By Elizabeth Chukwuma
It is no longer news that Transcorp Group, had remained the leading Conglomerate listed in the Nigerian Stock Exchange, NGX, over the last couple of years.
Financial experts had attributed to the Group’s strategic investments in across diverse sectors of the economy, with strong showing in the nation’s power sector, hospitality, oil and gas, coupled with its focus on innovation and strategic adaptability.
With a shareholder holding of over 300,000, the Group, according informed sources the group has remained at the forefront of shaping the nation’s business landscape, driving growth and contributing in various ways and its economic development.
The impressive performance of the group subsidiaries which include Transcorps Hotels plc, Transcorp Power plc, Transafam Power Limited, Transcorp OPL 281 Nig. Limited and Transcorp Energy Limited, appears to have translated into the group’s overall superlative performance in its half NGX, reports. On a yearly basis.
The group’s 2025, half year report had sent a signal to its competitors across the country that it remains unbeatable in its business performance. A document from the NGX, made available to the Value News online Magazine shows that the Conglomerate 2025, half year 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 2025, with a 21% PBT growth of N85.7 billion, compared to N70.9 billion in the same period in 2024.
The Transcorp Group performance as posted in the NGX, listed companies, June 30, 2025 report clearly show the conglomerate’s gross’ profit margin had witnessed a 47%, rise despite ‘’the country’s economic headwinds’’.
The unaudited Transcorp Group 2025, impressive half year report clearly shows ‘’the Group’s growth on a year -on year’’, which the Management Team of the various subsidiaries had vowed to sustain in the remaining half the 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.
The notable highlights of the period that was said to have boosted the Group’s revenue, the source further revealed included ‘’the launch of the Transcorp center in Abuja, 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 Tony Elumelu, a business mogul led Transcorp Group Board of Directors in line with its commitment to delivering value to shareholders, to have declared an interim dividend of ₦4.064 billion representing 40 kobo per ordinary share but subject to applicable withholding tax.
Elumelu, who sits on the Board of several Blue-chip companies both within and outside the country while delivering his impact 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 innovate to improve lives, thus ‘’transforming Nigeria’’. The business mogul may have gladdened the heart of Nigerians 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 many believes is the country’s superlative events centre.
With our new 5,000-seat capacity event centre, we are positioning Nigeria as the epicentre of high-scale conferences and events, including hosting the recently concluded AFREXIM Annual Meetings 2025. We continuously explore innovative ways to further accelerate our growth trajectory while strengthening our leadership in Nigeria’s power, hospitality, and energy sectors.”
‘’Our growth demonstrates the resilience and strength of our diversified business mode, l, he was said to have further said.
He was said to further stated: We remain dedicated to achieving our strategic vision, rewarding our valued shareholders, and driving the sustainable transformation of Nigeria’s economy”.
Owen Omogiafo, President /Group Chief Executive Officer, GCEO, Transcorp group, has given his words that the group’s second half 2025 financial performance would reflects, what he had described as the conglomerate ‘’firm commitment to operational excellence and the resilience inherent in its corporate strategy’’, noting that the measures that had been put in place to boost its operations would further enhance its capacity to effectively navigate challenges.
There is no gainsaying the fact that this adaptability was said to have enabled the group ‘’to thrive within a dynamic business landscape while consistently delivering value to our stakeholders’’.
Transafam Power, provide over 20% of Nigeria’s installed power capacity. Transcorp is committed to developing Nigeria’s domestic energy value chain through its investments in OPL281. The Group’s hospitality business, Transcorp Hotels Plc, owns the iconic Transcorp Hilton Abuja, Nigeria’s flagship hospitality destination, and has launched the digital platform Aura by Transcorp Hotels.
