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  • Transcorp Sets Record Performance with Profit After Tax of N20.6bn

    Lagos, Nigeria – February 15, 2019 – Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate, has announced its audited results for the year ended 31st December 2018, with a 94% growth in Profit After Tax (PAT) of ₦20.6bn in 2018 compared to ₦10.6bn in the prior year. The Group recorded an unparalleled improvement within the year as turnover grew …

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  • Valentine Ozigbo resumes as President/CEO of Transcorp Plc as Owen Omogiafo resumes as the new MD/CEO, Transcorp Hotels Plc

    Abuja, Nigeria, 18th January 2019 – Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owners of the award-winning Transcorp Hilton Abuja and the iconic Transcorp Hotels Calabar hosted a farewell/welcome dinner in honour of its immediate past Managing Director/CEO, Valentine Ozigbo who has been elevated to the role of the …

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  • Adim Jibunoh and Valentine Ozigbo on CNBC Africa

    On Monday 29th of October, the President/CEO of Transnational Corporation of Nigeria, Adim Jibunoh and the MD/CEO of Transcorp Hotels Plc, Valentine Ozigbo featured on the Open Exchange West Africa hosted by CNBC Africa (DSTV Channel 410) . The issues discussed include; the positive Q3 financial year reports, the change of guard in leadership and …

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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 Hilton Abuja Completes Upgrade of Executive Floors

    Abuja, Nigeria – June 07, 2017 –Transcorp Hilton Abuja today announced the reopening of its Executive Floors and Lounge following the complete renovation of the floors. The reopening of the highly coveted floors marks a milestone in the on-going $100 million renovation project of the 5-star hotel; which has won numerous awards including the World …

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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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  • If legacy guides us, we will begin to fix Africa – TOE at WEF Africa 2017 5th May 2017

    I was brutally honest speaking on the “Leadership in an Era of Disruption” panel on Wednesday morning at the World Economic Forum on Africa 2017. I spoke in this manner because the future of our continent is at stake. We cannot continue to fail our youth each day yet hope for a transformation of our …

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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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  • Senate Committee on Privatization visits Transcorp Power Limited: A step in the direction of solutions.

    On Thursday the 10th of November 2016, the Senate Committee on Privatization visited Transcorp Power Limited’s Ughelli Power Plant, led by Senator Ben Murray Bruce, Senator Abdullahi Yahaya, and Senator Shaaba Lafiagi. The Director General, BPE, Dr Victor Akpotaire was also in attendance accompanied by aides. The Senate committee arrived to a warm reception from …

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