Transcorp’s annual profit doubles to N34.1 billion after surge in energy income
Energy, which contributed 78 per cent of gross revenue, is the heart of the conglomerate, whose other divisions comprise agro-allied ...
Energy, which contributed 78 per cent of gross revenue, is the heart of the conglomerate, whose other divisions comprise agro-allied ...
Among the key highlights of Mr Elumelu’s speech was a perennial exodus of young, homegrown talents to the West on ...
Transcorp Group, whose biggest shareholder is businessman Tony Elumelu, is one of Nigeria's leading conglomerates with investments in the hospitality, ...
Sales accelerated to N82.1 billion from N62.9 billion following sharp rises in income from energy business Keywords/p
At a market price of N3.53 per share on Wednesday, the Elumelus’ stake in Transcorp comes to over N51.5 billion.
The all-share index grew by 252.1 basis points to 52,621.2, while the market capitalisation climbed to N28.7 trillion.
Transcorp Power Plc was delisted from routine evaluation and monitoring exercises by the agency
Transcorp shares slumped 9.9 per cent on the Nigerian Exchange (NGX) in Lagos
The corporation incurred N2.4 billion in foreign exchange loss on borrowings
Mr Otedola comes next to UBA Nominees Limited in the ownership order of the conglomerate.
Marginally growing by 3.2 per cent, revenue came to N32.4 billion compared to the N31.4 billion recorded in the first ...
The company had issued the statement in response to a query from the Nigerian exchange, seeking clarification on the said ...
Demand pressure on the shares of MTN Nigeria, Zenith Bank, GTCO and WAPCO helped sustain the bull run.
This is not a buy, sell or hold recommendation but a stock investment guide.
Tier-1 lender GTCO led the rout that left its share price only 5 kobo away from its lowest level in ...
Sell-offs in the shares of MTN Nigeria and oil palm processor Presco drove the pullback.
As investors await release of outstanding quarterly financial statements this week, the market could be relying on how strong they ...
The market appears to have entered correction territory after shedding 0.22 per cent last week.
The all-share index was down by 153.8 basis points at 52,944.7. Similarly, market capitalisation depreciated to N28.5 trillion.
Nigeria’s biggest oil and gas firm by market value Seplat led the advance on Friday, assisted by Flour Mills and ...
Until Tuesday, the bourse had been on a rally since April 32, buoyed by an unusually strong investors’ sentiment, and ...
A positive market breadth was recorded as 28 gainers emerged against 23 laggards. The rest 64 participating stocks saw no ...
The all-share index added 88 points, advancing to 46,631. 5, while the market capitalisation jumped to N25.2 trillion.
Access Holdings, which completed a changeover to a holding company on Monday, Zenith Bank and International Breweries led the pullback.
AEDC also announced the appointment of Kassim Abdulahi Burkullu as its new Chief Technical Officer (CTO), replacing Oluwafemi Zacchaeus.
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