Currently, the Transcorp Ughelli power plant generates 360MW of electricity, up from 160MW on November 1, when Transcorp took ownership of the plant
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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
The officials, who are being prosecuted before Justice S.C. Chukwu, are Thomas Iseghohi, Group Managing Director; Muhammed Buba, Company Secretary; and Mike Okoli, Deputy General Manager, on a 32 count charge of criminal conspiracy, criminal breach of trust, money laundering and misappropriation of public funds to the tune of N15 billion