Transcorp Power Plc Reports Strong Q3 2024 Performance, with 153% Revenue Growth and 198% Increase in Profits
Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending September 30, 2024, demonstrating remarkable growth across the business. In its Q3 2024 unaudited results filed with the Nigerian Exchange (NGX), Transcorp Power reported revenue of N223.6 billion, representing a significant […]
Transcorp Group Kicks Off Batch 2 of the Intern X Program
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, announced the launch of Batch 2 of the Transcorp Intern X Program, aimed at promoting the next generation of leaders in the power sector. Building on the success of Batch 1, which saw the enrollment of 12 talented participants, the program has expanded its reach and […]
Transcorp Power Plc Announces Appointment of New Non-Executive Director Lagos, Nigeria, August 07, 2024
Transnational Corporation Plc (Transcorp) wishes to notify the investing public that our subsidiary, Transcorp Power Plc has announced the appointment of Mr. Christopher Ezeafulukwe as a Non-Executive Director to its Board of Directors. Mr. Ezeafulukwe is a highly accomplished professional with over 20 years of executive management experience spanning multiple sectors, including power, oil and […]
Transcorp Group Delivers Outstanding Half Year Returns
Grows Revenue by 114%, PBT by 283%, and Shareholders’ Funds by 25%, Declares Interim Dividend of 10k per Share Lagos, Nigeria – Friday, July 26, 2024 Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, reported its Half-Year (H1) 2024 unaudited results, showing impressive year-on-year growth, for the period ended June 30, 2024. The Group’s […]
AEDC PARTNERS WITH TRANSAFAM POWER
AEDC Partners with Transafam Power to Deliver 50MW Embedded Power Generation to Abuja’s Idu Commercial Hub Further Important Progress in Transcorp’s Integrated Energy Strategy The Abuja Electricity Distribution Company (AEDC) signed a Memorandum of Understanding (MOU) with Transafam Power yesterday, to implement a groundbreaking 50MW embedded power generation project for the Idu Commercial Hub in […]
Transcorp Group Companies Shine as Part of the Most Valuable Companies in Nigeria
Transcorp Power Plc and Transcorp Hotels have been recognized among the most valuable companies in Nigeria, reflecting their significant contributions to the Nigerian economy and their leadership within their respective industries. Transcorp Power Plc Transcorp Power Plc has secured its position as one of Nigeria’s top companies by market capitalization, coming in at an impressive […]
Transcorp Group Announces N142 Billion Revenue, N58.8 billion PBT, and Celebrates 10 year’s unbroken Dividend payment, at 18th Annual General Meeting
Lagos, May 27, 2024: Transnational Corporation Plc (Transcorp Group or the Group), Nigeria’s leading listed conglomerate, announced 57% revenue growth, from N90.3 billion in 2022 to N142.1 billion in 2023, at its 18th Annual General Meeting (AGM), held on Monday, May 27, 2024, at the Transcorp Hilton Hotel, Abuja. The Company’s outstanding financial results were […]
Transnational Corporation Plc Appoints Chiugo Ndubuisi as Non-Executive Director
Lagos, Nigeria – May 27, 2024 Transnational Corporation Plc (Transcorp) wishes to notify the investing public of significant changes to its Board of Directors. Mr. Emmanuel Nnorom has retired from the Board of Transnational Corporation Plc as a Non-Executive Director, effective at the close of business on May 27, 2024. His retirement complies with the […]
Transcorp Power Plc Reports Strong Results Post Listing: N142 Billion Revenue, N52.8 Billion PBT, and Declares N23.46 Billion Dividend
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), announced impressive financial performance at its recently concluded 11th Annual General Meeting (AGM), the first since the Company went public, via a listing by introduction of its shares, on March 04, 2024. The Company recorded gross earnings of N142.1 billion, a 57.3% increase, compared […]
CEOs of Heirs Energies and Transcorp Champion Africa’s Energy Transition at the 17th German-African Energy Forum
Lagos, Nigeria – May 13, 2024 – Heirs Energies CEO and Transcorp Group’s President/Group CEO; Osayande Igiehon and Owen Omogiafo, OON, will join global business leaders at the 17th German-African Energy Forum in Hamburg, Germany, this week. As leaders of one of Africa’s largest integrated energy businesses, the Heirs and Transcorp team bring a […]