Vice President Yemi Osinbajo on Tuesday commissioned Transafam Power – a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State. With an already existing power plant residing in Afam, this brings the cumulative generating…
Transcorp appoints Oliver Andrews as an Independent Non-Executive Director
The Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate, has today announced the appointment of Oliver Andrews to the Board, as an Independent Non-Executive Director. According to a statement, Mr Andrews brings over 35 years of…
Buhari greets Tony Elumelu at 58
President Muhammadu Buhari has sent warm felicitations to renowned economist and philanthropist, Tony Onyemaechi Elumelu, on his 58th birthday, joining family and friends to rejoice with the entrepreneur, whose interests continue to create opportunities for growth and development in the…
Shareholders commend Transcorp Board and Management at online AGM
Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have congratulated the Board and management for the resilient performance achieved in 2019, despite the challenging environment. They welcomed the diversified earnings provided by the Group, Nigeria’s leading listed conglomerate, the largest…
Transcorp announces new Board and Executive Management appointments
Transnational Corporation of Nigeria Plc (Transcorp) has announced significant appointments to its Board and Executive Management. Transcorp is Nigeria’s leading listed industrial holding company, whose interests include Transcorp Power, Nigeria’s largest power generator, Transcorp Hotels, owner of the iconic Transcorp…
Tony Elumelu – from 3rd World to World class by Onyema Dike
Tony Elumelu, banker, serial entrepreneur, billionaire apostle of Africapitalism and uber philanthropist needs no introduction. Starting his banking career at All States Trust Bank with, many say, a 3rd class degree from Ambrose Alli university (a state university no less)…
Transcorp records an impressive Profit After Tax of N20.6bn
Transnational Corporation of Nigeria Plc (Transcorp) has announced its audited results for the year ended 31st December 2018, with a 94% growth in Profit After Tax (PAT) of ₦20.6bn in 2018 compared to ₦10.6bn in the prior year. The Group, Nigeria’s leading diversified listed conglomerate,…