Transnational Corporation Plc (“Transcorp Group” or the “Company”) Transnational Corporation Plc (NGX: TRANSCORP), Africa’s leading listed conglomerate with strategic investments in power, hospitality, and energy, declared a total dividend of ₦20,323,995,148, equivalent to ₦2.00 per share, at its 20th Annual General Meeting (AGM), held at the newly inaugurated Transcorp Centre Abuja.
The dividend comprised an interim dividend of ₦4,064,799,030 (₦0.40 per share), which had been paid in August 2025, and a final dividend of ₦16,259,196,118 (₦1.60 per share), reinforcing the Group’s consistent track record of delivering value to shareholders.
At the AGM, shareholders approved the Audited Financial Statements for the year ended December 31, 2025, and commended the Company’s sustained performance and governance standards. The meeting also reflected strong investor confidence in the Group’s long-term strategy and execution discipline.
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With a combined market capitalisation of ₦4.78 trillion (approximately $3.52 billion as of May 7, 2026), Transcorp Group recorded strong year-on-year growth across all major financial metrics in 2025. Revenue rose by 33% to ₦544 billion, compared to ₦408 billion in 2024. Profit Before Tax increased by 31% to ₦179.5 billion, while Profit After Tax surged by 44% to ₦135.9 billion, up from ₦94.1 billion in the prior year.
Speaking at the AGM, Group Chairman, Tony O. Elumelu, CFR, reaffirmed the Group’s focus on governance, discipline, and sustainable value creation.
“Transcorp Group remained firmly focused on strong corporate governance and the disciplined execution of its strategic priorities to deliver sustainable, long-term value. Despite a challenging macroeconomic environment, the Group continued to benefit from its diversified portfolio, which underpinned its resilient financial performance in 2025,” he said.
President and Group CEO, Owen D. Omogiafo, OON, described FY 2025 as a year defined by execution discipline and resilience, while emphasizing the Group’s commitment to addressing Nigeria’s energy challenges.
“FY 2025 was a year defined by disciplined execution, strategic resolve, and resilient performance,” she said. “Transcorp Group remained committed to resolving the energy crisis in Nigeria. The gap between demand and supply remained wide, and the Group continued to work tirelessly towards bridging it while creating value for the wider economy.”
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She also highlighted the significance of the 5,000-seat capacity Transcorp Centre Abuja as a landmark achievement that reflected the Group’s growing footprint in the hospitality sector.
Shareholders at the AGM expressed strong approval of the Group’s performance. E. O. Obideyi commended management and staff for sustained year-on-year growth, while Moses Igrude praised the leadership of Tony Elumelu, CFR, noting that the Group had consistently delivered on its promise to “improve lives and transform Africa.”
The AGM marked a major milestone in the Group’s journey, reinforcing its position as one of Africa’s most resilient and forward-looking conglomerates.
