Transnational Corporation Plc has declared a total dividend payout of ₦20.3 billion to shareholders at its 20th Annual General Meeting (AGM), following strong financial performance for the 2025 financial year. The AGM was held at the newly completed Transcorp Centre in Abuja, where shareholders approved the company’s audited financial statements for the year ended December 31, 2025.
The total dividend of ₦20,323,995,148 represents ₦2.00 per share and comprises an interim dividend payment of ₦4.06 billion, equivalent to 40 kobo per share, paid in August 2025, alongside a final dividend of ₦16.26 billion, representing ₦1.60 per share.
Strong Financial Performance
The conglomerate, which has strategic investments across power, hospitality and energy, reported significant year-on-year growth across key financial indicators during the period under review. According to the company, revenue increased by 33 per cent to ₦544 billion from ₦408 billion recorded in 2024. Profit before tax also rose by 31 per cent to ₦179.5 billion, while profit after tax climbed by 44 per cent to ₦135.9 billion compared to ₦94.1 billion in the previous year.
As of May 7, 2026, the combined market capitalisation of the Transcorp Group stood at ₦4.78 trillion, equivalent to approximately $3.52 billion.
Leadership Remarks
Speaking at the AGM, Group Chairman Tony O. Elumelu reaffirmed the company’s commitment to long-term value creation, strong corporate governance and disciplined execution of strategic priorities. “Transcorp Group remains firmly focused on strong corporate governance and the disciplined execution of its strategic priorities to deliver sustainable, long-term value,” Elumelu said. “Despite a challenging macroeconomic environment, the group continues to benefit from its diversified portfolio, which has underpinned resilient financial performance in 2025.”
President and Group Chief Executive Officer, Owen D. Omogiafo, described the 2025 financial year as one marked by strategic resilience and disciplined execution. “FY 2025 was a year defined by disciplined execution, strategic resolve, and resilient performance,” she said.
Omogiafo noted that the company remained focused on addressing Nigeria’s energy challenges while expanding its hospitality investments. “Transcorp Group is committed to resolving the energy crisis in Nigeria; we have an energy situation, and the gap between the demand and supply is still very wide. Hence, we will continue to work assiduously and tirelessly towards bridging that gap, creating value for the wider country,” she said. “In our hospitality business, the 5,000-seat capacity Transcorp Centre hosting us today is a testament to our disciplined execution, and you will see more in the coming years.”
Shareholder Reactions
Shareholders at the AGM commended the board and management for sustaining growth and improving returns to investors. One shareholder, Mrs E.O. Obideyi, praised the company’s management and staff for what she described as consistent year-on-year performance. “I commend the management and staff of Transcorp for sustained performance year-on-year. While we appreciate the board, I am also extending my commendation to the members of staff of Transcorp for a job well done,” she said.
Another shareholder, Mr Moses Igrude, applauded the leadership of the company and its long-term vision. “I appreciate the vision behind Transcorp and what it has become. When I look at the history, and how far it has come under Mr Tony Elumelu’s leadership, I am proud that the aim and objectives are being achieved,” he said. “That payoff line, ‘Improving lives and transforming Africa,’ is a reality we are witnessing.”
