Transcorp

Transnational Corporation Plc, (Transcorp Group), a conglomerate with interests in the power, hospitality, and energy sectors has reported a profit after tax of N5.0bn rising significantly by 147 per cent up from N2.0bn recorded in…

The shareholders of Transcorp Hotels Plc have approved an N717 million payout following the 143 per cent growth of its profit to N16.23 billion. The top hospitality firm reported N6.67 billion reported in 2020 and also a 114 per cent…

Transnational Corporation of Nigeria (Transcorp) Plc, Nigeria’s largest, leading listed conglomerate with investments in Hospitality, Power, and Oil and Gas sectors, has reported a 530 per cent growth in profit, bringing it to N23.9 billion…

Transnational Corporation of Nigeria’s raised optimism on the earnings front this year with a forward jump of 60 percent in turnover in the first quarter. It closed the first quarter trading with a turnover of over N24 billion,…

Trading commenced on the floor of the Nigerian Exchange Group (NGX) in the new week with a marginal gain of 0.04 percent, with Transnational Corporation of Nigeria, Linkage Assurance Plc, Cornerstone Insurance, Fidson Plc and Unity Bank Plc…

Transnational Corporation of Nigeria’s survived a pre-tax profit crash of 80 percent in 2020 through an inflow of tax credit of N2.2 billion. That overturned the drop in pre-tax profit to a marginal improvement in after-tax profit for…

The Board of Transnational Corporation of Nigeria Plc has announced the appointments of Victor Famuyibo and Ahmadu Hamman Sambo to its Board of Directors, effective Thursday, April 22, 2021. Chike Anikwe, Group Company Secretary (Ag.) in…

Transaction on the floor of the Nigerian Stock Exchange (NSE) commenced the week on a negative note, with All Share Index (ASI) dropping 0.23 per cent. The ASI which opened trading at 41,176.14 basic points, shed 93.76 index point to…

Transcorp Consortium has announced the acquisition of the 966MW installed capacity Afam Power Plc and Afam Three Fast Power Limited jointly referred to as “Afam GenCo”, at a cost of N105.3 billion. Afam Power is a premier thermal power…

Pressure from dropping revenue and rising costs ruled the operations of Transnational Corporation of Nigeria’s in the third quarter. Management however partly succeeded in slowing down the rate of cost increases and consequently lowered…