When the board and management of Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), announced the appointment of Uzo Oshogwe as the new managing director/CEO of the leading hospitality company, effective January 1, 2025, many staff members and stakeholders were excited.
A year on the job, there have been commendations for Oshogwe’s impressive performance. Her huge focus on expansion drive, enhancement of product and facility offerings, and operations that align with world best practices cannot be overemphasised.
For some industry observers, Oshogwe truly brought her over 30 years of outstanding leadership experience, with significant roles at United Bank for Africa, Accenture UK, and Afriland Properties Plc, to bear in her new role at Transcorp Hotels Plc in the past one year.
As well, her proven expertise in driving strategic growth and delivering value aligned perfectly with the vision of Nigeria’s leading hospitality company.
In 2025 and under Oshogwe, Transcorp Hotels Plc achieved many industry and business feats. One of the highlights was the commissioning of the Transcorp Centre, a new 5,000-seat capacity event centre, which is, no doubt, a strategic business milestone.
Of course, the world-class Transcorp Centre, which is a major investment, has expanded the company’s footprint in the Meetings, Incentives, Conferences, Exhibitions (MICE) industry, while positioning Abuja as a leading conference destination in Nigeria and West Africa.
The AfreximBank General Meetings, 68th Meeting of the UN Tourism Regional Commission for Africa (CAF), among other high profile events, which attracted world leaders and industry giants to Transcorp Centre in 2025, attested to its capacity to host global events, amid world-class facilities.
Yet, Transcorp Hotels Plc has also sustained its impressive financial achievements under Oshogwe’s leadership, with soaring revenue and profit growth.
Read also: Meet Uzoamaka Oshogwe: A fresh breath at Transcorp Hotels
In the first quarter of 2025 (Q1), Transcorp Hotels reported N21.0 billion revenue, representing a 52 percent increase from Q1 2024 performance.
The hospitality company sustained the feat with an impressive half year (H1 2025) performance, with revenue growing 60 percent year-on-year, to N47.57 billion.
Also, the gross profit surged 71 percent, and an interim dividend of over N1 billion (10 kobo per share) was approved, demonstrating strong shareholder returns.
In the third quarter (Q3 2025), the performance was equally superb with N72.31 billion, representing a 49-percent year-on-year increase, while Profit Before Tax (PBT) grew 36 percent to N22.4 billion, with gross profit margin expanding to 76 percent.
Meanwhile, the impressive revenue earnings reflect operational efficiency and strong service delivery, courtesy of the efficient leadership and supportive team at Transcorp Hotels Plc.
Again, under her leadership, the shareholders got more value and returns on their investments, while the huge and sustained earnings positively impacted the market, wooing more investments in the hospitality industry.
The shareholders were excited by the sustainable financial performance and strong dividends, especially as Transcorp Hotels had earlier entered the ₦1 trillion market capitalisation club on the Nigerian Exchange — a significant milestone reflected under its strong performance trajectory.
So far, it is the first and only hotel company in Nigeria to achieve the ₦1 trillion market capitalization milestone on the Nigerian Exchange.
As well, the impressive performance of the hotel company under Oshogwe, caught the attention of many, amid awards and recognitions in 2025.
Transcorp Hotels Plc was recognised as one of the fastest growing companies in Africa by Statists, which was published in Financial Times, while Africa Business Magazine recognized the company as one of Africa’s top 250 companies in the year 2025.
Transcorp Hotels Plc also won big at Seven Star Luxury Awards in Portugal in 2025 where it was honoured with three outstanding awards: Best Luxury Business Hotel (Nigeria & Africa); Best Luxury Event & Conference Centre (Nigeria & Africa), won by Transcorp Centre and the Best CEO of the Year won by Uzoamaka Oshogwe — for transformative leadership and visionary growth.
As usual, Transcorp Hilton Plc also continued its dominance at the World Travel Awards 2025, still under Oshogwe’s leadership, where Transcorp Hilton Abuja clinched five major honors including: Nigeria’s Leading Business Hotel; Nigeria’s Leading City Hotel; Nigeria’s Leading Hotel; Nigeria’s Leading Hotel Suite (Presidential Suite) and Africa’s Leading Business Hotel.
At home, Transcorp Hotels Plc was honoured with the Hospitality Company of the Year 2024 Award at the Independent Newspapers Awards (declared in 2025).
At home, Transcorp Hotels Plc was honoured with the Hospitality Company of the Year 2024 Award at the Independent Newspapers Awards (declared in 2025).
However, the numerous awards and recognitions in 2025, reflect consistent service excellence and positioning among top hospitality brands in Africa, as well as highlight the company’s transformation, sustainable growth, and profitability, particularly surging revenue and profit performance.
With the testimonies that abound, Transcorp Hotels under Oshogwe’s leadership in 2025, has demonstrated a blend of strong financial discipline, strategic asset expansion, and brand excellence, marking its prominence in both domestic and international hospitality arenas.
No doubt, her personal recognition as Best CEO of the Year in 2025, underscored the impact, amid a vote of confidence on her leadership by the board, management, staff and especially the guests, who are better served now, and corporates who now gather under the Transcorp Centre, a world-class facility that has changed business and event industry in Abuja.
With the 2025 feats behind her, Oshogwe is not relenting, she is promising more for the shareholders, staff members and guests this year and beyond.
