Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate has announced new appointments to its Board and executive management. Valentine Ozigbo has been appointed as the President/CEO of Transnational Corporation of Nigeria Plc with effect from January 1, 2019. He will succeed Mr. Adim Jibunoh, who is retiring on December 31, 2018. Mr. […]
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Transnational Corporation of Nigeria Plc has announced its intention to divest its stake in Teragro Commodities Limited, its agribusiness subsidiary. The company, in a notice to the Nigerian Stock Exchange, said it disclosed in its 2017 Annual Report that a careful review of the long-term proposition of its play in the juice concentrate market revealed […]
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Transcorp Hotels Plc has announced a profit before tax of ₦2.02 billion for the first half of the year, compared to ₦1.1 billion in the same period of 2017. The firm’s unaudited financial statements for the period ended June 30, 2018 showed a turnover of N8.01bn and earning per share of 17.84 kobo. Transcorp Hotels’ […]
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Lagos, June 11th 2018. Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerate,has appointed Mr. Christopher Ezeafulukwe as an Executive Director with effect from July 1, 2018. Mr. Ezeafulukwe, currently the Group General Counsel and Head, Business Development, will in his new role, focus and drive the development of new commercial interests as […]
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Shareholders of Nigeria wholly indigenous conglomerates, Transnational Corporation of Nigeria Plc (Transcorp) have commendeded the Board and management of the company for its impressive contribution to transforming the Nigerian power sector, through its power subsidiary, Transcorp Power. The commendations were received at the 12th Annual General Meeting of Transcorp, held on April 30th 2018, at […]
Read More Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have commended the management of the company for their effort and commitment towards bringing the investment conglomerate back to profitability. This is just as they approved ₦813 million dividend recommended by the Board of Directors, translating to 2 kobo per share. The shareholders who spoke during the […]
Read More Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost investment conglomerate has announced financial results for its third quarter ended September 30, 2017. The Group Profit after Tax (PAT) for Q3 2017 improved by 158 per cent year on year-on-year (YoY) to ₦8.2 billion. The conglomerates income statement revealed a Q3 2017 revenue of ₦56.76 billion, […]
Read More Nigeria’s wholly conglomerate, Transnational Corporation of Nigeria Plc (Transcorp), has announced its second quarter financial results ended June 30, 2017, showing significant growth in key financial indicators. The company recorded ₦4.2bn as profit after tax (PAT) for the half-year ended 30th of June 2017, translating into 134 per cent growth compared to the loss of […]
Read More Transcorp Hotels Plc has announced the reopening of the Executive Floors and Lounge of its flagship Transcorp Hilton Abuja. The reopening marks a milestone in the on-going $100 million renovation project of the historic and award winning 5-star hotel, leading up to its 30th anniversary commemoration this year. The redesign, conceptualized by Swedish interior designer, […]
Read More Transnational Corporation of Nigeria Plc (Transcorp) Plc recorded considerable improvements in its performance in the first quarter of 2017 as turnover rose by 20 per cent to N15.77 billion. Key extracts of the interim report and accounts of Transcorp for the three-month period ended March 31, 2017 showed that group’s total revenue increased to N15.8 […]
Read More Transnational Corporation of Nigeria Plc, has named Adim Jibunoh as its new President/Chief Executive Officer. 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 Director, Business Development at Heirs Holdings, a strategic investor in Transcorp, will commence his position beginning […]
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