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United Capital Plc Client Transcorp Hotels Plc Lists N10 Billion Series 1, 7 Years, 16% Coupon Bond at the Nigerian Stock Exchange and FMDQ OTC

On Monday, January 18 United Capital Plc joined their client Transcorp Hotels Plc at NSE and FMDQ during the listing of their N10 Billion Series 1, 7 Years, 16% Coupon Bond. United Capital served as the Issuing House/Underwriter and Sole Stockbroker to the Bond.

“United Capital is the reason we are here. When things got tough, they buckled up. They are the reason why we are smiling,” stated Valentine Ozigbo, CEO, Transcorp Hotels Plc”

“This transaction represents one of the ways we support leading businesses through our expertise in capital raising. United Capital has been Lead Issuing House and Lead Underwriter and Trustee to the largest Local Currency Bonds issued in both 2014 and 2015 and has between September 2014 and December 2015 invested N45bn in bonds issued by Nigerian States and Corporate entities,” stated Oluwatoyin Sanni, Group CEO, United Capital Plc.

 

In 2015, United Capital was Issuing House to 70% of Nigerian Debt Capital Market issues and 33% of Equity Capital Market Issues. Coming from a successful 2015, United Capital remains committed to making significant contributions to the success of our esteemed clients.

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JOSEPH ONYEMA

Head, Group Enterprise Performance Management
Joseph Onyema
Joseph is the Head, Group Enterprise Performance Management at United Capital Plc.
Over the last 16 years, Joseph has worked with and led teams whose responsibilities cut across a major spectrum of technology transformational and retail growth projects and consultancy. Joining the group in 2017, Joseph started out leading the technology team for 5+ years in the position of the Group, Chief Information Officer, a role in which his focus on execution to reposition the business was exemplary, hence leading to increased digital presence, retail growth and improved revenues, with keen focus on our growth during the COVID-19 pandemic where the business was run totally virtual and saw outstanding growth in customers, revenue and profitability.​
Leveraging on his education, performance, experience and spirit of execution, Joseph transitioned to the Group Head, Enterprise Performance Management, where he brings his analytical and technological prowess coupled with his background in managing teams and businesses to bare in monitoring and tracking business units and employees performances, while helping them to improve in their performance and ensuring the group continues to win in all its endeavours.
Before joining United Capital, Joseph headed the Group Technology Operations at Cordros Capital Limited where he transitioned the business from a High Net-worth Individual (HNI) focused business to retail-focused business with total leverage on technology to drive B2C sales across verticals while exploring new markets and partnerships. Prior to Cordros Capital, he had led the Enterprise & Cloud Services team at Soft Solutions Limited, an IT Consultancy firm with a footprint across 15 Nigerian banks on enterprise security, cloud projects, and consultancy where he developed, deployed, and led support teams to manage several financial and FMCG application suites.
A Tony Elumelu entrepreneur from 2016 before joining the group, and a member of the prestigious Beta Gamma Sigma international business honor society, continues to reinvent himself and deliver exceptionally to the United Capital family.