The State of Power in Nigeria
Nigeria, the most populous nation in Africa, has long struggled with electricity supply challenges, including frequent power outages, inadequate infrastructure, insufficient investment, energy theft, and inefficient distribution networks. More recently, the country has been plagued with incessant national grid collapse (105 in the last nine years) leading to blackouts across the nation. Despite these setbacks, […]
Transcorp Group Champions Nigeria’s Energy Future at the 2024 Nigeria Energy Summit
At the recently concluded 2024 Nigeria Energy Summit, Transcorp Group reaffirmed its leadership in shaping the future of Nigeria’s energy sector, with two of its key executives driving the conversation on building infrastructure for gas-to-power projects. Vincent Ozoude, MD/CEO of Transafam Power Limited, and Christopher Ezeafulukwe, MD/CEO of Transcorp Energy Limited, were at the forefront of discussions aimed at tackling […]
Greener Tomorrow: Transcorp Champions Environmental Project Promoting Waste Management and Recycling in Local Schools
Transnational Corporation Plc (“Transcorp”), Nigeria’s largest listed diversified conglomerate renowned for its investments in the Power, Hospitality and Energy sectors, has embarked on a groundbreaking environmental Corporate Social Responsibility (CSR) project. On Wednesday, September 20th, the group launched an initiative aimed at sensitising schools across the country on proper waste management and recycling, fostering a […]
Transcorp Continues to Deliver Strong Performance as H1 2023 Financials Show Sustained Growth
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced reported its financial results for the first half of the year ended June 30, 2023, recording commendable growth across all its major indices. The Group achieved an impressive revenue of N82.1 billion in H1 2023, compared to N62.9 billion in […]
Fire Incident at our Neighbour’s Building, Adjoining our Head Office
On Saturday 26th October 2019 there was a fire incident at the building next to our Headquarters located at 38 Glover Road, Ikoyi Lagos. We had limited damage to the adjoining parts of the building but there was no loss of vital documents. Equally, no injury was sustained by any personnel on ground. The Lagos […]
Tony Elumelu at the post-privatisation Discharge Ceremony of Transcorp Hilton Abuja
Tony Elumelu at the post-privatisation Discharge Ceremony of Transcorp Hilton Abuja
Transcorp’s President/ CEO Valentine Ozigbo discusses bid for Afam
Nigeria’s National Council on Privatisation has approved Transcorp Power Consortium as the preferred bidder for the 100 per cent acquisition of Afam Electricity Generation Company with a bid price of N105.3 billion. Our President and CEO, Valentine Ozigbo joins CNBC Africa to discuss this and the company’s future outlook.
Transcorp Holds 2019 Analysts Parley, Projects Improved Performance Outlook Despite Tough Operating Environment
July 23, 2019. Lagos, Nigeria. Transnational Corporation of Nigeria Plc (“Transcorp”) held its Half Year Analysts Parley for journalists, financial analysts and investors. Represented by its President/CEO, Subsidiaries MD/CEOs and other senior management staff, the company presented and discussed its financial results for the half year ended 30 June 2019. Highlights of the Group’s results […]
Forbes Africa Feature – Top 50 Companies on the Nigerian Stock Exchange
The Signature 50 ranking is dedicated to the biggest 50 companies listed on the Nigerian Bourse, with valuations in excess of USD50 Million. In collaboration with the Nigerian Stock Exchange, it aims to create a sustainable and special publication like the Fortune 500, S & P 500 and Forbes Global 2000 to identify and recognize […]