Transnational Corporation Plc has announced 57% revenue growth, from N90.3 billion in 2022 to N142.1 billion in 2023. The announcement came at the company s 18th Annual General Meeting (AGM), held on Monday, at the Transcorp Hilton Hotel, Abuja. Transcorp Group is Nigeria’s leading listed conglomerate. The Company’s outstanding financial results were driven…
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Nigeria is a place with many talents. In recent months, the innovativeness of the Nigerian crop of young MDs and CEOs has crushed the conventional boundaries of achievements, introducing a new kind of acumen to business sectors. Peter Ikenga, CEO of Transcorp Energy is one of these CEOs with fresh perspectives and approach to work.
Peter Ikenga is one of the fierce Transcorp-ers pushing the frontiers on the conglomerateâs expanding network of business interests. As the man in charge of Transcorp Energy, the division that represents Transcorp on the upstream petroleum energy sector, Ikengaâs role requires him to be both original and ingenious or risk falling behind the other Transcorp divisions (Transcorp Hotels and Transcorp Power) in impact.
(AFRICAN EXAMINER) – Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria Plc, one of Nigeria’s leading power producers, announced an alternative energy solution to Nigeria, as part of its broader integrated energy strategy.
Unveiling Transcorp’s alternative energy plan at a meeting with the Honourable Minister of Science & Technology, Dr. Ogbonnaya Onu, Peter Ikenga, the Head of Transcorp’s Energy business, said it offered considerable potential to the power sector.
Speaking at the event, Mr Ikenga stated that Transcorp Energy was seeking to collaborate with the Federal Government, through the Federal Ministry of Science and Technology, to develop nuclear power plants as alternative energy source in Nigeria, using the OPEN100 model.