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Transcorp Hilton Abuja celebrates 30 year Anniversary

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The award winning Transcorp Hilton Abuja hotel in Nigeria is celebrating its 30th anniversary this year, having officially opened its door to its first guest on the 21st of April, 1987. The iconic hotel, which has through the years, hosted Royalty, Presidents, Global leaders, celebrities and other dignitaries, gathered friends, partners, clients, its board members and staff to commemorate its legacy and rich history as a pioneer in Nigeria’s hospitality sector.

 

Built on 20 hectres of land, the 670 bedroom 5-star hotel began operations as Nicon Noga Hilton Hotel, a member of the Hilton family of brands.

 

To commemorate this milestone, Transcorp Hilton Abuja hosted a cocktail and dinner with an array of entertainment and activities, highlighting and celebrating the impact of Transcorp Hilton as an iconic landmark in Nigeria.

 

Speaking at the dinner, Rudi Jagersbacher, President, Middle East and North Africa, Hilton Worldwide commended the Transcorp Hilton stating that its contribution to the brand equity and perception of Hilton Worldwide has been recognised all over the world.

 

“I would like to commend the entire hotel team for their incredible passion and commitment to delivering excellent experiences for our guests from around the world” he said.

 

Since its opening Transcorp Hilton Abuja, has played host to numerous high-profile and celebrity studded events, such as the ECOWAS, World Economic Forum Africa, Miss World Pageant, the Commonwealth Heads of Government Meeting (CHOGM), amongst others.

 

Opening the anniversary event, Tony O. Elumelu, chairman of Transcorp Plc owners of Transcorp Hilton Abuja, thanked guests and shareholders for begin a part of the journey so far. “On behalf of the board of Transcorp Plc, thank you for your custom, patronage and your good will. You are the reason we are celebrating today,” he said.

 

Elumelu added that Transcorp Hilton has transcended the description of being just a hotel to becoming one of Nigeria’s most valued icons.

 

“Transcorp is not just a company owned by people but an iconic institution owned by every Nigerian. Transcorp Hilton Abuja is beyond the Transcorp franchise; it is a national icon,” he concluded.

 

In line with its strategic goals, earlier this year, Transcorp Hilton Abuja embarked on a $100million renovation project to deliver on its promise of customer excellence. In 2016 alone, the hotel has won 11 awards and nominations on customer service and innovation.

 

The exclusive dinner was well attended, guests included Dr Emmanuel Ibe Kachikwu, the honourable Minister of state, Petroleum Resources; Simon Vincent, Executive Vice-President, Hilton, Europe, Middle-East and Africa; Dr Chris Ngige, Minister of Labour and Employment; Chika Balogun, Director General and Chief Executive Officer of the National Institute for Hospitality and Tourism (NIHOTOUR); Adim Jibunoh, CEO/President, Transcorp Plc. and Valentine Ozigbo, CEO, Transcorp Hotels Plc. amongst others.

 

West African Idol winner, Timi Dakolo graced the stage, launching the Transcorp Hilton anthem. Kaffy, Waje and K-Cee also entertained guests.

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Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning

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Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning

Alpha Morgan Bank has reaffirmed its commitment to education and institutional development through its support for the commissioning of the Redeemer’s University Business School.

The Business School was officially inaugurated by Pastor (Mrs.) Folu Adeboye, at the commissioning ceremony attended by distinguished guests including Her Excellency, Mrs. Bola Obasanjo; the Pro-Chancellor and Chairman, Governing Council of Redeemers University, Professor Oluwatoyin Ogundipe; the Vice Chancellor, Professor Shadrach Olufemi Akindele; and other notable dignitaries.

Speaking at the event, the Managing Director of Alpha Morgan Bank reiterated the  Bank’s commitment to supporting institutions that drive intellectual growth and national development.

