Transcorp Group revenue soars by 59% in H1 2025 

Transnational Corporation Plc has posted a 59% rise in revenue for the first half of 2025, with unaudited results showing strong year-on-year growth for the period ended June 30, 2025.

Group revenue climbed from ₦175.4 billion in H1 2024 to ₦279.7 billion, while profit before tax advanced by 21%, closing at ₦85.7 billion compared to ₦70.9 billion in the same period last year.

Despite persistent economic pressures, the diversified conglomerate, with interests in power, resources and hospitality, continued to deliver shareholder value and invest in critical Nigerian infrastructure. A standout milestone was the launch of the Transcorp Centre in Abuja, a state-of-the-art convention and events facility that has already hosted international dignitaries and major regional gatherings.

The company also announced an interim dividend of ₦4.064 billion, representing 40 kobo per ordinary share, subject to applicable withholding tax.

Chairman Tony O. Elumelu, CFR, said: “In pursuing our impact-driven, value-creating mission, we continue to make strategic investments across key sectors in Nigeria.

“In power, Transcorp Power and Transafam Power are innovating to improve lives and transform Nigeria. In hospitality, we are redefining the sector, particularly with the opening of the Transcorp Centre in Abuja. Our performance underscores the strength of our diversified business model. We remain committed to our strategic vision, rewarding shareholders, and driving Nigeria’s sustainable economic transformation.”

President/Group Chief Executive Officer, Owen Omogiafo, OON, stated: “Our Q2 2025 results reflect our dedication to operational excellence and the resilience of our corporate strategy, enabling us to navigate a challenging environment while delivering consistent value to stakeholders.

“With our new 5,000-seat event centre, we are positioning Nigeria as a hub for high-profile conferences, having recently hosted the AFREXIM Annual Meetings 2025. We continue to explore innovative pathways to accelerate growth and consolidate our leadership in the power, hospitality and energy sectors.”

Transnational Corporation Plc remains one of Africa’s leading listed conglomerates, with strategic investments aimed at improving lives and transforming the continent.