Transnational Corporation plc (or Transcorp Group), is a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors. A publicly quoted conglomerate with a diversified shareholders base of about 300,000 investors, its notable assets include Transcorp Hotels plc owner of Transcorp Hilton Hotel, Abuja and Aura by Transcorp Hotels; Transcorp Power Plc and Transcorp Energy Limited (operator of OPL 281 and AEDC). . As at 2023, Transcorp Group’s market capitalization is in excess of N540bn.

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.

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. 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.