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TransCorp - Page 2

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

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 value. This led to the stock market capitalisation appreciating from

May 4, 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

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business

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

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 Transcorp, a move that instantly renewed the capital market’s confidence

April 24, 2023

Femi Otedola Sells Geregu Shares After Plan To Acquire Transcorp Fails

Business

Otedola Finally Confirms Acquiring N5 billion Shares In Transcorp Plc

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 Power, acquired 2.24 billion shares, which gives him a 5.52

April 20, 2023

Business

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

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 Tuesday, April 11, 2023) and made him one of the

April 14, 2023

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

Business·Markets

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

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 the previous day’s 54,413.21 ASI. Investors exchanged 557.93 million shares in 3,943 deals

March 31, 2023

MTN Service Down Time Caused By Damaged Undersea Cables

Business·Markets

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

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 rise from 53,603.8 ASI to 54,413.21 ASI. About 973.64 million shares, worth

March 30, 2023

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

Business·Markets

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

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 to the N30.29 trillion it settled at a day before.

March 7, 2023

Business·Markets

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

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, adding 61.9 basis points to the 51,595.66 ASI recorded a day

January 4, 2023

Business·Markets

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

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 November 23, the market capitalisation closed with N25. 18 trillion,

November 23, 2022

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TransCorp - Page 2

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

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