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TransCorp

Elumelu Family Gains N13bn From Investment In Transcorp, Now Holds N176bn

The investment of the Elumelu family in Transnational Corporation (Transcorp Plc) has increased by N13.15 billion in the second quarter (Q2) of 2025, following an 8.05 percent increase in the company’s share price. According to an analysis by Prime Business Africa, Tony

July 15, 2025

Business·Top Stories

Five Conglomerate Companies In Nigeria With Highest Market Valuation

The total market valuation of the six conglomerate companies in the Nigerian stock market increased by N35.29 billion or 5.46 percent in the first quarter (Q1) of 2025, according to Prime Business Africa’s analysis. PBA gathered that the conglomerate companies, which include

June 12, 2025

News

Transcorp Power Plc Appoints Ezeafulukwe As Non-Executive Director

Transcorp Power Plc has appointed Christopher Ezeafulukwe as non-executive Director as part of changes in the company’s board of Directors. Primebusiness.africa, understands that the appointment has been approved by the Nigerian Electricity Regulatory Commission, in accordance with the provisions of the Companies

August 20, 2024

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Investors In Transcorp, Unilever, Others Pocket N130 billion

Nigerian Exchange Limited (NGX) reported on Tuesday, 23 May, that the stock market valuation increased by N130 billion or 0.48 per cent. NGX said the stock market capitalisation rose from N28.52 trillion to N28.65 trillion. The All-Share Index appreciated to 52,621.19 ASI

May 23, 2023

Business·Markets

Transcorp, Nigerian Breweries, Others Lift Stock Market Cap By N102.38 billion

Nigeria’s equity market valuation grew by 0.36 per cent on Tuesday to end the stock exchange session at N28.54 trillion. This is N102.38 billion above Monday’s N28.44 trillion. The increase was reflected in the All-Share Index, which gained 188.04 basis points, rising

May 16, 2023

Business·Markets

Stock Market Cap Increases By N10 billion Amid Gains In Oando, Transcorp

Over N10 billion was added to the stock market capitalisation on Monday, lifting the Nigerian bourse’s valuation to N28.44 trillion. During the previous trading session, the market capitalisation had closed at N28.43 trillion. This means the valuation rose slightly by 0.03 per cent.

May 15, 2023

Business

Like Elumelu, Wigwe, Ebenezer Onyeagwu Acquires More Shares In Zenith Bank

The Group Managing Director and Chief Executive Officer of Zenith Bank, Ebenezer Onyeagwu, has acquired 8 million shares in the company. He parted with N191.80 million to acquire the shares, which increased his stake in Zenith Bank from 0.26 per cent to

May 11, 2023

Business·Markets

Stock Market Hit N28.64 trillion Amid Rush For Conoil, Transcorp Shares

The stock market in Nigeria closed with N28.62 trillion market capitalisation on Tuesday, 9 May, against the N28.64 trillion reported on Monday, 8 May – it grew by 0.04 per cent or N14.09 billion. The All-Share Index inched higher from 52,579.52 ASI to 52,605.41

May 9, 2023

Business

Tony Elumelu Rejects Femi Otedola’s N250 billion To Buy Transcorp Plc

The Chairman of Geregu Power, Femi Otedola, has revealed that he offered to buy Transnational Corporation (Transcorp) Plc for N250 billion. Otedola, on Tuesday, said his offer was rejected despite planning to help unlock Transcorp’s full potential and create value for shareholders

May 9, 2023

Business·Markets

Stock Market Cap Closes With N28.56 trillion, Amid Losses In Transcorp, Others

Nigerian Exchange Limited (NGX), the capital market authority, reported that equity capitalisation rose to N28.56 trillion on Friday. According to the NGX, the market capitalisation of the Nigerian bourse recorded an increase of 0.33 per cent or N95.05 billion, to rise from N28.47

May 5, 2023

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TransCorp

Elumelu Family Gains N13bn From Investment In Transcorp, Now Holds N176bn

Five Conglomerate Companies In Nigeria With Highest Market Valuation

Transcorp Power Plc Appoints Ezeafulukwe As Non-Executive Director

Investors In Transcorp, Unilever, Others Pocket N130 billion

Transcorp, Nigerian Breweries, Others Lift Stock Market Cap By N102.38 billion

Stock Market Cap Increases By N10 billion Amid Gains In Oando, Transcorp

Like Elumelu, Wigwe, Ebenezer Onyeagwu Acquires More Shares In Zenith Bank

Stock Market Hit N28.64 trillion Amid Rush For Conoil, Transcorp Shares

Tony Elumelu Rejects Femi Otedola’s N250 billion To Buy Transcorp Plc

Stock Market Cap Closes With N28.56 trillion, Amid Losses In Transcorp, Others

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