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Transcorp Declares N20.3bn Dividend After Revenue Hits N544bn in 2025

Transnational Corporation Plc has declared a total dividend of N20.3 billion to its shareholders, translating to N2.00 per share, at the company’s 20th Annual General Meeting held in Abuja.

The payout comprises an interim dividend of N4.06 billion, equivalent to 40 kobo per share, which was disbursed in August 2025, alongside a final dividend of N16.3 billion, representing N1.60 per share.

Shareholders at the meeting approved the Group’s Audited Financial Statements for the year ended December 31, 2025. Group Chairman Tony Elumelu reaffirmed the conglomerate’s dedication to delivering sustainable long-term value, even as shareholders commended the management for consistent performance across the business.

The Transcorp Group recorded strong year-on-year growth across all key financial indicators in 2025, with a combined market capitalisation of N4.78 trillion, equivalent to approximately $3.52 billion, as of May 7, 2026. Group revenue rose 33 per cent to N544 billion from N408 billion the previous year. Profit Before Tax climbed 31 per cent to N179.5 billion, while Profit After Tax surged 44 per cent to N135.9 billion from N94.1 billion in 2024.

Elumelu credited the Group’s resilient financial performance to a diversified portfolio that has continued to buffer the business against a challenging macroeconomic climate. He said strong corporate governance and disciplined strategic execution remained the foundation of the Group’s growth.

Group President and Chief Executive Officer Owen Omogiafo described 2025 as a year of strategic resolve and disciplined execution. She said the Group was committed to narrowing the significant gap between electricity demand and supply in Nigeria, and vowed to sustain efforts to create value for the country at large.

Omogiafo also highlighted the 5,000-seat Transcorp Centre in Abuja as a tangible demonstration of the Group’s execution capacity in its hospitality segment, promising more landmark projects in the coming years.

Shareholders who addressed the meeting praised both the board and staff for the Group’s sustained performance trajectory. One shareholder commended the management and workforce for a job well done, while another expressed pride in the organisation’s growth under Elumelu’s leadership, noting that its mission to improve lives and transform Africa was becoming a visible reality.

Transcorp Group ranks among Africa’s leading publicly listed conglomerates, with strategic investments spanning the power, hospitality, and energy sectors.

Kenechukwu Okonkwo

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