Transcorp Group and Power Chiefs Win BusinessDay Awards
Transnational Corporation Plc and its subsidiary, Transcorp Power Plc, were honored at the 2026 BusinessDay Top 25 CEOs Awards held in Lagos. The awards recognize chief executives of leading companies on the Nigerian Exchange based on leadership performance, corporate governance, and value creation.
Transcorp Group, a diversified conglomerate operating in power, hospitality, and energy, reported a revenue increase from ₦408 billion in FY 2024 to ₦544 billion in FY 2025, marking a 33% growth. Profit Before Tax rose by 31% to ₦179.5 billion.
Transcorp Power Plc's revenue grew to ₦398.27 billion, a 30% increase from ₦305.94 billion in FY 2024, with a profit before tax of ₦162.44 billion, a 14% rise from ₦142.21 billion. Owen D. Omogiafo, President/GCEO of Transcorp Group, and Peter Ikenga, MD/CEO of Transcorp Power Plc, expressed gratitude for the recognition and reaffirmed their commitment to enhancing the power sector and hospitality investments.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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