Tag: Transcorp Power

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Transcorp Power posts $39.8 million half-year profit despite Nigeria grid attacks

Tony Elumelu-backed Transcorp Power records a $39.87 million profit before tax, maintaining strong efficiency gains despite severe grid attacks.

Omokolade Ajayi Omokolade Ajayi
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Transcorp Power posts $22 million Q1 profit, assets top $450 million

Transcorp Power posts N29.7 billion ($22 million) profit in Q1 2026 as gas shortages hit output, while assets rise above $450 million despite revenue pressure.

Omokolade Ajayi Omokolade Ajayi
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Transcorp Power revenue tops $290 million in 2025, backing Nigeria’s power push

Transcorp Power posts $290 million revenue in 2025, boosting output and supporting Nigeria’s power sector growth.

Omokolade Ajayi Omokolade Ajayi