Transnational Corporation Plc, one of Africa’s leading listed conglomerates with strategic investments in power, hospitality, and energy, recently announced its audited Full Year 2025 results, delivering record financial performance across all business lines and crossing the ₦1 trillion total asset milestone for the first time in the Group’s history. The conglomerate which is driven by its mission to improve lives and transform Africa is listed on the Nigerian Stock Exchange (NGX: TRANSCORP), and currently has a market valuation of around ₦497 billion (Share price ~₦49). Interestingly, Transcorp stock did not fully participate in the rally that swept across the NGX in the first two months of 2026, neither has it been favoured like other energy stocks by the ongoing US-ISRAEL-IRAN war. The group led by Dr. Owen Omogiafo is chaired by Mr Tony Elumelu of UBA group fame, who is also the major shareholder through his investment vehicles. Its power businesses — Transcorp Power Pl...
TRUSTBANC HOLDINGS LIMITED (“TrustBanc” or the “Company” or the “Issuer”) Opened Series 1 and 2 Commercial Paper Issuance Worth Up to ₦20 Billion- Closes on the 23rd of March. TrustBanc Holdings Limited has commenced its Series 1 & 2 Commercial Paper (CP) issuance, aiming to raise up to ₦20 billion under its ₦100 billion Commercial Paper Issuance Programme. This issuance presents a unique opportunity for investors looking to participate in Nigeria’s growing financial market. TrustBanc Holdings Limited TrustBanc was incorporated on 26th July 2018 as a holding company that synergises the operations of TrustBanc Financial Group (“the Group”). The Group is an integrated financial services group with solutions covering wealth management, ethical and conventional investments management, securities trading, savings, lending and forex. TrustBanc will eventually evolve to receive dividends from subsidiaries and absorb some expenses as the need...