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  • Transcorp Acquires Additional Prime Real Estate for Transcorp Hilton Ikoyi Hotel.

    Transcorp Hotels Plc, last week Thursday, celebrated a landmark moment and a giant leap towards final completion of the proposed five star, Transcorp Hilton Ikoyi Hotel to be located on Glover Road, Ikoyi, Lagos. The audacious project required more land in order to construct the “Twin Tower”, multi-use structure that will feature the hotel as well as …

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  • Transnational Corporation Of Nigeria Sustains Momentum. Grows HY 2018 Profit After Tax by 161%

    Nigeria’s leading and diversified investment conglomerate, Transnational Corporation of Nigeria Plc (“Transcorp”) has announced its Unaudited Financial Statements for the period ended June 30, 2018. The Group showed significant growth over same period last year recording a turnover of N54.09billion, Profit Before Tax of N11.94billion and Earnings Per Share of 11.60 Kobo. Sustaining the strong performance in Q1 …

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  • Transcorp Appoints Owen Omogiafo As Executive Director

    Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerates, has appointed Mrs. Owen Omogiafo as an Executive Director with effect from July 1, 2018. She will in her new role support in driving and delivering on Transcorp’s strategic ambitions as the conglomerate continues to fulfil its special mission of lighting homes, schools, and …

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  • Board of Transcorp Appoints New President/CEO

    Nigeria’s leading listed conglomerate, operating in the power, oil and gas, hospitality and agro-industry sectors, Transnational Corporation of Nigeria Plc, has named Adim Jibunoh as its new President/Chief Executive Officer. Mr. Jibunoh will succeed Emmanuel Nnorom, who has been appointed President of Heirs Holdings, the Lagos based pan-African investment firm. Mr Jibunoh, who is currently …

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  • Transcorp Plc Announces Group Profit before tax of N3.3bn for the year ended December 31st 2015

    This Earnings Press Release should be read in conjunction with the full First Quarter ended March 31, 2016 Financial Statements. The Earnings Press Release is also available on our website at http://www.transcorpnigeria.com/investor-relations-2/. This analysis is dated April 29, 2016. Unless otherwise indicated, all amounts are expressed in Nigerian Naira, and have been primarily derived from …

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  • Transcorp Power Plc Lists N10 Billion On The NSE and FMDQ

    Transcorp Hotels Plc – the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc) – today announced the listing of its Series 1 N10billion naira bond on the Nigerian Stock Exchange (NSE) and FMDQ OTC Securities Exchange. The company successfully closed its Series 1 & 2 bonds at the last quarter of 2015 and …

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  • Transcorp Continues on Track of Profitability Announces Before Tax Profit of N7.2billion

    Transnational Corporation of Nigeria Plc (Transcorp) announced its Unaudited Nine Months Financial Results. The Group posted a profit before tax of N7.2 billion for the period under review. HIGHLIGHTS OF THE RESULT: Income Statement Gross Earnings (Group): N30.43 billion; compared to 2014Q3 results of N31.40bn; Gross Earnings (Company): N2.27 billion, compared to N1.12 billion in …

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  • Transcorp Announces Q1 Group Profit Before Tax of N2.57bn

    Transnational Corporation of Nigeria Plc (“Transcorp”) today announced financial results for its first quarter ended 31 March 2015. The Group posted a Profit Before Tax (“PBT”) of N2.57bn for the period. The results show: Revenue for the Group stood at N9.92 billion which represents a slight drop of 5% from Q1 2014 results of N10.54 …

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  • Transcorp Announces Group Operating Profit of N12.4bn for the Nine Months Ended September 30, 2014.

    Lagos, Nigeria – October 28, 2014 – Transnational Corporation of Nigeria Plc (Transcorp) continued on an impressive growth trajectory for its FY 2014 following the announcement of its Group Profit Before Tax (“PBT”) of N9.7bn for the nine months ended September 30, 2014, an 89% year on year (yoy) increase from September 2013. Highlights of the …

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  • Why Transcorp Hotels IPO is a Good Deal

    I am delighted to inform you that the initial public offer (“IPO” or “the Offer”) of 800,000,000 ordinary shares of Transcorp Hotels Plc (“Transcorp Hotels”) opened today and the shares are now available to the investing for subscription. Transcorp Hotels, the owner of the Transcorp Hilton in Abuja; Transcorp Hotels Calabar; and the developer of …

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