Transnational Corporation Plc (NGX: TRANSCORP), Africa’s leading listed conglomerate with strategic investments in power, hospitality, and energy, yesterday hosted a high-level investors’ call to review its audited Full Year 2025 financial results and outline strategic priorities for 2026. The Group reported its best financial performance in history, delivering record growth across all key metrics.
In 2025, Transcorp Group posted gross revenue of ₦544.41 billion, reflecting a 33% year-on-year increase, driven by strong operational execution in both its power and hospitality segments. Profit Before Tax rose 31% to ₦179.50 billion, while Profit After Tax surged 44% to ₦135.9 billion. These results underscore the Group’s capacity to sustain robust growth despite challenging macroeconomic conditions, including sector-wide constraints such as gas supply disruptions, grid instability, and inflationary pressures.
During the investors’ call, President and Group CEO, Owen Omogiafo, described the 2025 results as validation of the resilience of Transcorp’s diversified operations. She said,
“Our performance for the year was robust. We recorded significant revenue growth and sustained strong profitability, underpinned by disciplined execution and the strength of our diversified portfolio.”
Addressing questions on Nigeria’s power sector, Omogiafo emphasized the Group’s role in national development.
“Power remains critical to the sustainable development of any economy, especially in Nigeria. Initiatives like Grid Asset Management Company (GAMCO), alongside the Electricity Act, are key to revitalising the power sector and ensuring long term sustainability.” she noted.
In the hospitality sector, Transcorp Hotels Plc, owners of the iconic Transcorp Hilton Abuja, continues to redefine African hospitality standards. Omogiafo said,
“We will not rest on our oars. We remain committed to delivering a diverse and enriching experience for our guests, while sustaining and improving the strong occupancy levels we have achieved. Notably, by Q3 last year, Transcorp Hotels had already surpassed its full-year 2024 performance. That is the kind of value we will continue to build on.”
All segments of Transcorp Group delivered strong growth, collectively driving the overall revenue performance. With a combined market capitalization of ₦4.87 trillion ($3.57 billion) across its listed subsidiaries and over 311,000 shareholders on the Nigerian Exchange (NGX), the Group continues to transform key sectors of the Nigerian economy.
Peter Ikenga, MD/CEO of Transcorp Power Plc, highlighted the Group’s ability to sustain generation despite financial delays, attributing this to internal resilience and a diversified gas strategy.
“We recognise the value of ensuring consistent, reliable, and stable power generation. We are consistently working with various gas producers and transporters to ensure that even when they undergo maintenance programmes, we are only slightly impacted.”
Looking ahead, the Group targets an average available capacity of 760MW for Transcorp Power by year-end 2026, with receivable resolutions providing the necessary liquidity to fund aggressive expansion.
On macroeconomic conditions, Omogiafo observed that Nigeria experienced relative stability in 2025, with improving fundamentals, declining inflation, and a strengthening naira. However, global tensions, particularly in the Middle East, continue to pose risks to commodity prices and external demand. She expressed optimism that policy adjustments, including interest rate moderation, would support domestic production and economic growth.
Omogiafo reaffirmed Transcorp’s commitment to sustaining growth and delivering value to shareholders despite industry headwinds. The company will focus on increasing operational capacity across its businesses, deepening partnerships, driving efficiency, and expanding hospitality offerings through new collaborations and enhanced customer experiences.
Transcorp Group remains one of Africa’s most consequential diversified conglomerates, balancing commercial returns with national impact. Its power subsidiaries, Transcorp Power Plc and TransAfam Power, provide over 20% of Nigeria’s installed power capacity. Through investment in OPL281, the Group advances Nigeria’s domestic energy value chain. Meanwhile, its hospitality subsidiary owns the landmark Transcorp Centre Abuja and the iconic Transcorp Hilton Abuja.