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Tag "Transcorp"

Transcorp posts N13.5bn profit in Q3 2021

    Transcorp posts N13.5bn profit in Q3 2021

Transnational Corporation of Nigeria Plc (Transcorp) says its profit soared by 617 percent to N13.5 billion in the third quarter of 2021 from N1.75 billion in the previous year. This

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Transcorp raises turnaround hopes in Q1 2021

    Transcorp raises turnaround hopes in Q1 2021

Transnational Corporation of Nigeria (Transcorp) has begun the 2021 financial year with high hopes for a turnaround. Its first-quarter operations ended March shows a new momentum in earnings that topped

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Drilling against all odds

    Drilling against all odds

If I’m honest, there has not been much to cheer about Nigeria in recent times. As someone who always tries to keep a positive attitude towards life — a disposition

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Elumelu’s TNOG acquires 45% of OML 17 from Shell, Total, ENI in $1.1bn deal

    Elumelu’s TNOG acquires 45% of OML 17 from Shell, Total, ENI in $1.1bn deal

Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 per cent participating interest in OML 17 through TNOG Oil and

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Transcorp acquires 966MW Afam GenCo

  Transcorp acquires 966MW Afam GenCo

The Transcorp Power Consortium has acquired the 966 megawatts (MW) capacity Afam electricity generation company (GenCo) at N105 billion. The

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Transcorp fulfills privatisation conditions, receives discharge certificate

  Transcorp fulfills privatisation conditions, receives discharge certificate

Transcorp Hotels have been presented a certificate of discharge by the National Council on Privatisation after fulfilling all the conditions

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Transcorp records N8.2bn profit

  Transcorp records N8.2bn profit

Transnational Corporation of Nigeria Plc (Transcorp) has recorded N8.2 billion group profit after tax, on the strength of an “improved

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The power sector is a walking corpse, says Elumelu

  The power sector is a walking corpse, says Elumelu

Tony Elumelu, chairman of Transcorp Group and United Bank for Africa (UBA), says Nigeria’s power sector is a walking corpse,

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Demons of corruption haunting Atiku, says el-Rufai

  Demons of corruption haunting Atiku, says el-Rufai

Nasir el-Rufai, governor of Kaduna state, has accused former Vice-President Atiku Abubakar of understanding the art of spreading falsehood. Reacting

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Transcorp to revive idle gas fields in Niger Delta

  Transcorp to revive idle gas fields in Niger Delta

  Tony Elumelu, chairman, Transnational Corporation of Nigeria (Transcorp), says the company is ready to take over and revive some

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