Browse Tag

TransCorp

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

July 15, 2025

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

Business News·Top Stories

Five Conglomerate Companies In Nigeria With Highest Market Valuation

June 12, 2025

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

News

Transcorp Power Plc Appoints Ezeafulukwe As Non-Executive Director

August 20, 2024

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

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

Business News·Markets

Investors In Transcorp, Unilever, Others Pocket N130 billion

May 23, 2023

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

Business News·Markets

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

May 16, 2023

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

Business News·Markets

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

May 15, 2023

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.

Business News

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

May 11, 2023

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

Business News·Markets

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

May 9, 2023

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.

Business News

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

May 9, 2023

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

Business News·Markets

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

May 5, 2023

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

Business News·Markets

Mutual Benefit, NEM, Others Lift Stock Market Cap By N45.17 billion

May 4, 2023

Investors in Mutual Benefit, NEM, and others on the gainers’ list went home with N45.17 billion gain on Thursday, 4 May, after the Nigerian stock exchange grew by 0.15 per cent in

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

Business News

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

April 27, 2023

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

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business News

Femi Otedola, On Twitter, ‘Notifies’ TransCorp Board Of Majority Share Purchase

April 24, 2023

Femi Otedola has confirmed that he acquired shares in a diversified investment company, Transnational Corporation (Transcorp) Plc. In the past two weeks, reports had circulated that Otedola is buying up shares in

Femi Otedola Sells Geregu Shares After Plan To Acquire Transcorp Fails

Business News

Otedola Finally Confirms Acquiring N5 billion Shares In Transcorp Plc

April 20, 2023

Transnational Corporation (Transcorp) Plc, on Thursday, 20 April, revealed that Femi Otedola acquired a majority stake in the diversified investment company. Transcorp said Otedola, who is also the majority investor in Geregu

Femi Otedola Reveals Tony Elumelu Backstabbed Him, Took Over His UBA, Transcorp investments, Stole Business Idea

Business News

Femi Otedola Spends N3.14 billion To Acquire Shares In Elumelu’s TransCorp

April 14, 2023

Nigerian billionaire (in Naira), Femi Otedola, has reportedly acquired 5.52 per cent ownership of diversified investment firm, Transnational Corporation (TransCorp). The acquisition cost Otedola N3.14 billion (based on the share price of

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business News·Markets

Stock Market Closes Negative, Equity Investors Lose N98.52 billion

March 31, 2023

On Friday, the market capitalisation of the Nigerian bourse depreciated from N29.64 trillion to N29.54 trillion, losing N98.52 billion. The All-Share Index fell slightly to 54,232.34 ASI, after losing 180.87 basis points from

MTN Service Down Time Caused By Damaged Undersea Cables

Business News·Markets

MTN Nigeria, Other Stock Investors Make N440.93 billion In One Day

March 30, 2023

Nigerian bourse ended Thursday’s trading activities with N29.64 trillion market capitalisation, as it increased by N440.93 billion from the N29.20 trillion it closed Wednesday’s session. The All-Share Index gained 809.41 basis points to

Business News·Markets

Stock Market Cap Falls, Transcorp, Zenith Bank Make Top Trade List

March 7, 2023

About N6.96 billion was wiped off the Nigerian stock exchange on Tuesday, 7 March 2023, as the bourse’s capitalisation closed at N30.28 trillion. The market capitalisation depreciated by 0.02 per cent when compared

Business News·Markets

BUA Cement, Transcorp Top Trade, Stock Market Cap Closes With N28.13 trillion

January 4, 2023

Over N33.71 billion was gained on Wednesday, representing 0.11 per cent growth in the Nigerian bourse’s market capitalisation, which rose from N28.10 trillion to N28.13 trillion. The All Share Index closed with 51,657.56 ASI,

Business News·Markets

Stock Market: Investors Make N709.73 billion, As Living Trust, Transcorp Top Trades

November 23, 2022

The Nigerian stock exchange maintained its bull’s position on Wednesday after the market capitalisation appreciated by 2.9 per cent from the N24.47 trillion it closed previous trading day with. After trading hours on

Business News·Markets

Transcorp, Access Top Trades, As Nigerian Stock Exchange Crashes

November 17, 2022

Nigerian stock market dipped by -0.08 percent on Thursday, dragging the market capitalisation down to N23.97 trillion, from Wednesday’s N23.99 trillion. The All-Share Index closed with 44,011.22 ASI, down from 44,046.94 ASI,

President/Group Chief Executive Officer, Owen Omogiafo

News·Business News·Top Stories

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

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

Mutual Benefit, NEM, Others Lift Stock Market Cap By N45.17 billion

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

Femi Otedola, On Twitter, ‘Notifies’ TransCorp Board Of Majority Share Purchase

Otedola Finally Confirms Acquiring N5 billion Shares In Transcorp Plc

Femi Otedola Spends N3.14 billion To Acquire Shares In Elumelu’s TransCorp

Stock Market Closes Negative, Equity Investors Lose N98.52 billion

MTN Nigeria, Other Stock Investors Make N440.93 billion In One Day

Stock Market Cap Falls, Transcorp, Zenith Bank Make Top Trade List

BUA Cement, Transcorp Top Trade, Stock Market Cap Closes With N28.13 trillion

Stock Market: Investors Make N709.73 billion, As Living Trust, Transcorp Top Trades

Transcorp, Access Top Trades, As Nigerian Stock Exchange Crashes

Transcorp Hits N27.9B Profit, 530% PAT Leap In Full Year Performance

Featured Stories

Must Our Girls Scream Before We Hear Them?

U.S. Consulate Hits Roof Milestone at $537m Eko Atlantic Complex, Injects $95m into Nigerian Economy

37 Dead: The Cost of Lithium

Lithium: New Oil, Same Curse?

Whatsapp Channel

Latest News

Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

Nigeria’s UN Rights Council Election Raises Stakes for Domestic Accountability

Ghana Returns 120 Nigerians in Probe of Cybercrime Networks

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

Suggestions

TransCorp

Featured Stories

Follow Us

Whatsapp Channel

Latest News