Transcorp Records N6.7bn Profit After Tax in Q3; Maintains A Positive Revenue Outlook
October 29, 2019. Lagos, Nigeria. Transnational Corporation of Nigeria Plc (“Transcorp”) today announced its financial results for the third quarter ended 30 September 2019. Highlights of the result show the Group recorded a Gross revenue of N58.28bn and posted a Profit Before Tax (PBT) of N7.36bn for the period under review. Total Assets increased from […]
Transcorp’s President/ CEO Valentine Ozigbo discusses bid for Afam
Nigeria’s National Council on Privatisation has approved Transcorp Power Consortium as the preferred bidder for the 100 per cent acquisition of Afam Electricity Generation Company with a bid price of N105.3 billion. Our President and CEO, Valentine Ozigbo joins CNBC Africa to discuss this and the company’s future outlook.
Transcorp Consortium emerges As Preferred Bidder For Afam
The National Council on Privatisation approved Transcorp Consortium as the Preferred Bidder for the 100% acquisition of Afam GENCO (Afam Power Plc and Afam Three Fast Power Limited) with a bid price of N105.3bn. Afam GENCO has a total installed capacity of 966 megawatts generated from a natural gas-powered plant in Rivers State. With this […]