Transcorp Holds 16th Annual General Meeting, Changes the Name of the Company and Commits to Building Impactful Businesses.
The Transnational Corporation (Transcorp) Plc, whose name change was approved by the shareholders at the Company’s 16th Annual General Meeting, held at the Congress Hall, Transcorp Hilton, Abuja has reiterated its commitment to building socially responsible and impactful businesses in key strategic economic sectors that served its different stakeholders.
Full Year 2021: Transcorp Group delivers outstanding performance as PBT hits N27.9bn
Full Year 2021: Transcorp Group delivers an outstanding performance as PBT hits N27.9bn in PAT leaps Significantly by 530% Group secures consistent gas supply channels and increased generation capacity Hotel Business on Track as hospitality sector fully recovered from Covid 19 impact Transnational Corporation of Nigeria (Transcorp) Plc, Nigeria’s largest, leading listed conglomerate with […]
Transcorp Delivers Robust Q3 Results
Transcorp Delivers Robust Q3 Results Records accelerated PBT growth of 671% Hospitality subsidiary, Transcorp Hotels, returns to profitability amidst the Covid-19 pandemic Lagos, Nigeria, November 1, 2021 Nigeria’s leading and largest listed diversified conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the third quarter ended September 30, 2021, indicating sustained […]
Transcorp Appoints Oliver Andrews as an Independent Non-Executive Director
Transcorp Appoints Oliver Andrews as an Independent Non-Executive Director
Transcorp delivers across portfolio: significantly increases electricity generating capacity to 2000MW, launches transformative hospitality products and advances integrated energy strategy
Shareholders salute strong Q1 2021 performance boost of profit by 2,427% Transcorp stock held by over 300,000 shareholders demonstrates leadership, resilience and commitment to Nigerian economy Lagos, Nigeria April 28, 2021 Shareholders of Nigeria’s leading diversified conglomerate, Transnational Corporation of Nigeria Plc (“Transcorp”), showed their strong confidence in the Board and management, at the Group’s […]
OPL 281: Transcorp and Efora Settle Legal Disputes
Transnational Corporation of Nigeria Plc (“Transcorp”) announced today that it has entered into an agreement with Sacoil Holdings Limited (now Efora Energy Limited, “Efora”) to settle all existing legal disputes around its Oil Prospecting Licence 281 (“OPL 281”). The agreement provides for the full and final settlement of all disputes and claims of both parties […]
Transcorp Acquires Afam Power – Deal Will Increase Access to Electricity in Nigeria
Transcorp Consortium is pleased to announce the 100% acquisition of the 966MW installed capacity Afam Power Plc and Afam Three Fast Power Limited (jointly referred to as “Afam GenCo”), at an acquisition cost of N105.3bn. The announcement was made at the State House, Abuja on Thursday, November 5, 2020, during the signing ceremony between the […]
Transcorp President/CEO Honoured as Outstanding Female Achiever of the Year & Hospitality Person of the Year
Owen Omogiafo, the President/CEO of Transcorp was honoured as the Outstanding Female Achiever of the Year and Hospitality Person of the Year at the 8th edition of Democracy Heroes Awards held at Transcorp Hilton, Abuja, last week. She emerged as the Outstanding Female Achiever for 2020 after a two-month public voting process. Owen had been […]
Transcorp Power Completes Fifth Cohort of its Skill Acquisition Training Program
Earlier this week, Transcorp Power presented Trainees from its Skill Acquisition Training and empowerment program with certificates of completion. The participants which were drawn from the host communities across Ughelli formed the fifth cohort of the program. This is one of the ways Transcorp Power contributes to the sustainable development of its operating environment.
Tony Elumelu Named in “TIME 100” List of the 100 Most Influential People in the World 2020
TIME has named Tony O. Elumelu, one of Africa’s leading investors and philanthropists, in the 2020 TIME100, the annual list of the 100 most influential people in the world. The list, now in its seventeenth year, recognises the activism, innovation, and achievement of the world’s most influential individuals. Mr Elumelu, who is one of only […]