Transcorp Plc Appoints Stanley Chikwendu as Group Company Secretary
Transnational Corporation Plc (“the Company”) appoints Mr. Stanley Chikwendu as the Group Company Secretary of Transnational Corporation Plc and its subsidiaries, with effect from September 5, 2023. Stanley is a distinguished legal and corporate governance professional, with experience across diverse industries including financial services, real estate, and aviation. Prior to joining the Company, he was Company […]
Owen Omogiafo Wins Outstanding Africa CEO of the Year Award
Transcorp Group is pleased to announce that our President/Group CEO, Dr. Owen Omogiafo OON, received the Outstanding Africa CEO of the Year Award at the 13th edition of the African Achievers Awards. This award recognizes the remarkable leadership and significant contributions made by our President toward the growth and development of the African continent. The African […]
Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines
The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo on Tuesday commissioned Transafam Power – a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State. With an already existing power plant residing in Afam, this brings the cumulative generating capacity of the plant to 1,000MW. The […]
Transcorp Power, First Power Generation Company to Fulfil All Privatisation Obligations, Receives Discharge Certificate from Federal Government of Nigeria
Transcorp Power Plc., Nigeria’s leading power generation company, located in Ughelli Delta State, with an installed capacity of 972MW, was presented with a post-privatisation discharge certificate by the Federal Government of Nigeria, following fulfilment of all privatization conditions. Transcorp Power will no longer be subjected to post-privatisation monitoring and is the first privatized power generation company to […]
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 […]
Owen Omogiafo of Transnational Corporation Recognised on Africa.com’s 2023 Definitive List of Women CEOs
Johannesburg, South Africa, April 19, 2023 – Transcorp’s, Owen Omogiafo, President and GCEO, made the Africa.com 2023 Definitive List of Women CEOs. This list, the only one of its kind in Africa, is a data-driven list that recognizes the women who lead big business in Africa. Big business, for this purpose, is defined as being […]
Sustained Growth: Transcorp Plc Delivers Strong Performance as Revenue Rises by 21%
Transnational Corporation Plc (Transcorp) has released its financial results for the full year ended December 31, 2022, demonstrating significant improvements in its major income lines. The conglomerate with investments in the Hospitality, Power, and Oil & Gas sectors, recorded growth in its profit before tax, which rose by 8% to N30.3 billion compared to N27.9 […]
Transcorp Power Plc’s Staff School Hosts Successful 8th Biennial Inter-house Sports Competition
Transcorp Power Plc., a subsidiary of Transnational Corporation Plc (Transcorp) has continued to contribute significantly to the development and wellbeing of the community where it operates. The staff school which Transcorp Power Plc. adopted following the takeover of the Ughelli Plant, on Wednesday, February 15, 2023, held its 8th biennial inter-house athletics sports competition. Commenting […]
Transcorp increases power generation to the National Grid as it commissions rehabilitated GT Unit 20
TransAfam Power Ltd, a subsidiary of Transcorp Group, has announced the completion of the rehabilitation of its Afam 5 GT unit 20 Gas Turbine power-generating unit located at Okoloma – Afam, Ndoki in Oyigbo Local Government Area of Rivers State. The rehabilitated unit, which has been successfully commissioned and synchronized to the national grid, bringing […]
Transcorp Group Bags Multiple Awards at the 2022 Pearl Awards
Transnational Corporation Plc, Nigeria’s largest listed conglomerate with investments in the Power, Hospitality, and Energy sectors has emerged winner of the Sectorial Leadership Award – Conglomerates and the Highest Dividend Cover Award at the Pearl Awards which took place, on November 27, 2022, in Lagos, Nigeria. Transcorp was awarded in recognition of outstanding operational and […]