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Transcorp Power

Nigerian Stock Market Cap Crosses N90trn As ASI Rises By 1.98%

The market capitalisation of the Nigerian Exchange Limited (NGX) crossed N90 trillion on Monday, August 4, after the all-share index (ASI) appreciated by 1.98 percent at the end of trading. According to data obtained from the NGX, the market capitalisation closed trading

August 4, 2025

Business·Top Stories

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

On Tuesday, June 17, the equity capitalisation of the Nigerian stock market dropped to N72.49 trillion, from N72.68 trillion posted on Monday, June 16, indicating a decrease of N183.30 billion. The 0.30 per cent decline in the equity capitalisation was driven by

June 17, 2025

Business·Top Stories

Over N313.34 billion Wiped Off Stock Market

The Nigerian stock market declined on Friday, May 9, after the bourse’s equity capitalisation depreciated by N313.34 billion, to N68.33 trillion from N68.65 trillion on May 8. This followed a 0.10 percent decline in the all-share index (ASI), which fell from 108,849.83

May 9, 2025

Business·Top Stories

Elumelu’s Transcorp Power Records 55.4% Revenue Increase In Q1

Transcorp Power, a power-generating company largely owned by Tony Elumelu, recorded strong financial performance in the first quarter (Q1) of 2025. According to Prime Business Africa’s analysis of data obtained from the Nigerian Exchange Limited (NGX), the company’s revenue from contracts with

May 6, 2025

Business·News

Transcorp Power Records N142bn Revenue In 2023

Transcorp Power, a subsidiary of Transnational Corporation Plc (Transcorp Group), has recorded gross earnings of N142.1 billion in 2023, which is a significant 57.3% increase, compared to the previous year. This impressive financial performance demonstrated the company’s resilience amidst evolving market dynamics.

May 21, 2024

Business·News

Transcorp Power Records N142.1bn Gross Earnings In 2023, Signaling Robust Growth

Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading conglomerate, Transnational Corporation Plc (Transcorp), recorded gross earnings of N142.1 billion in FY 2023.

April 4, 2024

Business·Power

FG Gives Transcorp Power Post-privatisation Discharge Certificate

Transcorp Power Limited, Nigeria’s leading power generation company was on Monday presented with a post-privatisation discharge certificate by the Federal Government of Nigeria

May 9, 2023

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Business

Elumelu Reveals Condition For Transcorp Plc’s Power Subsidiary To List On Nigerian Stock Market

Transnational Corporation (Transcorp) Plc Chairman, Tony Elumelu, has disclosed that the company will conduct a public initial offering for its subsidiary, Transcorp Power, within the next five years. Elumelu said while rumours have projected that Transcorp Power could list anytime soon, he

April 27, 2023

News·Technology

Govt Directs Joint Execution Team As Transcorp Offers Nuclear Power Plant

The OPEN100 is the world’s first open-source blueprint for nuclear power plant deployment for a small, standard, pressurized water reactor, that will accelerate deployment of the modular nuclear plants for power generation. Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria

July 1, 2021

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Transcorp Power

Nigerian Stock Market Cap Crosses N90trn As ASI Rises By 1.98%

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

Over N313.34 billion Wiped Off Stock Market

Elumelu’s Transcorp Power Records 55.4% Revenue Increase In Q1

Transcorp Power Records N142bn Revenue In 2023

Transcorp Power Records N142.1bn Gross Earnings In 2023, Signaling Robust Growth

FG Gives Transcorp Power Post-privatisation Discharge Certificate

Elumelu Reveals Condition For Transcorp Plc’s Power Subsidiary To List On Nigerian Stock Market

Govt Directs Joint Execution Team As Transcorp Offers Nuclear Power Plant

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