Business: Transcorp Group, Declares N279.7 billion Gross Revenue in Six Months; Announces N4,064 billion Interim Dividend To Shareholders

By Elizabeth Chukwuma

 It is no longer news that Transcorp Group, which had remained the leading Conglomerate listed in the Nigerian Stock Exchange, NGX, maintains its huge gross revenue generation every six months of each given year that had catapulted it to lead the pack.

  This is evident going by what the group had achieved  in the first half of 2025, both in its gross revenue generation and the Profit Before Tax, PAT, which many believes  had become a source  of joy to both the staff and  Tony Elumelu, a business mogul led Board of Directors including  the shareholders who are ever ready to make more sacrifices to ensure that the group maintains its Leadership role in  running of businesses in Nigeria as it can effectively compete  with other big Organisations in the North American country of the United States, US, Asian countries of China, India, South Korea , Russia, Asia  and other parts of the world.    

The Group’s strategic investments across diverse sectors of the Nigerian economy, with strong showing in the nation’s power sector, hospitality, oil and gas, and coupled with its focus on innovation and strategic adaptability appears to have paved the way for it to sustain its impressive performance over the years.

With a shareholder holding of over 300,000, the Transcorp Group, according informed sources had remained at the forefront of shaping the nation’s business landscape, driving growth and contributing in various ways and its economic development that Conglomerates looks up to it to borrow a leaf to sustain their growth.

The impressive performance of theTranscorp group subsidiaries which include Transcorp Hotels plc, Transcorp Power plc, Transafam Power Limited, Transcorp OPL 281 Nig. Limited and Transcorp Energy Limited, speak volume.

The group’s 2025, half year report appears to have sent a signal to other competitors across the country that it remains a company to beat.  A document from the NGX, made available to the Value News online Magazine shows that the Conglomerate 2025, half year gross revenue figure stood at 279.7billion while the Profit Before Tax, PBT, grew phenomenally to N85.7 billion, a record yet to be matched by any other conglomerate of equal size.

The Group, according to a top Management staff of one of the subsidiaries based in Abuja, the Federal Captal Territory, FCT, had continued its healthy profitability trajectory in the first half of the year, 2025, with a 21% PBT growth of N85.7 billion, compared to N70.9 billion in the same period in 2024.

Transcorp leading the pack

The Transcorp Group performance as posted in the listed companies, in NGLX, as at June 30, 2025 report, clearly show the conglomerate’s gross’ profit margin witnessed a 47%, growth rate ‘’despite ‘’the country’s economic headwinds’’, an indication of ‘’the Group’s growth on a year -on -year’’.    

Informed sources had told the online Magazine the Transcorp Goup’s first half of 2025 revenue grew by 59% from N175.4 billion in 2024 to N279.7 billion, while profit before tax grew by 21%, to close at N85.7 billion compared to N70.9 billion recorded in H1 2024.

One of the notable projects executed by the group that had continued to boost the Group’s monthly   revenue, the source had revealed included ‘’the launch of the Transcorp Center in at the FCT, described as ‘’Nigeria’s state of the art convention and events centre’’, which has already hosted international leaders and major regional events’’.

Given the impressive performance of the group in between January 1St, to June 30, 2025, may have encouraged Elumelu, led Board of Directors ‘’in line with its commitment to delivering value to shareholders’ mission, ‘’to have declared an interim dividend of ₦4.064 billion representing 40 kobo per ordinary share subject to applicable withholding tax’’.

Elumelu, who sits  atop the Board of several Blue-chip companies both within and outside the country while delivering his impactful driven, value creating power speech, reiterated that the group will continue ‘’to advance strategic investments across key sectors in Nigeria’’.

He had described the group’s Transcorp Power and Transafam Power as increasingly innovative to improve lives, and thus ‘’transforming Nigeria’’. The business mogul may have gladdened the heart of shareholders when he noted that ‘’the group’s investment in the country’s hospitality sector, would continue to be a delight to millions of its clients and further redefine the sector’’, not least with the opening in Abuja of the Transcorp centre, which he had consistently labelled as the country’s superlative events centre.

 Hear Him:with our new 5,000-seat capacity events centre, we are positioning Nigeria as the epicentre of high-scale conferences and events, including hosting the recently concluded AFREXIM Annual Meetings 2025.

  This may have informed why he had declared that ‘’the group will continuously explore other innovative ways to further accelerate our growth trajectory while strengthening its leadership in Nigeria’s power, hospitality, and energy sectors.”

He was said to have stated further: ’Our growth demonstrates the resilience in its diversified business mode, l.  insisting that the group remain dedicated to achieving our strategic vision, rewarding our valued shareholders, and driving the sustainable transformation of Nigeria’s

economy”.

Omogiafo: President /GCEO, Transcorp Group

 Owen Omogiafo, the Transcorp Transnational   Group Chief Executive Officer, CEO, had given his words that the group’s second half 2025 financial revenue performance would be much better that 2025, first half reports, that would reflect, what she had described as the conglomerate ‘’firm commitment to operational excellence and the resilience inherent in its corporate strategy’’. The group Management Team was said to have initiated measures that the measures to boost its operations to further enhance its capacity ‘’to effectively navigate challenges’’.

There is no gainsaying the fact that this adaptability over the first six months of the year, 2025, had enabled the Transcorp group ‘’to thrive within a dynamic business landscape while consistently delivering value to our stakeholders’’.

Transafam Power, particular, was said to have provided over 20% of Nigeria’s installed power capacity. This may have emboldened the GCEO, to declared that ‘’Transcorp is committed to developing Nigeria’s domestic energy value chain through its investments in OPL281 limited.

The Group’s hospitality business, Transcorp Hotels Plc, which owns the iconic Transcorp Hilton Abuja, described as the Nigeria’s flagship hospitality destination, and which had launched the digital platform Aura by Transcorp Hotels appears to be far ahead of its other competitors across the African Continent.

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