Transcorp’s H1 2024 revenue surged 114%, reaching $110 million, driven by strong performance across key operating units.
Transcorp Group
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Transcorp Power, linked to Nigerian tycoon Tony Elumelu, posts $23 million profit in H1 2024
The power company’s profit soared to $23 million, marking a 233 percent increase from $6.9 million in the same period last year.
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After 30 years as Nigeria’s leading hospitality outfit, Transcorp Hotels is injecting more than $120 million into rehabilitating its five-star hotels.Â