Transnational Corporation, also known as Transcorp Plc, announced a total dividend of ₦20,323,995,148, amounting to ₦2.00 per share for its shareholders during its 20th Annual General Meeting (AGM) held in Abuja.
Africa’s top listed conglomerate, with key investments in power, hospitality, and energy, announced a total dividend made up of an interim payment of ₦4,064,799,030 (40 kobo per share) paid in August 2025, along with a final dividend of ₦16,259,196,118, or ₦1.60 per share.
At the AGM, where the shareholders approved the Audited Financial Statements for the year ended December 31, 2025, the Group Chairman of Transcorp Plc, Tony Elumelu, restated the company’s commitment to delivering sustainable long-term value creation as shareholders commended the conglomerate and its management for sustained performance.
In 2025, the Group, with a combined market capitalisation of ₦4.78 trillion ($3.52 billion) as of May 7, 2026, recorded strong year-on-year growth across all key metrics. Revenue increased by 33% to ₦544 billion (FY 2024: ₦408 billion). Profit Before Tax rose 31% to ₦179.5 billion (FY 2024: ₦136.7 billion), while Profit After Tax surged 44% to ₦135.9 billion (FY 2024:
Elumelu said: “Transcorp Group remains firmly focused on strong corporate governance and the disciplined execution of its strategic priorities to deliver sustainable, long-term value. Despite a challenging macroeconomic environment, the Group continues to benefit from its diversified portfolio, which has underpinned resilient financial performance in 2025.
Owen Omogiafo, President/Group CEO, Transnational Corporation Plc, described 2025 as a year defined by disciplined execution, strategic resolve, and resilient performance.
“Transcorp Group is committed to resolving the energy crisis in Nigeria; we have an energy situation, and the gap between the demand and supply is still very wide. Hence, we will continue to work assiduously and tirelessly towards bridging that gap, creating value for the wider country. In our hospitality business, the 5,000-seat capacity Transcorp Centre hosting us today is a testament to our disciplined execution, and you will see more in the coming years.
While commenting on the performance, one of the shareholders, E. O. Obideyi, commended the management of Transcorp Group, saying, “I commend the management and staff of Transcorp for sustained performance year-on-year. While we appreciate the Board, I am also extending my commendation to the members of staff of Transcorp for a job well done.”
Another Shareholder, Moses Igrude, commended the Board, Management and Staff of Transcorp Plc, appreciating the vision behind Transcorp and what it has become.
“When I look at the history, and how far it has come under Mr Tony Elumelu’s leadership, I am proud that the aim and objectives are being achieved. That payoff line, ‘Improving lives and transforming Africa,’ is a reality we are witnessing.
Transnational Corporation Plc (Transcorp Group) is one of Africa’s leading listed conglomerates, with strategic investments in power, hospitality and energy, driven by its mission to improve lives and transform Africa.
The Group’s power businesses — Transcorp Power Plc and Transafam Power — provide over 20 per cent of Nigeria’s installed power capacity. Transcorp is also advancing Nigeria’s domestic energy value chain through its investment in OPL281. Its hospitality subsidiary, Transcorp Hotels Plc, owns the iconic Transcorp Hilton Abuja and the landmark Transcorp Centre
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