AGS NEWS – Nigerian businessman Tony Elumelu has called on the government and security agencies to identify those responsible for stealing the country’s crude oil, especially using vessels that navigate through Nigeria’s territorial waters. Elumelu made these remarks in an … Continue reading Govt should tell us those stealing crude with vessels – Elumelu
AGS NEWS – Transcorp Hotels, led by Managing Director Dupe Olusola, is gearing up to unveil its 5,000-capacity event center in the latter half of this year. This announcement came alongside the release of the company’s 2023 results, filed with … Continue reading Transcorp Hotel announces launch of 5,000-capacity event centre
AGS NEWS – Transcorp Power Plc, the power generation subsidiary of Transnational Corporation of Nigeria (Transcorp), saw a 10% increase in its market value during its debut on the Lagos Stock Exchange on Monday. At the close of trading, the … Continue reading Transcorp Power’s market value soars to N1.98 trillion following Lagos listing
Tony Elumelu, Chairman of HEIRS Holdings and Transcorp PLC, had a closed-door meeting with President Bola Ahmed Tinubu at the Presidential Villa in Abuja. Elumelu spoke to reporters after the meeting, expressing his approval of Tinubu’s decisions that are benefiting … Continue reading Nigerians will gain massively from Tinubu’s administration – Tony Elumelu
A significant stride in Nigeria’s power landscape has been achieved as Transnational Corporation, at the helm of a consortium, secures a 60% stake in the Abuja Electricity Distribution Company (AEDC) and stakes in Delta power plants. This momentous development propels … Continue reading Transcorp, led by Elumelu, strengthens presence in Nigeria’s power sector
Tony Elumelu, a renowned Nigerian economist and the Chairman of Transcorp Power Limited, has revealed that the Ughelli power plant is entirely managed by Nigerians. Elumelu made the statement during the presentation of the discharge certificate of Ughelli power plant … Continue reading Transcorp power plant operated and managed solely by Nigerians – Tony Elumelu
Tony Elumelu has acquired more shares in Transnational Corporation (Transcorp) at a cost of over N23 billion in response to Femi Otedola’s recent acquisition of 2.24 billion shares, which gave him a 5.52% stake in the company, thereby overtaking Elumelu’s … Continue reading Tony Elumelu acquires over N23bn shares to regain control of Transcorp Plc from Femi Otedola
AGS NEWS 