Transcorp Hilton Abuja Wins World Travels Awards for a Second Time
Transcorp Hilton Abuja, for the second consecutive year, has been honoured with the prestigious award of Nigeria’s Leading Hotel 2014 and Nigeria’s Leading MICE Hotel 2014 awarded by the World Travel Awards. In hospitality parlance, MICE stands for Meetings, Incentives, Conventions and Exhibitions. Transcorp Hilton Hotel is owned by Transcorp Hotels Plc, the hospitality subsidiary […]
Transcorp Announces Group Operating Profit of N12.4bn for the Nine Months Ended September 30, 2014.
Lagos, Nigeria – October 28, 2014 – Transnational Corporation of Nigeria Plc (Transcorp) continued on an impressive growth trajectory for its FY 2014 following the announcement of its Group Profit Before Tax (“PBT”) of N9.7bn for the nine months ended September 30, 2014, an 89% year on year (yoy) increase from September 2013. Highlights of the […]
Transcorp Hotels Plc and Hilton Worldwide Continue To Expand In Nigeria with the Signing of Transcorp Hilton Port-Harcourt
Orlando, Florida, USA – 14 October 2014 – Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc, today signed an agreement with Hilton Worldwide, to develop a 250 guestroom Hilton Hotels & Resorts-branded property in Nigeria’s garden city, Port Harco ur t. Transcorp Hilton Port Harcourt will be situated at Evo Road […]
Why Transcorp Hotels IPO is a Good Deal
I am delighted to inform you that the initial public offer (“IPO” or “the Offer”) of 800,000,000 ordinary shares of Transcorp Hotels Plc (“Transcorp Hotels”) opened today and the shares are now available to the investing for subscription. Transcorp Hotels, the owner of the Transcorp Hilton in Abuja; Transcorp Hotels Calabar; and the developer of […]
Transcorp Takes Over Ughelli Power Plant
Transcorp Ughelli Power Limited (TUPL), a subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) today officially took physical ownership of Ughelli Power Plc, the owner and operator of the 1000MW capacity Ughelli Power Plant following a handover ceremony hosted by the Nigerian Federal Government. The ceremony was held at the plant located in Ughelli, Delta […]
Transcorp Announces Profit before Tax of N5.1bn for the Nine Month Period ended September 30, 2013
Transnational Corporation of Nigeria Plc (Transcorp) has announced an impressive Profit Before Tax (“PBT”) of N5.1bn for the third quarter ended September 30, 2013, which represents 130% of its full-year 2012 PBT. Commenting on the results, the President and Chief Executive Officer; Transcorp, Mr. Obinna Ufudo said: We are pleased to present our third quarter […]