises to 24.23% in March 2025

Nigeria’s headline inflation rate has increased to 24.23% in March 2025, up...

U17 Women’s World Cup Qualifier: Flamingos Battle Algeria

Nigeria’s U17 girls, Flamingos, are intensifying preparations for their FIFA U17 Women’s...

Nigerians lose N1.3trn as CBEX digital trading platform crashes

Nigerians took to their various social media platforms to lament their losses...

Gunners Look to Seal Quarterfinal Spot Against Real Madrid

Arsenal’s Champions League quarter-final second leg against Real Madrid at the Bernabeu...

Arsonist sets fire to US Pennsylvania governor’s residence, ex-Pres. Joe Biden fumes

A suspected arsonist on Sunday broke into the residence of Pennsylvania Governor,...

PDP Governors Rule Out Merger With Other Parties, Open To Defectors Ahead of 2027 Polls

The People’s Democratic Party (PDP) Governors Forum has ruled out merging with...

AGC relocation: NBA slams Rivers Administrator Ibas over N300m claim, calls it gift, not hosting rights

The Nigerian Bar Association (NBA) has vehemently denied claims by Rivers State’s...

Just in: National conference shift: Refund N300m hosting rights, Rivers Govt tells NBA

After the Nigerian Bar Association (NBA) relocated its national conference from Port...

Updated: Defamation Case: Portable Sent to Prison for Not Meeting Bail Terms

For failure to meet the stringent bail conditions imposed on him by...

Emergency Rule: Rivers Magistrate Slams ‘Quasi-Military’ Rule, Quits Over Ibas’ Appointment

After 16 years of dedicated service to the Rivers State judiciary, Chief...

Nwankwo Kanu’s Enyimba Reaps $400,000 Reward from CAF

Nigerian football powerhouse, Enyimba International FC has received a significant financial boost,...

Just in: Alleged defamation of Saheed Osupa: Portable gets N1m bail, other stringent conditions

Following his arraignment on charges of criminal defamation, intimidation, inciting public disturbance,...

VP Shettima Launches Tinubu’s Human Capital Development Strategic Plan, Roadmap In Uyo

Vice President Kashim Shettima has arrived in Uyo, Akwa Ibom State, to...

Just in: Rivers Emergency Rule: Hundreds of Women Rally Support for Administrator

Barely 21 days after President Bola Tinubu declared a state of emergency...

FCT Police Urge Residents, Motorists to Obey Traffic Laws, Prioritize Road Safety

FCT Police Commissioner Saka Adewale Ajao has made a passionate appeal to...

Portable Arrested After Saheed Osupa’s Petition Sparks Legal Action

Nigerian street-hop sensation, Habeeb Okikiola, popularly known as Portable, has been arrested...