By Seun Ibiyemi
Transnational Corporation Plc (Transcorp Group), Africa’s leading listed conglomerate with investments in power, hospitality, and energy, has declared a total dividend payout of ₦20.32 billion, translating to ₦2.00 per share for its shareholders at its 20th Annual General Meeting (AGM) held in Abuja.
The dividend comprises an interim dividend of ₦4.06 billion (40 kobo per share) paid in August 2025 and a final dividend of ₦16.26 billion (₦1.60 per share), approved at the AGM held at the newly commissioned Transcorp Centre in Abuja.
At the meeting, shareholders also approved the audited financial statements for the year ended December 31, 2025, commending the company’s consistent performance and strong returns.
Group Chairman of Transcorp Plc, Tony O. Elumelu, CFR, reaffirmed the company’s commitment to long-term value creation, strong corporate governance, and disciplined execution of its strategic priorities despite a challenging macroeconomic environment.
He noted that the group’s diversified portfolio continues to support resilient financial performance across its business segments.
For the 2025 financial year, Transcorp reported significant growth across key indicators.
Revenue rose by 33 per cent to ₦544 billion, compared to ₦408 billion in 2024. Profit Before Tax increased by 31 per cent to ₦179.5 billion, while Profit After Tax surged by 44 per cent to ₦135.9 billion from ₦94.1 billion in the previous year.
The Group’s market capitalisation stood at ₦4.78 trillion ($3.52 billion) as of May 7, 2026, reflecting strong investor confidence in its performance and growth outlook.
Speaking on the results, the Group President/CEO, Owen D. Omogiafo, described 2025 as a year of disciplined execution and strategic resilience, noting that the company remains focused on addressing Nigeria’s energy challenges.
She highlighted the company’s role in bridging the country’s power supply gap, stating that Transcorp will continue to invest in expanding electricity generation capacity and driving national development.
In the hospitality sector, she pointed to the newly built 5,000-seat Transcorp Centre as evidence of the group’s continued expansion and operational excellence.
Shareholders at the AGM commended the board and management for sustained performance. One shareholder, E. O. Obideyi, praised the company’s consistent results, while another, Moses Igrude, applauded its long-term vision under Tony Elumelu’s leadership, describing its impact as a reflection of its slogan, “Improving lives and transforming Africa.”
Transcorp Group, through its subsidiaries Transcorp Power Plc and Transafam Power, currently accounts for over 20 per cent of Nigeria’s installed electricity generation capacity.
The group also maintains investments in the oil and gas sector through OPL281 and hospitality through Transcorp Hotels Plc, owners of the Transcorp Hilton Abuja and Transcorp Centre.
