Transnational Corporation Plc distributed a total dividend of N20,323,995,148 to shareholders at its 20th Annual General Meeting, held at the Transcorp Centre in Abuja. The payout translates to N2.00 per share, combining an interim dividend of 40 kobo paid in August 2025 and a final dividend of N1.60. Shareholders approved the audited financial statements for the year ended December 31, 2025, during the meeting.
Revenue for the group rose 33 per cent to N544 billion, up from N408 billion in 2024. Profit before tax increased by 31 per cent to N179.5 billion, while profit after tax jumped 44 per cent to N135.9 billion. The conglomerate's market capitalisation stood at N4.78 trillion, equivalent to $3.52 billion, as of May 7, 2026.
Group chairman Tony O. Elumelu reaffirmed Transcorp's focus on long-term value creation and strong corporate governance. He attributed the performance to the company's diversified portfolio across power, hospitality, and energy. President and Group CEO Owen D. Omogiafo described 2025 as a year of disciplined execution and reiterated the company's commitment to addressing Nigeria's energy gap. She highlighted the 5,000-seat Transcorp Centre as proof of progress.
Shareholders E. O. Obideyi and Moses Igrude praised management for consistent performance and long-term vision. Obideyi commended both the board and staff, while Igrude credited Elumelu's leadership for the company's growth.
Tony Elumelu leads a conglomerate declaring N20.3bn in dividends while citing Nigeria's energy crisis as a key focus, yet the dividend payout exceeds the annual profit of many power sector operators. The same management urging resolve on national energy delivery distributed N16.3bn in final dividends after an interim N4bn. Shareholders celebrate sustained returns, but no figure in the statement shows how much of that profit is reinvested into closing the energy gap. The applause in Abuja does not answer how much of Transcorp's success translates to electricity for Nigerian homes.
Editorial note: AI-assisted opinion, not established fact. Full disclaimer →
