Transcorp Group Revenue Hits N135Bn, Profit Grows to N30.2Bn
Transnational Corporation Plc (Transcorp), Nigeria’s largest listed conglomerate held its 17th Annual General Meeting (AGM) and declared a dividend of 5k per share, a 150% increase over the previous year’s dividend. Transcorp, which has nearly 300,000 shareholders, made history as it held its AGM virtually, making it the first public company in Nigeria to do […]
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 Plc Half-Year Performance Shows Powerful Growth as Profit Leaps by 713%
Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit after tax of N6.5bn, rising by 713% up from N0.8bn recorded in June of the previous […]
Aura by Transcorp Hotels Redefines Nigerian Hospitality Industry with New Online Platform
Aura by Transcorp Hotels is perfect for booking vacation homes, business or holiday lets, and experiences. Aura by Transcorp Hotels is a new platform that connects people to unique accommodation, great food, and memorable experiences Vice President Prof Yemi Osinbajo led the launch of Aura by Transcorp Hotels at The Transcorp Hilton Abuja Aura allows homeowners, […]
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 […]
Heirs Holdings Significantly Expands Oil and Gas Portfolio
Acquires 45% of OML 17 from Shell, Total and ENI Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent Estimated Additional 1 billion barrels of oil equivalent of further exploration potential Lagos, Nigeria, January 15, 2021 – Heirs Holdings (“HH”), the leading African […]
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 […]