30 results
- 30 Jun 2021
Transcorp Energy Presents Alternative Energy Solution to Nigeria
Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria Plc, has presented an alternative energy solution to Nigeria as part of its integrated energy strategy. Unveiling the…
- 26 Apr 2021
Transcorp Makes New Appointments, Announces New Subsidiary CEOs
Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate a leading investor in the Nigerian energy sector, through the ownership of Transcorp Power Ltd,…
- 30 Aug 2013
Elumelu Invests in Seadrill Mobil in W/African Expansion Scheme
Tony O. Elumelu’s pan-African investment vehicle, Heirs Holdings, has made substantial investment in Seadrill Mobil Units (Nigeria) Limited, an affiliate of one of the world’s leading offshore…
- 31 Jul 2023
Transcorp Delivers Strong Performance as H1 2023 Financials Show Sustained Growth
Transnational Corporation Plc (Transcorp Group), Nigeria’s conglomerate with investments in Power, Hospitality and Energy sectors has announced reported its financial results for the first half of…
- 10 May 2026
Transcorp Excites Shareholders with ₦20.3 Billion Dividend @20th AGM
Transnational Corporation Plc (“Transcorp Group” or the “Company”) (NGX: TRANSCORP), Africa’s leading listed conglomerate with strategic investments in power, hospitality and energy, has declared a…
- 31 May 2017
Heirs Holdings Announces Appointment of Group Chief Executive
Board of Heirs Holdings has announced the appointment of Emmanuel Nnorom as Group Chief Executive Officer. Mr Nnorom previously served as chief executive of Heirs Holdings’ affiliate Transnational…
- 15 Apr 2014
Transcorp Posts 187% Increase in Group PBT
Transnational Corporation of Nigeria Plc (“Transcorp”) has announced the results of its first quarter 2014 operations. Group Profit Before Tax (“PBT”) stood at N3.77bn for the first quarter ended…
- 5 May 2022
Transcorp Plc Delivers Solid Q1 Performance as Profit Leaps by 147 Per Cent
Transnational Corporation Plc, (Transcorp Group), firing on all cylinders, has reported significant and impressive returns in all its major financial indices for the first quarter ended March 31,…
- 17 Jan 2021
Heirs Holdings Acquires 45% Per Cent of OML 17 from Shell, Total and ENI
Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed…
- 29 May 2024
Transcorp Group Posts N142 Billion Revenue, N58.8Bn PBT, Celebrates 10 year’s unbroken Dividend payment
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, announced 57% revenue growth, from N90.3 billion in 2022 to N142.1 billion in 2023, at its 18th Annual General…
- 21 May 2024
Transcorp Power Posts N142Bn Revenue, N52.8Bn PBT
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), announced impressive financial performance at its recently concluded 11th Annual General Meeting (AGM), the first…
- 20 Apr 2024
Transcorp Power Reports N67.86Bn Revenue
Transcorp Power Plc, also known as Transcorp Power, reported N67.86 billion in revenue for the quarter that concluded on March 31, 2024, on Friday. Peter Ikenga The amount represents a notable 223…
- 20 Aug 2024
Transcorp Power Plc Taps Christopher Ezeafulukwe As Non-Executive Director
Transcorp Power Plc has notified the investing public of significant changes to its Board of Directors. Mr. Christopher Ezeafulukwe has been appointed as a Non-Executive Director. This appointment…
- 14 Apr 2026
Nigeria’s Digital Boom Takes Centre Stage as IoT West Africa Returns to Lagos
Nigeria is in the middle of one of the fastest digital infrastructure expansions on the continent. Microsoft, Google, and AWS are committing to African cloud regions. MTN and Airtel are at the…
- 2 Feb 2014
Transcorp, GE Partner for Improved Power Generation
Transcorp Ughelli Power Ltd (TUPL), the power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), and General Electric (GE) have signed an agreement to expand the capacity of TUPL’s…
- 31 Jul 2025
