Transcorp Group

Today, Transcorp Power successfully listed its shares by introduction on the Main Board of the Nigerian Exchange Group (NGX Group), adding more than N1.8 trillion to the market capitalization of the NGX. The listing was marked by a ceremonial Closing Gong event and complemented by a detailed “Facts Behind the Listing” presentation. Transcorp Power Plc listed its shares at N240 per share and closed the first day of trading at N264 per share, the company traded over 10.56 billion shares. Transcorp Power’s listing is in line with our investment philosophy; unlocking value and creating wealth for our stakeholders. Congratulations to the Transcorp Power team as they begin this new phase. The opportunities are as boundless as our ambition and the impact we aim to create. #TranscorpGroup #TranscorpPower #TranscorpTransforms

Today, our Chairman, Tony O. Elumelu, C.F.R, President/GCEO Owen Omogiafo OON, and MD/CEO of Transcorp Energy Christopher Ezeafulukwe along with other leaders within Heirs Holdings Group, met with Ms. Fatou HAIDARA Deputy Director-General of UNIDO, and Mr. Mohamed Moustapha Fall, United Nations Resident Coordinator in Nigeria, to discuss transformative collaborations for empowering Africa. Strategic partnerships are crucial for fostering sustainable development and socio-economic growth. The private sector plays a vital role in attracting these collaborations and investments. The day concluded with an exclusive dinner focused on sustainable energy financing with Ms. Ahunna Eziakonwa reinforcing our commitment to impactful investments. Power is essential for our continent's development. That is why we have invested heavily in this sector and continue to expand our efforts to ensure sustainable and equitable energy access for all communities. "We’ve had some interesting conversations around energy, and I am excited and invigorated by the people at this table. Africa needs a strong, clear, firm, and resolute voice to address what needs to be done for the continent. There is a huge energy deficiency in Africa, and no amount of pretty speeches about building the Africa of tomorrow will solve this gap. One of our group's core focus is bridging that energy gap, and we are pushing for energy sufficiency for all, rather than just energy transition." – Dr. Owen Omogiafo At Transcorp Group, we are dedicated to pushing boundaries and forging partnerships that drive investment across Africa. We are improving lives and transforming Africa. #Africapitalism #OwenOmogiafo #TranscorpTransforms

Today, our President/GCEO, Dr. Owen Omogiafo OON, and MD/CEO of Transcorp Energy, Christopher Ezeafulukwe, welcomed Jamie Christoff the High Commissioner of Canada to Nigeria, and Oluwa-Demilade Kosemani, Senior Program Assistant for Foreign Policy and Diplomatic Service. The discussions explored strategic opportunities for stronger collaboration between Nigeria and Canada, particularly in the areas of Energy sufficiency for all. We are dedicated to strengthening international partnerships and driving mutual growth through sustainable energy initiatives. #Africapitalism #TranscorpEnergy #TranscorpTransforms

We just concluded a 2-day mid-year strategy session with a forward-looking focus on innovation and growth. On day 1, we kicked off the session with a comprehensive recap of our performance so far. We listened to insightful presentations and engaged in meaningful discussions to set the stage. Day 2 was marked by dynamic sessions that encouraged collaboration and strategic thinking. We are excited to build on our successes, leveraging our strengths and exploring new opportunities to drive impactful change in the second half of the year. #TranscorpStrategy #HumansofTranscorp #TranscorpTransforms

Our subsidiaries, Transcorp Power Plc & Transcorp Hotels Plc have been recognised as part of the most valuable companies in Nigeria based on market capitalisation, reflecting their significant contributions to the Nigerian economy and their leadership within their respective industries. Click here to read: https://lnkd.in/d3kjaDfk #TranscorpTransforms

Happy New Month! It’s the beginning of the second half of the year. The journey to greatness continues! 🚀 #NewMonth #TranscorpTransforms

"Without continual growth and progress, such words as improvement, achievement, and success have no meaning." — Benjamin Franklin As we approach the mid-year mark of 2024, it is important to take stock of the year and celebrate our achievements. Here are some highlights of our year so far: • Transcorp Power Plc was listed on the Main Board of the NGX with a market capitalisation of N1.8 trillion. • Transcorp Plc held its 18th Annual General Meeting (AGM), while Transcorp Hotels and Transcorp Power held their 10th and 11th AGMs, respectively. The total dividend paid out was N29.5 billion. • Despite strong economic headwinds, Transcorp Group sustained its growth trajectory, achieving a 173% revenue growth and a 1501% increase in PBT in Q1 2024. • Transcorp Group attained a combined market capitalization of N4.4 trillion capitalization from N209.6 billion same period last year. • Transcorp Plc and Transcorp Hotels Plc received the Diversity Equity and Inclusion (DEl) Award from Hofstede Insights for the third consecutive year. Let us remember to celebrate our wins, big or small. #TranscorpTransforms

Eid Mubarak! We wish you a joyous and prosperous celebration filled with the spirit of unity and gratitude. #EidMubarak

Happy Father’s Day to all the amazing dads out there. Thank you for all that you do. Your commitment, strength, and support make a difference every day. We wish you a day filled with love and joy. From all of us at Transcorp Group. #FathersDay #TranscorpCares

Today we kicked off the Heirs Holdings Group Directors’ Annual Summit, bringing together over 100 directors from across the HH Group in one location. The purpose of this Summit is to leverage the cumulative experience within the HH Group and define the next phase of our journey. Over the years, Transcorp Group has made significant impact across the continent by investing and consistently delivering value in catalytic sectors. We have championed socio-economic growth and positively shaped the future of our Nation. As Nigeria’s largest quoted conglomerate, with subsidiaries like Transcorp Power Plc and Transafam Power Limited leading electricity producers in West Africa, and Transcorp Hotels Plc, Nigeria’s foremost hospitality brand, we are proud of our role in championing socio-economic growth and shaping Africa's future. We are building to last. #TranscorpTransforms #HHDirectorsSummit24