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Transcorp Hotels Appoints Two New Directors

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transcorp-hotels

By Modupe Gbadeyanka

The management of Transcorp Hotels Plc has announced the appointment of two new persons into its Board.

In a letter signed by the company’s Secretary, Mrs Helen Iwuchukwu, the company also said it accepted the resignation letter from Mr Omoniyi Fagbemi with effect from October 7, 2016.

He Fagbemi was a Non-executive Director at the company.

It was stated that at the meeting of the board of Transcorp Hotels Plc held on Friday, October 7, 2016, Mrs Saratu Umar was appointed as an Independent Non-executive Director of Transcorp Hotels Plc, effective from October 7, 2016.

Also, at the meeting, it was disclosed in the letter that Dr Bakari Wadinga as appointed a Non-executive Director of the company effective October 7, 2016.

Dr Wadinga is an Economist born in 1960 in Adamawa State. He started his working career in 1985 as an Auditor and Accountant trainee at Peat Marwick Ani Ogunde & Co now called KPMG Audit, Maiduguri office.

In 2000, he was the Chief Accountant in the Ministry of Defence in Abuja, while in 2005, he was the Head, Planning, Reporting and Statistics Department at the Federal Inland Revenue Service in Abuja.

On the other hand, Mrs Umar is a 1989 graduate of B.Sc. Economics from the prestigious Amadu Bello University Zaria.

She was appointed the Executive Secretary/Chief Executive Office of the Nigerian Investment Promotion Commission (NIPC) on May 19, 2014, the first female to hold that position since its establishment in 1995.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Travel/Tourism

FAAN to Introduce Facial Recognition at Nigerian Airports

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Lagos airport

By Adedapo Adesanya

The Federal Airports Authority of Nigeria (FAAN) has announced plans to introduce V-Pass, a biometric facial recognition system designed to make passenger processing faster, safer and more seamless across its domestic airports.

According to FAAN, the new technology will allow passengers to verify their identities through facial recognition after a one-time enrolment, reducing reliance on physical identification documents and shortening queues through automated electronic gates.

The authority said the system is expected to enhance airport security while improving the overall travel experience for domestic passengers.

FAAN added that V-Pass has been developed with data privacy at its core and is compliant with the Nigeria Data Protection Regulation (NDPR).

The agency described the initiative as part of its commitment to delivering smarter, technology-driven airport services and said nationwide sensitisation and rollout updates would be announced in due course.

Airports in countries including the United States, the United Kingdom, Singapore and the United Arab Emirates already deploy facial recognition technology for processes such as check-in, security screening, immigration and boarding, so the move also aligns Nigeria’s aviation sector with a growing global trend towards contactless travel.

These systems have been adopted to improve operational efficiency, strengthen security and enhance the overall passenger experience.

For FAAN, the deployment of V-Pass forms part of its broader digital transformation agenda aimed at modernising airport operations and accommodating rising passenger traffic.

Experts say that beyond improving convenience, the authority expects the biometric platform to strengthen identity verification, reduce the risk of impersonation and support more efficient airport security, while maintaining compliance with data protection.

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Travel/Tourism

Honeywell Group Acquires 14.12% Stake in Ikeja Hotel

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Ikeja Hotel

By Aduragbemi Omiyale

About 14.12 per cent stake in Ikeja Hotel Plc has been acquired by Honeywell Group Limited, a notice on the Nigerian Exchange (NGX) Limited has revealed.

Honeywell Group took up the part of the hospitality firm through one of its affiliates known as HGL Real Estate Limited.

Ikeja Hotel, in the disclosure filed with the NGX on July 2, 2026, said the stake comprised 305,323,525 units of its equities.

“Ikeja Hotel hereby notifies the Nigerian Exchange Limited and the general public that it has received notification from HGL Real Estate Limited, an affiliate of Honeywell Group Limited, that it has acquired 305,323,525 units of Ikeja Hotel Plc’s shares, representing 14.12 per cent shareholding in the company,” the notice stated.

Ikeja Hotel is one of Nigeria’s leading hospitality investment and hotel management companies with premium hospitality assets.

It operates two leading hospitality organisations in Lagos, the Sheraton Lagos Hotel and Balmoral Convention Centre.

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Travel/Tourism

Lagos Shuts Down 10 Hotels, Restaurants for Environmental Violations

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LASEPA seals hotels restaurants

By Aduragbemi Omiyale

About 10 hospitality establishments, including hotels and restaurants, were sealed on Wednesday by officials of the Lagos State Environmental Protection Agency (LASEPA).

The affected businesses are located in different locations in the Alimosho Local Government Area of the metropolis, Business Post learned from a statement from the agency.

It was stated that they were sealed by LASEPA for persistent violations of environmental regulations despite repeated warnings, abatement notices, and several opportunities to comply with the agency’s directives.

According to the notice, the enforcement exercise was carried out in line with the directives of the Lagos State government to ensure strict compliance with environmental laws and to safeguard public health.

The affected facilities were said to have breached various environmental regulations, including noise pollution, air pollution, unlawful discharge of untreated effluent, obstruction of official duties, among others.

LASEPA closed the premises of Granduer Meridian at Obasa Akiniyi Street, Oluwaga, Ipaja for non-compliance with the agency’s directives; Lasola (Spazio Bar), located on Ipaja Road, Fatolu Bus Stop, Ipaja, was sealed for noise pollution and non-compliance with directives; Millennium Restaurant, located at Gate Bus Stop, Ipaja, Ayobo, was shut down for non-compliance with directives; O2 Exquisite Suites & Tower on Jimoh Akinremi Street, Jimoh Bus Stop, Akowonjo, was sealed for non-compliance with directives; and Chirozz Hotel & Suites, located on Samuel Street, Akowonjo, by Vulcanizer Bus Stop, Egbeda, was closed for noise pollution and non-compliance with directives.

In addition, House 7 Hotel, located at Remi Akande Street, Egbeda, was sealed for non-compliance with LASEPA’s directives; House 48 on Isiba Oluwo Street, Egbeda, was sealed for non-compliance with directives; Exclusive Hotel, located at Ishan Kimishe, Akesan Bus Stop, was shut down by non-compliance with directives; Sabola Ventures Limited, Iocated at Km 11, LASU–Isheri Road, Igando, was shut down for operating without evidence of an Effluent Treatment Plant (ETP), and discharging untreated effluent into public drains; and City Int’l Motel, located at Chief Olu-Adegbite Street, off Oladun Street, Council Bus Stop, Idimu, was sealed for non-compliance with directives.

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