Tony Elumelu Lists 3 Things Africa must do to Bridge Infrastructure Gap
Tony Elumelu, group chairman of Heirs Holdings and UBA, has listed strengthening fiscal capacity, driving operational efficiency, and unlocking innovative financing as three key things Africa must do…
- 11 Jun 2024
Fidelity Bank Records Largest Single-Day Turnover Volume of over 600m Shares
Fidelity Bank was by far the most traded stock in the NGX on Monday, 10 June 2024, with a turnover volume of about 605.257 million shares, even as the stock gained 6.52% to close at N9.80. …
- 19 Nov 2012
TransCorp’s Shares Nosedive as ‘Brokers Bank on Company
Tony Elumelu, chairman, Transcorp Plc got stockbroker’s nod for a job well done, in spite of apathy gripping long term investors of Transcorp plc over their inability to recoup their dwindling…
- 20 Sept 2016
Elumelu Wins Africa Investor ‘Person of the Year’ Award in New York
Mr. Tony Elumelu, chairman of Heirs Holdings, yesterday, while receiving the ‘Person of the Year’ award at the Africa Investor CEO Institutional Investment Summit hosted alongside the UN General…
- 2 May 2024
Transcorp Group Delivers Impressive Q1 2024 Performance with Revenue Growth of 173 Percent
Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading, listed conglomerate with investment in the Power, Hospitality, and Energy sectors, has announced impressive Q1 financial…
- 26 Oct 2021
Tech Industry Leader Layer3 Strengthens Board, Names Toyin Sanni as Board Chair
Layer3, Technology industry leader in cloud, scalable and secure networks, has announced as part of ongoing steps to strengthen its Board and to improve Governance oversight the appointment of Toyin…
- 13 Oct 2025
Transcorp Power Posts N91.2bn Profit Before Tax as Revenue Surges 38% in Q3 2025
Transcorp Power Plc, a leading power generation company and subsidiary of Transnational Corporation Plc (Transcorp Group), has announced its unaudited financial results for the third quarter ended 30…
- 31 Jan 2013
Transcorp, GE Seal Power Deal
Transnational Corporation of Nigeria Plc (Transcorp) and General Electric (GE), have inked a framework agreement to collaborate in addressing the infrastructural needs of Nigeria, with emphasis on…
- 3 May 2021
Transcorp Delivers Across Portfolio
Shareholders of Nigeria's leading diversified conglomerate, Transnational Corporation of Nigeria Plc ("Transcorp"), showed their strong confidence in the Board and management, at the Group’s 15th…
- 4 Feb 2016
Elumelu Applauds US Congress for Passage of 'Electrify Africa Act'
Tony O. Elumelu, leading investor and chairman, Heirs Holdings, UBA Plc and founder of the Tony Elumelu Foundation, has applauded the U.S. House of Representatives for the passage of the “Electrify…
- 14 Oct 2024
Transcorp Power Reports Strong Q3 2024 Performance, with 153% Revenue Growth and 198% Increase in Profits
Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending September 30, 2024, demonstrating remarkable growth…
- 29 Jul 2021
Transcorp Half-Year Performance Shows Growth as Profit Leaps by 713 Per Cent
Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The…
- 23 May 2013
GE Africa Bags African Infrastructure Investment Award for PPPs
General Electric Company (GE) has been awarded the coveted African infrastructure investment award for Public Private Partnership in recognition for GE’s work in Nigeria on Energy (power…
- 2 May 2013
GE Commits to Investing $1Bn in Nigeria
General Electric Company, a global technology leader in energy, health and rail transportation once again reiterated its commitment to fulfilling its pledge to invest $1billion in Nigeria’s energy…
- 2 Feb 2016
Elumelu Urges US Congress to Pass the Electrify Africa Act
Tony Elumelu, chairman, Heirs Holdings and Founder Tony Elumelu Foundation has called on the United States Congress to pass the ‘Electrify Africa Act’ stating that the passage in to law would make a…