The Federal Government yesterday in Abuja, asked for more time to fix the nation’s electricity challenges as 17 generation and distribution licences are due for revocation or renewal tomorrow. Just like previous administration had done without meaningful solution since the…
Transcorp Hotels Plc announces N717m dividend at 8th AGM, grows Gross Profit by 143% to N16.23b
Transcorp Hotels Plc has paid a total dividend of N717 million to its shareholders at its 8th Annual General Meeting held at Transcorp Hilton Abuja on Monday. The Chairman of the Board of Directors, Mr Emmanuel Nnorom stated that the…
Transcorp acquires Afam Power at N105.3bn
Transcorp Consortium has acquired Afam Power Plc and Afam Three Fast Power Limited (jointly referred to as “Afam GenCo”). According to a statement by the corporation, the acquisition of the 966MW installed capacity Afam Power Plc and Afam Three Fast…
