A Decade of Impact: Transcorp Power Plc. Appointed Member of the West African Power Pool (WAPP) Executive Board
Transcorp Power Plc. (TPP), one of the power subsidiaries of Nigeria’s leading conglomerate, Transnational Corporation Plc (TRANSCORP), has been appointed member of the Executive Board of the West African Power Pool (WAPP) at the 18th Session of the WAPP General Assembly, which held on November 10, 2023 in Nouakchott, Mauritania. TPL was admitted as a […]
Transcorp Announces Impressive Q3 2023 Financial Results
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in the Power, Hospitality, and Energy sectors has announced its financial results for the third quarter of the year ended September 30, 2023, recording commendable growth across all its major indices. In its unaudited results filed with the Nigerian Exchange (NGX), Transcorp reported an impressive […]
Transcorp Plc Appoints Stanley Chikwendu as Group Company Secretary
Transnational Corporation Plc (“the Company”) appoints Mr. Stanley Chikwendu as the Group Company Secretary of Transnational Corporation Plc and its subsidiaries, with effect from September 5, 2023. Stanley is a distinguished legal and corporate governance professional, with experience across diverse industries including financial services, real estate, and aviation. Prior to joining the Company, he was Company […]
Greener Tomorrow: Transcorp Champions Environmental Project Promoting Waste Management and Recycling in Local Schools
Transnational Corporation Plc (“Transcorp”), Nigeria’s largest listed diversified conglomerate renowned for its investments in the Power, Hospitality and Energy sectors, has embarked on a groundbreaking environmental Corporate Social Responsibility (CSR) project. On Wednesday, September 20th, the group launched an initiative aimed at sensitising schools across the country on proper waste management and recycling, fostering a […]
Transcorp Continues to Deliver Strong Performance as H1 2023 Financials Show Sustained Growth
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced reported its financial results for the first half of the year ended June 30, 2023, recording commendable growth across all its major indices. The Group achieved an impressive revenue of N82.1 billion in H1 2023, compared to N62.9 billion in […]
Owen Omogiafo Wins Outstanding Africa CEO of the Year Award
Transcorp Group is pleased to announce that our President/Group CEO, Dr. Owen Omogiafo OON, received the Outstanding Africa CEO of the Year Award at the 13th edition of the African Achievers Awards. This award recognizes the remarkable leadership and significant contributions made by our President toward the growth and development of the African continent. The African […]
Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines
The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo on Tuesday commissioned Transafam Power – a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State. With an already existing power plant residing in Afam, this brings the cumulative generating capacity of the plant to 1,000MW. The […]
Transcorp Power, First Power Generation Company to Fulfil All Privatisation Obligations, Receives Discharge Certificate from Federal Government of Nigeria
Transcorp Power Plc., Nigeria’s leading power generation company, 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, following fulfilment of all privatization conditions. Transcorp Power will no longer be subjected to post-privatisation monitoring and is the first privatized power generation company to […]
Transcorp Group Revenue Hits N135Bn, Profit Grows to N30.2Bn
Transnational Corporation Plc (Transcorp), Nigeria’s largest listed conglomerate held its 17th Annual General Meeting (AGM) and declared a dividend of 5k per share, a 150% increase over the previous year’s dividend. Transcorp, which has nearly 300,000 shareholders, made history as it held its AGM virtually, making it the first public company in Nigeria to do […]
Sustained Growth: Transcorp Plc Delivers Strong Performance as Revenue Rises by 21%
Transnational Corporation Plc (Transcorp) has released its financial results for the full year ended December 31, 2022, demonstrating significant improvements in its major income lines. The conglomerate with investments in the Hospitality, Power, and Oil & Gas sectors, recorded growth in its profit before tax, which rose by 8% to N30.3 billion compared to N27.9 […]