Transnational Corporation Plc (Transcorp Group) has released its audited full-year 2025 results, marking a historic turning point for the Tony Elumelu-led conglomerate.
The Group officially crossed the ₦1 trillion total assets threshold for the first time, supported by a record 44% surge in Net Profit to ₦136 billion.
The results reflect a “power-driven” growth story, with the Group’s energy and hospitality subsidiaries capitalizing on Nigeria’s infrastructure demands to deliver a combined market capitalization of ₦4.78 trillion ($3.54 billion) on the Nigerian Exchange (NGX).
Tony O. Elumelu, CFR, Chairman, Transnational Corporation Plc said:
“Our 2025 results are not just strong — they are decisive. They reflect the power of a deliberately diversified portfolio, disciplined execution, and our unwavering belief in Nigeria’s long-term potential. Across power, hospitality and energy, we are building platforms that deliver both commercial returns and social impact. In power, our integrated energy strategy is translating directly into measurable capacity growth and improved reliability. Transcorp Power increased available capacity to 625MW, while TransAfam Power tripled peak generation capacity to 270MW. These are not incremental gains — they are structural contributions to Nigeria’s energy security and industrial competitiveness. In hospitality, we continue to set the standard for excellence. The Transcorp Centre Abuja is redefining Nigeria’s capacity to host global events at scale and positioning our Group to capture significant future growth. We remain focused on one outcome: sustainable, long-term value creation. For our shareholders. For our partners. And for Nigeria’s economic transformation.”
The 2025 Financial Scorecard: Crossing the Trillion Mark
Transcorp’s balanced portfolio allowed it to maintain a high gross profit margin of 50.5% despite inflationary pressures in the operating environment.
- Revenue of ₦544 billion, up 33% year-on-year
- Profit Before Tax rose 31% to ₦179.5 billion
- Total assets crossed ₦1 trillion, rising 33% to ₦1.002 trillion
- Shareholders’ Funds increased 47% to ₦353.4 billion
Sector Analysis: Power and Hospitality Lead the Charge
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Power Sector Dominance: Revenue from power subsidiaries grew 38% to ₦483.97 billion. This was driven by a significant ramp-up in generation capacity at Transcorp Power PLC and Afam Power Plc, alongside more consistent gas supply following strategic upstream interventions.
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Hospitality Excellence: Transcorp Hotels Plc recorded a 38% revenue jump to ₦97.04 billion. The growth was fueled by record occupancy rates in Abuja and a surge in demand for the Group’s premium “Aura” digital platform and conferencing services.
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Debt Optimization: In a rare move for a growing conglomerate, Transcorp reduced its total borrowings by 15% to ₦75.5 billion. Its gearing ratio now stands at a very healthy 13%, providing massive headroom for future acquisitions.
Strategic Outlook: From Stabilization to Expansion
With ₦353 billion in Shareholders’ Funds, Transcorp is now positioned as one of Africa’s most well-capitalized conglomerates
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Hospitality Footprint: Following the 2025 success, plans are reportedly underway for further geographic expansion of the Transcorp Hilton brand into other major Nigerian commercial hubs such as Lagos and Port Harcourt.
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Market Sentiment: Investors will cheer the final dividend of N1.60 Kobo (One Naira Sixty Kobo) per ordinary share, subject to shareholders’ approval and appropriate withholding tax deduction, which will be paid to shareholders whose names appear in the Register of Members as at the close of business on Friday, May 1, 2026 . This, when combined with the Interim Dividend of 40 kobo per share paid on August 19, 2025, will bring the Total Dividend for the 2025 financial year to N2.00 per ordinary share.
Dr. Owen Omogiafo, OON, President/Group CEO said:
“Transcorp Group’s FY 2025 performance reflects disciplined strategy execution and operational excellence across our portfolio. Crossing the ₦1 trillion total assets milestone is a defining achievement—a validation of the strength of our platform and the confidence of our investors. With 47% growth in Shareholders’ Funds and sustained profitability, we have closed the year with strong momentum. Guided by our purpose to ‘Improve Lives and Transform Africa,’ we continue to optimise our businesses to deliver superior stakeholder value. We provide investors with structured access to the Nigerian growth story and remain firmly committed to delivering sustainable returns while advancing broader economic development.”
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