If legacy guides us, we will begin to fix Africa – TOE at WEF Africa 2017 5th May 2017
I was brutally honest speaking on the “Leadership in an Era of Disruption” panel on Wednesday morning at the World Economic Forum on Africa 2017. I spoke in this manner because the future of our continent is at stake. We cannot continue to fail our youth each day yet hope for a transformation of our […]
Board of Transcorp Appoints New President/CEO
Nigeria’s leading listed conglomerate, operating in the power, oil and gas, hospitality and agro-industry sectors, Transnational Corporation of Nigeria Plc, has named Adim Jibunoh as its new President/Chief Executive Officer. Mr. Jibunoh will succeed Emmanuel Nnorom, who has been appointed President of Heirs Holdings, the Lagos based pan-African investment firm. Mr Jibunoh, who is currently […]
Senate Committee on Privatization visits Transcorp Power Plc: A step in the direction of solutions.
On Thursday the 10th of November 2016, the Senate Committee on Privatization visited Transcorp Power Plc’s Ughelli Power Plant, led by Senator Ben Murray Bruce, Senator Abdullahi Yahaya, and Senator Shaaba Lafiagi. The Director General, BPE, Dr Victor Akpotaire was also in attendance accompanied by aides. The Senate committee arrived to a warm reception from […]
Transcorp Plc Announces Group Profit before tax of N3.3bn for the year ended December 31st 2015
This Earnings Press Release should be read in conjunction with the full First Quarter ended March 31, 2016 Financial Statements. The Earnings Press Release is also available on our website at http://www.transcorpnigeria.com/investor-relations-2/. This analysis is dated April 29, 2016. Unless otherwise indicated, all amounts are expressed in Nigerian Naira, and have been primarily derived from […]
Transcorp Power Plc Lists N10 Billion On The NSE and FMDQ
Transcorp Hotels Plc – the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc) – today announced the listing of its Series 1 N10billion naira bond on the Nigerian Stock Exchange (NSE) and FMDQ OTC Securities Exchange. The company successfully closed its Series 1 & 2 bonds at the last quarter of 2015 and […]
Transcorp Ughelli Power Limited Becomes Transcorp Power Plc.
Today, Transnational Corporation of Nigeria Plc (Transcorp) today announced the successful merger of its two power subsidiaries Transcorp Ughelli Power Ltd and Ughelli Power Plc. The merged companies are now a single entity called Transcorp Power Plc. This is a significant milestone in the corporate history of Transcorp. The merger was designed to harmonize the management […]
Transcorp Continues on Track of Profitability Announces Before Tax Profit of N7.2billion
Transnational Corporation of Nigeria Plc (Transcorp) announced its Unaudited Nine Months Financial Results. The Group posted a profit before tax of N7.2 billion for the period under review. HIGHLIGHTS OF THE RESULT: Income Statement Gross Earnings (Group): N30.43 billion; compared to 2014Q3 results of N31.40bn; Gross Earnings (Company): N2.27 billion, compared to N1.12 billion in […]
Transcorp Plc Chairman’s Remarks at AfDB Power Conference
It’s an honour for me to be here today for the first high-level gathering under President Adesina’s leadership. When I heard him give his inaugural address a few weeks ago, during which he stated that expanding access to electric power to millions of Africans was one of the cornerstones of his first term, I was […]
Transcorp Plc Agribusiness Arm Partners With Coca-Cola on New Five Alive Pulpy Orange Juice
The Coca-Cola Company today launched a new line of fruit juice made from concentrate: Five Alive Pulpy Orange, and announced Teragro, agribusiness subsidiary of Nigerian conglomerate Transnational Corporation of Nigeria Plc (Transcorp) as the sole local-concentrate sourcing partner for the product. Transcorp agribusiness subsidiary Teragro Commodities Limited produces orange, mango and pineapple concentrates for industrial markets. Teragro […]
Transcorp Hilton Abuja Honoured at World Travel Awards 2015
Transcorp Hilton Abuja has been honoured with an unprecedented five awards by the voters of the 22nd World Travel Awards. The hotel, which is owned by Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc, emerged winner of the prestigious World Travel Awards for Africa’s Leading Business Hotel, Nigeria’s Leading Business Hotel, […]