{"id":12312,"date":"2017-04-13T15:25:26","date_gmt":"2017-04-13T14:25:26","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=12312"},"modified":"2017-04-13T15:27:07","modified_gmt":"2017-04-13T14:27:07","slug":"transcorp-plc-rises-to-a-top-500-company-in-africa","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/transcorp-plc-rises-to-a-top-500-company-in-africa\/","title":{"rendered":"Transcorp Plc. rises to a Top 500 company in Africa"},"content":{"rendered":"

Transnational Corporation of Nigeria (Transcorp) was on the list of Africa\u2019s top 500 companies recently released by The Africa Report\u00a0(February 2017 issue), a leading news magazine publication owned by Paris-based media group,\u00a0Jeune Afrique.\u00a0<\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

The list is compiled annually with each company listed\u00a0assessed based on total turnover as well as net profits. Despite the recent economic challenges in the country, Transcorp has\u00a0continued to focus on improving lives and transforming Nigeria as they join the\u00a0list of Africa\u2019s stellar performers.<\/span><\/span><\/p>\n

\u00a0<\/span><\/span>According to Transcorp Plc. President\/CEO, Emmanuel Nnorom,\u00a0the\u00a0recognition is most welcomed and has become\u00a0proof that it is possible to be financially profitable when you focus on the best interest of the country and the people.\u00a0Nnorom also noted that Transcorp has been recognized as one of Africa\u2019s top 500 companies despite the fact that its investments are currently situated in Nigeria only.\u00a0<\/span><\/span><\/p>\n

\u00a0<\/span><\/span>A handful of notable Nigerian companies also appeared on this year\u2019s list of Africa\u2019s best including Dangote, and Nigeria Breweries.<\/span><\/span><\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

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Transcorp is a leading diversified conglomerate with focus on acquiring and managing strategic businesses that create long-term shareholder returns and socio-economic impact. Its business interests are in four strategic sectors: Power, Energy, Hospitality and Agriculture.<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Incorporated on November 16, 2004 and quoted on the Nigerian Stock Exchange, Transcorp has a shareholder base of about 300,000 investors, the largest of which is Heirs Holdings Limited, a pan-African proprietary investment company. Transcorp\u2019s other notable businesses include the award-winning Transcorp Hilton Hotel, Abuja; Transcorp Hotels, Calabar; Transcorp Power Limited which acquired Ughelli Power Plc, owner of the Ughelli Power Plant and Transcorp Energy Limited, operator of OPL 281.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Transnational Corporation of Nigeria (Transcorp) was on the list of Africa\u2019s top 500 companies recently released by The Africa Report\u00a0(February 2017 issue), a leading news magazine publication owned by Paris-based media group,\u00a0Jeune Afrique.\u00a0 \u00a0 The list is compiled annually with each company listed\u00a0assessed based on total turnover as well as net profits. Despite the recent …<\/p>\n","protected":false},"author":11,"featured_media":12314,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23],"tags":[1747],"coauthors":[2392,2393],"class_list":["post-12312","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","tag-transcorp-plc"],"yoast_head":"\nTranscorp Plc. rises to a Top 500 company in Africa - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/transcorp-plc-rises-to-a-top-500-company-in-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transcorp Plc. rises to a Top 500 company in Africa - National Wire\" \/>\n<meta property=\"og:description\" content=\"Transnational Corporation of Nigeria (Transcorp) was on the list of Africa\u2019s top 500 companies recently released by The Africa Report\u00a0(February 2017 issue), a leading news magazine publication owned by Paris-based media group,\u00a0Jeune Afrique.\u00a0 \u00a0 The list is compiled annually with each company listed\u00a0assessed based on total turnover as well as net profits. 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