This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages) This article uses bare URLs, which are uninformative and vulnerable to link rot. Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style. Several templates and tools are available to assist in formatting, such as reFill (documentation) and Citation bot (documentation). (September 2022) (Learn how and when to remove this template message) The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted.Find sources: "Transnational Corporation of Nigeria" – news · newspapers · books · scholar · JSTOR (June 2020) (Learn how and when to remove this template message) This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (June 2020) (Learn how and when to remove this template message)
Transnational Corporation plc
Company typeConglomerate
IndustryEnergy, Power, Hospitality
HeadquartersLagos, Lagos State, Nigeria
Key people
ProductsHotels, energy, power
Websitetranscorpgroup.com

Transnational Corporation plc (or Transcorp Group), is a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors.[1] A publicly quoted conglomerate with a diversified shareholders base of about 290,000 investors, its notable assets include Transcorp Hotels plc (Transcorp Hilton Hotel, Abuja and Transcorp Hotels, Calabar); Transcorp Ughelli Power Limited and Transcorp Energy Limited (operator of OPL 281).[2]

Origin

Transnational Corporation Plc was incorporated on 16 November 2004. The original concept was that Transcorp would be a conglomerate, similar to the South Korean chaebol conglomerates.[3]

Transcorp's businesses

Acquisitions

Recent partnerships

On 30 January 2013, Transnational Corporation of Nigeria plc and General Electric (GE) signed a framework agreement to collaborate to address the infrastructural needs of Nigeria, with emphasis on the power and transportation sectors specifically rail transportation.[17] GE, a global leader in the design, manufacture, supply, installation and maintenance of technology and services for the power sector, confirmed its commitment to facilitate the generation of 10,000MW of additional power in Nigeria over the next decade in line with its existing agreement with the Federal Government of Nigeria, signed in March 2012.[18]

External links

References

  1. ^ "Transcorp's resurgence and challenges ahead :: The Economy Magazine". Archived from the original on 2012-07-22. Retrieved 2012-03-15.
  2. ^ "Transcorp and Partners Revise Oil License Agreement". Retrieved 2017-08-29.
  3. ^ "Transcorp's resurgence and challenges ahead :: The Economy Magazine". Archived from the original on 2012-07-22. Retrieved 2012-03-15.
  4. ^ "Abuja Hotels - Transcorp Hilton Abuja - Hotels in Abuja, Nigeria". www.hilton.com. Retrieved 2020-10-10.
  5. ^ "New $250m fund to drive W/Africa's technology development - BusinessDay : News you can trust". BusinessDay : News you can trust. 2013-12-03. Retrieved 2017-08-29.
  6. ^ "Transcorp: Coming out of the Woods, Articles | THISDAY LIVE". Archived from the original on 2013-04-11. Retrieved 2013-02-27.
  7. ^ "Teragro Limited Juice Plant". Retrieved 12 August 2019.
  8. ^ "InvestAdvocate - Market News::...In Your Interest". InvestAdvocate. Retrieved 2017-08-29.
  9. ^ "Transcorp, 14 Firms Sign Agreement to Take over Discos, Gencos, Articles | THISDAY LIVE". Archived from the original on 2013-02-25. Retrieved 2013-03-14.
  10. ^ "Transcorp's resurgence and challenges ahead :: The Economy Magazine". Archived from the original on 2012-07-22. Retrieved 2012-03-15.
  11. ^ Iriekpen, Davidson (2010-06-28). "Nigeria: Court Restrains FG, Transcorp From Evicting Tenants". This Day (Lagos). Retrieved 2017-08-29.
  12. ^ "InvestAdvocate - Market News::...In Your Interest". InvestAdvocate. Retrieved 2017-08-29.
  13. ^ "Nigeria HomePage - Breaking News, Business, Sports, Entertainment and Video News". www.thenigerianvoice.com. Retrieved 2017-08-29.
  14. ^ http://lagosbusinessnews.com/node/388[dead link]
  15. ^ "The Guardian Nigeria Newspaper – Nigeria and World News". www.ngrguardiannews.com. Retrieved 2017-08-29.
  16. ^ "Transcorp takes over Ughelli power plant - Vanguard News". Vanguard News. 2013-11-04. Retrieved 2017-08-29.
  17. ^ "General Electric, Transcorp Target 650mw from Ughelli Power Plant, Articles | THISDAY LIVE". Archived from the original on 2013-02-02. Retrieved 2013-02-27.
  18. ^ "General Electric, Transcorp Target 650mw from Ughelli Power Plant, Articles | THISDAY LIVE". Archived from the original on 2013-02-02. Retrieved 2013-02-27.
Categories