Transnational Corporation of Nigeria

Transnational Corporation plc
Company typeConglomerate
IndustryEnergy, Power, Hospitality
HeadquartersLagos, Lagos State, Nigeria
Key people
ProductsHotels, energy, power
Websitetranscorpgroup.com

Transnational Corporation plc (or Transcorp Group), is a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors.[1] A publicly quoted conglomerate with a diversified shareholders base of about 300,000 investors, its notable assets include Transcorp Hotels plc owner of Transcorp Hilton Hotel, Abuja and Aura by Transcorp Hotels; Transcorp Power Plc and Transcorp Energy Limited (operator of OPL 281 and AEDC).[2]. As at 2023, Transcorp Group’s market capitalization is in excess of N540bn.[3]

  1. ^ "Transcorp's resurgence and challenges ahead :: The Economy Magazine". Archived from the original on 2012-07-22. Retrieved 2012-03-15.
  2. ^ "Transcorp and Partners Revise Oil License Agreement". Retrieved 2017-08-29.
  3. ^ "Tony Elumelu's Transcorp acquires 60% stake in Abuja DisCo". vanguardngr.com. Vanguard Nigeria. 2023-08-17.