Transcorp

January 31, (THEWILL) - Transnational Corporation of Nigeria (Transcorp), reported a two-fold jump in bottom line to N34.1 billion for the 2023 financial, according to its earnings report issued Wednesday. Energy, which contributed 78 per cent of gross revenue, is...

January 16, (THEWILL) - Transcorp Hotels Plc has joined the league of trillion naira stocks on the Nigerian Exchange (NGX).. The hospitality subsidiary of Transcorp Group hit a record N1.02 trillion market capitalisation with a share price year-to-date...

September 24, (THEWILL) - 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...

September 10, (THEWILL) - Trading in the top three equities namely Transnational Corporation Plc, Sterling Financial Holdings Company Plc and Fidelity Bank Plc (measured by volume) accounted for 1.065 billion shares worth N6.525 billion in 6,801 deals, contributing 37.17%...

September 03, (THEWILL) - The local bourse opened the month’s trading with market capitalisation surging to N36,95 trillion (against N36,42 trillion on August 31) – the highest since March 5, 2008. The NGX All-Share index climbed to 67,527.19 points...

Boardroom politics and takeovers are hardly a standard fare in the arcane business world. Therefore, they arouse public curiosity when the dealings spill into the public domain. This scenario played out in the case of two powerful Nigerian business...

May 08, (THEWILL) - Vice President Yemi Osinbajo has presented a discharge certificate to the Chairman of Transcorp Power Limited, the core investor in the Ughelli Power Plant, Tony Elumelu, declaring that only private sector investment in the...

April 28, (THEWILL) - Billionaire businessman, Femi Otedola, has divested his newly acquired stake in Transnational Corporation of Nigeria (Transcorp) to Chairman Tony Elumelu, sources said on Friday, This rests the scramble for the top ownership of the group. The billionaire...

April 27, (THEWILL) - Tony Elumelu, the chairman of Transnational Corporation Plc (Transcorp), has acquired fresh 9.7 billion shares in separate deals in recent days, company documents revealed on Thursday. The businessman turned the tables on the conglomerate’s two...

April 26, (THEWILL) – Transnational Corporation (Transcorp) recorded a 63 percent decline in profit after tax to N3.2 billion in the first quarter (Q1) of 2023 compared to the corresponding period in 2022. A look at the firm’s unaudited financial...