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Tag "Transcorp"

Otedola sells stake in Transcorp to Tony Elumelu

    Otedola sells stake in Transcorp to Tony Elumelu

Femi Otedola, chairman of Geregu Power, has exited his 6.3 percent stake in Transnational Corporation Plc (Transcorp), a diversified conglomerate with investments in the power, hospitality and energy sectors. According

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ICYMI: Tony Elumelu’s HH Capital ups stake in Transcorp to 25.58%

    ICYMI: Tony Elumelu’s HH Capital ups stake in Transcorp to 25.58%

HH Capital Limited, a special purpose vehicle (SPV) owned by Tony Elumelu, the billionaire entrepreneur, has increased its stake in Transnational Corporation Plc (Transcorp) to 25.58 percent. According to a

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Tony Elumelu: Otedola is my brother — he should be commended for investing in Transcorp

    Tony Elumelu: Otedola is my brother — he should be commended for investing in Transcorp

Tony Elumelu, group chairman of Transnational Corporation Plc (Transcorp), has commended Femi Otedola, the billionaire businessman, for his acquisition of a significant stake in the conglomerate. Recently, Otedola acquired a

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Otedola confirms acquisition of 5.52% stake in Transcorp

    Otedola confirms acquisition of 5.52% stake in Transcorp

Femi Otedola, the chairman of Geregu Power, has confirmed his acquisition of a 5.52 percent stake in Transcorp Plc. The development makes the billionaire businessman the second largest shareholder of

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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

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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

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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

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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

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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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