Transcorp Archives — City Business News

May 21, 2024 No Responses

Transcorp Power Declares N142b Revenue, N23.46b Dividend

Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has announced impressive financial performance at its 11th Annual General Meeting (AGM), the first since the Company went public, via a listing by introduction of its shares, on March...

May 2, 2024 No Responses

Transcorp Group Sustains 173% Revenue Growth, N45b PBT

Transnational Corporation Plc conglomerate, with investment in the Power, Hospitality, and Energy sectors, has announced Q1 financial results for the period ended March 31, 2024. In its Q1 2024 unaudited results, Transcorp reported year-on-year growth, wi...

April 3, 2024 No Responses

Transcorp Power Declares N3.13 Dividend

Transcorp Power Plc (Transcorp Power) has reported N453 billion profit before tax for the year ended December. 31, 2023. Mr Stanley Chikwendu, Group Company Secretary, Transcorp Power, said this indicated a surge of 85 per cent, when compared with N439...

August 18, 2023 No Responses

Transcorp Acquires 60% Stake In Abuja Disco

As part of measures to further consolidates its position and investments in the Nigerian power sector, Tony Elumelu-led Nigerian conglomerate, Transcorp Group, has successfully acquired a 60-per cent stake in the Abuja Electricity Distribution Company (AEDC), ...

July 30, 2023 No Responses

Transcorp Attains N82.1b Revenue In Six Months

Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced its financial results for the first half of the year ended June 30, 2023, recording growth across all...

May 8, 2023 No Responses

FG Presents Discharge Certificate To Transcorp

Following fulfilment of all privatization conditions, Transcorp Power Limited, 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 o...

January 29, 2021 No Responses

Transcorp Hotels Leverages Technology To Deepen Market Share

Transcorp Hotels Plc is to deploy best technologies to deepen and expand market share in order to maintain leadership position in the hospitality industry. Transcorp Hotels Managing Director/Chief Executive Office, Mrs Dupe Olusola, said this ...

November 27, 2020 No Responses

Transcorp Pays N26.25b For Afam Power

Transcorp Power Consortium has paid an equivalent of N26.25billion being 25 percent of the N105.3billion winning price for the Afam Power Plc to formally takeover the assets of the company. Announcing the payment at the formal handover o...

October 15, 2019 No Responses

Nigeria Presents `Certificate Of Discharge’ To Transcorp

Vice President Yemi Osinbajo on Monday at the Presidential Villa, Abuja, presented Certificate of Discharge to Transnational Corporation of Nigeria (Transcorp). A certificate of discharge is a written statement of satisfaction that a party has discharged its o...