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Elumelu’s Transcorp acquires 60% stake in Abuja DisCo, appoints MDs

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In a strategic bid to consolidate its position in the nation’s power sector, the Transcorp Group-led consortium has acquired 60 per cent stake in...

Transcorp President Omogiafo bags All Africa Businesswoman of the Year award

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The President of Transcorp Group, Dr. Owen Omogiafo, has won the All Africa Businesswoman of the Year award. Transcorp Group, in a statement made available...

Elumelu ignores distractions as Transcorp Power increases capacity

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Chairman of Transcorp Group, Mr. Tony O. Elumelu, has ignored series of allegations made against him by businessman, Mr. Femi Otedola, over purchase of power...

Elumelu: Transcorp’s plants fully operated by Nigerians

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The Group Chairman of Transcorp Power Limited, Tony Elumelu, says the company’s plants are managed and fully operated by Nigerians. Elumelu said one of the...

Transcorp Group’s earnings hit N135bn, profit rises to N30.2bn, pays N2bn...

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Nigeria’s largest listed conglomerate, Transnational Corporation Plc (Transcorp Group)’s Gross Earnings for 2022 has increased to N134.7 billion while Profit Before Tax stood at...

Zenith, Transcorp, others sell 155m shares worth N1.21bn

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The Nigerian Exchange Ltd. (NGX) on Thursday transacted 115.41 million shares worth N1.21 billion in 3,731 deals as the indices dropped by 0.1 per cent. This...

Q1: Transcorp records N5.7bn profit as revenue hits N31.4bn

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Transnational Corporation Plc, Transcorp Group, has recorded profit in all its major financial indices for the first quarter, which ended on March 31, 2022. Its...
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