As part of its broader focus on knowledge sharing and thought leadership, Alpha Morgan Bank will host its Economic Review Webinar in May 2026, bringing together experts to share insights on key economic trends and opportunities.
The Bank’s involvement reflects its continued dedication to empowering institutions and shaping the future of business and leadership in Nigeria.
Read more about Alpha Morgan Bank on www.alphamorganbank.com

 

 

PHOTO

L-R: Prof. Shadrach Olufemi Akindele, Vice Chancellor, Redeemers University, Engr.  Eloka Eje, Dr Perez Araka, Pastor (Mrs) Folu Adeboye, Mother-In-Israel, The Redeemed Christian Church of God, Mr Ade Buraimo, MD/CEO Alpha Morgan Bank, Dr (Mrs) Oluwatomi Somefun, Dr. Simeon Ifere, at the inauguration of the Redeemer’s University Business School, Redemption City, Ogun State on Thursday 2nd April, 2026

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Tinubu Aide Rebuts Rufai Oseni Over ₦3.3tn Power Debt Deal

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Otega Ogra: Online Misinformation Endangers Public Trust and Stability

Tinubu Aide Rebuts Rufai Oseni Over ₦3.3tn Power Debt Deal

The Presidency has strongly refuted allegations of “accounting fiction” and misinformation surrounding Nigeria’s ongoing power sector financial reforms.
O’tega Ogra, Senior Special Assistant to President Bola Ahmed Tinubu on Digital and New Media, took to social media to challenge comments made by Rufai Oseni, accusing the broadcaster of misrepresenting government efforts to resolve legacy debts in the electricity value chain.
At the heart of the dispute is the reconciliation of longstanding debts owed to Generation Companies (GenCos) and gas suppliers—an issue that has long constrained liquidity within Nigeria’s electricity market.
₦1.4 Trillion Reduction Explained
Responding to criticism over debt figures, Ogra clarified that total legacy obligations were reduced from ₦4.7 trillion in initial claims to a verified ₦3.3 trillion, representing a roughly 30% reduction.
“That is not spin. It is the difference between a claim and a verified obligation,” Ogra stated.
“In a regulated electricity market, submitted claims must be validated against contracts, market rules, and settlement records.”
Ogra also outlined tangible progress under the reform program, emphasizing that it has moved beyond “paper restructuring” to actual financial disbursements:
₦1.23 trillion structured under Phase I
₦501 billion already raised for the first series
₦223 billion disbursed to GenCos and gas suppliers
₦197 billion currently being processed
As of March 31, 2026, eight GenCos—covering 17 power plants—have signed settlement agreements totaling ₦2.28 trillion.
According to Ogra, the reform timeline, from President Tinubu’s July 2024 directive for a sector-wide review to Federal Executive Council approval in August 2025, demonstrates a deliberate push for transparency in a sector historically plagued by opacity.
“The real question is whether the final figure reflects verified contractual exposure. That is exactly what the review process was designed to achieve,” he said.
While defending the administration’s approach, Ogra acknowledged that clearing debts alone will not resolve Nigeria’s electricity challenges. He noted complementary reforms underway, including:
Tariff alignment based on service quality
Nationwide metering expansion
Improved payment discipline
Targeted subsidies for vulnerable citizens
In a pointed remark, he urged media commentators to distinguish between incomplete progress and misinformation:
“This is not the end of the problem, but it is a structured attempt to fix it.”
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Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo

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Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo

 

In a momentous occasion that underscores the rapid infrastructural advancement of Ogun State, renowned real estate mogul and philanthropist, Aare Adetola Emmanuelking, warmly received the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, at the official commissioning of the Gateway International Airport, located in Iperu-Remo.

The landmark event, held under the visionary leadership of the Ogun State Governor, Dapo Abiodun, marks a significant stride in the state’s economic transformation agenda, positioning Ogun as a key hub for aviation, commerce, and investment in Nigeria.

Aare Emmanuelking, who is also the Chairman/CEO of Adron Homes and Properties, commended the Ogun State Government for its foresight and commitment to infrastructural excellence. He described the airport project as a “game-changer” that will not only boost connectivity but also stimulate real estate growth, tourism, and industrial expansion across the region.

Speaking during the commissioning, President Tinubu lauded Governor Abiodun’s administration for delivering a world-class facility that aligns with the Federal Government’s Renewed Hope Agenda, emphasizing the importance of strategic infrastructure in driving national development.

The Gateway International Airport is expected to serve as a critical gateway for investors and travelers, further enhancing Ogun State’s reputation as one of Nigeria’s most business-friendly environments.

The presence of top dignitaries, industry leaders, and stakeholders at the event underscores the project’s significance and its anticipated impact on the state’s socio-economic landscape and beyond.

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