Transnational Corporation Plc (Transcorp Group), has announced its financial results for the first half of the year ended June 30, 2023, recording commendable growth across all its major indices.
Transcorp, which has nearly 300,000 shareholders, made history as it held its AGM virtually, making it the first public company in Nigeria to do so, following the signing into law of the Business Facilitation Act (BFA), by the President of Nigeria.
The company made the conformation in a filing on the Nigerian Exchange by its Acting Secretary, Funmi Olofintuyi.
A statement by HLA’s Communications Manager, Timileyin Adebiyi, on Monday in Lagos revealed the development.
This is contained in a notice dated August 23, signed by Mrs Kofo Olokun-Olawoyin, posted on the website of the Nigerian Exchange Limited (NGX) as a formal notice to the investing public on Tuesday in Lagos.
Professor Osinbajo said the digital hospitality platform would provide an avenue for small businesses in the value chain to grow and help revive Nigeria’s hospitality industry in the aftermath of the COVID-19 global pandemic.
This was in contrast with 257.56 million shares valued N3.53 billion transacted in 5,407 deals on Thursday.
United Bank for Africa PLC and Transcorp have announced the cancellation of their 2019 Annual General Meetings to prevent the spread of COVID-19.
The News Agency of Nigeria recalls that Nigeria last year won the right to host the World Tourism Organisation Commission for Africa meeting scheduled for June 4 to June 6 in Abuja.
The News Agency of Nigeria reports that the revenue increased by 35.11 per cent From the N59.42 billion achieved in 2016.
The company recorded N4.2 billion as profit after tax for the half-year ended 30th of June 2017, translating into 134 per cent growth compared to the loss of N12.19bn recorded in the corresponding period in 2016
Transnational Corporation of Nigeria Plc announced on Wednesday that its agribusiness subsidiary, Teragro Commodities Limited, has acquired and installed extraction…
Over time, Teragro has grown and expanded its footprint and now produces concentrate that meets the most rigorous global standards for purchase by multinational corporations, including a leading international beverage manufacturer
Weekly transactions on the Nigerian Stock Exchange reopened on a bullish note on Monday with some blue chips chalking up gains.
Some blue chips on the Nigerian Stock Exchange recorded price depreciation on Friday as a result of profit taking by investors.
Equity transactions at the Nigerian Stock Exchange on Thursday closed on a downward trend as market indicators showed a drop of 0.31 per cent in the volume of traded shares.
CNBC Africa has on Thursday announced the finalists for the All Africa Business Leaders Awards 2014.
This was contained in a statement made available to newsmen in Abuja by the Head of Public Communications of the Bureau of Public Enterprises, Chigbo Anichebe
Currently, the Transcorp Ughelli power plant generates 360MW of electricity, up from 160MW on November 1, when Transcorp took ownership of the plant
Management officials visited the NSE for a ‘facts behind the figures’ presentation to the Exchange, stockbrokers and analysts, highlighting key fundamentals of the company’s business dynamics that have driven its recent impressive performance on the stock market