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 […]
Transcorp Group Unveils Strategy to Drive 2019 Projections
Targets Cost Management Initiatives to Drive Hospitality Business, Others Transcorp Power positions to maintain power generation lead in Nigeria by increasing its generation capacity. Lagos, Nigeria: Nigeria’s leading conglomerate, Transnational Corporation Plc has set strategies to maintain the strong business performance displayed in the recently released 2018 year-end results. The company articulated its robust growth projections […]
Shareholders Laud Transcorp’s Outstanding Results
Abuja, Nigeria, March 15, 2019 – Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have commended the Board and Management of the company for their remarkable achievements demonstrated in the company’s record-setting financial performance in 2018. Speaking at the company’s 13th Annual General Meeting, which was held at the iconic Transcorp Hilton, Abuja on Friday, March 15, 2019, […]
Transcorp Sets Record Performance with Profit After Tax of N20.6bn
Lagos, Nigeria – February 15, 2019 – Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate, has announced its audited results for the year ended 31st December 2018, with a 94% growth in Profit After Tax (PAT) of ₦20.6bn in 2018 compared to ₦10.6bn in the prior year. The Group recorded an unparalleled improvement within the year as turnover grew […]
Valentine Ozigbo resumes as President/CEO of Transcorp Plc as Owen Omogiafo resumes as the new MD/CEO, Transcorp Hotels Plc
Abuja, Nigeria, 18th January 2019 – Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owners of the award-winning Transcorp Hilton Abuja and the iconic Transcorp Hotels Calabar hosted a farewell/welcome dinner in honour of its immediate past Managing Director/CEO, Valentine Ozigbo who has been elevated to the role of the […]
Adim Jibunoh and Valentine Ozigbo on CNBC Africa
On Monday 29th of October, the President/CEO of Transnational Corporation of Nigeria, Adim Jibunoh and the MD/CEO of Transcorp Hotels Plc, Valentine Ozigbo featured on the Open Exchange West Africa hosted by CNBC Africa (DSTV Channel 410) . The issues discussed include; the positive Q3 financial year reports, the change of guard in leadership and […]
Transcorp Acquires Additional Prime Real Estate for Transcorp Hilton Ikoyi Hotel.
Transcorp Hotels Plc, last week Thursday, celebrated a landmark moment and a giant leap towards final completion of the proposed five star, Transcorp Hilton Ikoyi Hotel to be located on Glover Road, Ikoyi, Lagos. The audacious project required more land in order to construct the “Twin Tower”, multi-use structure that will feature the hotel as well as […]
Transnational Corporation Of Nigeria Sustains Momentum. Grows HY 2018 Profit After Tax by 161%
Nigeria’s leading and diversified investment conglomerate, Transnational Corporation of Nigeria Plc (“Transcorp”) has announced its Unaudited Financial Statements for the period ended June 30, 2018. The Group showed significant growth over same period last year recording a turnover of N54.09billion, Profit Before Tax of N11.94billion and Earnings Per Share of 11.60 Kobo. Sustaining the strong performance in Q1 […]
Transcorp Hilton Abuja Completes Upgrade of Executive Floors
Abuja, Nigeria – June 07, 2017 –Transcorp Hilton Abuja today announced the reopening of its Executive Floors and Lounge following the complete renovation of the floors. The reopening of the highly coveted floors marks a milestone in the on-going $100 million renovation project of the 5-star hotel; which has won numerous awards including the World […]
Transcorp Appoints Owen Omogiafo As Executive Director
Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerates, has appointed Mrs. Owen Omogiafo as an Executive Director with effect from July 1, 2018. She will in her new role support in driving and delivering on Transcorp’s strategic ambitions as the conglomerate continues to fulfil its special mission of lighting homes, schools, and […]