transcorp digest

Distinguished Shareholder,
It is with great pleasure that I introduce
the maiden edition of the Transcorp
Digest, our periodic investor newslet-
ter. The objective is to enhance trans-
parency by creating open and direct
communication with our stakeholders,
and to ensure that adequate and timely
information on our operational perfor-
mance is readily accessible.
Transcorp was founded with the aim of creating a responsive,
globally competitive conglomerate owned and managed
by Nigerians. To attain that goal, we operate with a focused
directive to fully engage in transformational investments
that create economic prosperity and social wealth across
the country. In the long term, we will expand our operation
across the African continent.
The last year has been a period of rapid change and devel-
opment for Transcorp. Our new Board redefned the strategic
objectives of the company and appointed a highly experi-
enced management team to undertake the execution. As we
reassessed the company, we streamlined our operating in-
dustries to energy, agribusiness and hospitality. The changes
made to our mission and vision statements underscore this,
as well as our commitment to pursue the strengths and op-
portunities inherent in the Nigerian market.
Our half-year results are a testimony of the efective strate-
gic steps we have taken to improve, transform and reposition
the company. We are excited that the remarkable strides we
took from the beginning of this year in charting the course
to achieve success and deliver value are yielding robust posi-
tive results. Our expectation is that Transcorp will deliver even
stronger results for the remaining part of this fnancial year
and beyond.
In the medium to long term, our strategic intent is to expand
across the value chain in all our sectors and diversify our in-
come stream. That versatility will set us on the right path to
seize opportunities to accelerate the company beyond the
Nigerian borders and make targeted inroads into the rest of
Africa.
I would like to thank all our stakeholders for their support
and dedication to the success of this company. We assure
you of our commitment to building a world-class, cohesive
enterprise optimised to deliver results across all our business
sectors.
Thank you.
Tony O. Elumelu, MFR
Dear Esteemed Shareholders,
Our quest to transform Trans-
corp into a world class conglom-
erate is driven by the vision of
creating sustainable value for
all in our chosen markets. We
started this year on a good note
and to date, have recorded sig-
nifcant achievements in our
business focus areas.
In this maiden newsletter, I am
pleased to share the highlights
of Transcorps achievements
and our half-year unaudited re-
sults for the period ended June
30, 2012 which were prepared
in line with International Finan-
cial Reporting Standards (IFRS).
Our 2012 half-year results show
total revenue for the six-month
period ended June 30, 2012
amounting to N1.8billion, up
by N507million (or 41%) from
1.2billion recorded for the same
period in 2011. Administrative
expenses of N488million have
been well moderated and are
in line with budget. Net prof-
its for the half year totalled
N1.1billion, an increase of 54%
over the N684million recorded
from the chairman
from the ceo
volume 1, issue 1
in this issue
Q&A with Yemi Okojie 3
About Transcorp 4
News Highlights and Photo Gallery 6
2012 Half-Year Results 8
Transcorp Share Price Gains 96.15% 8
continued on page 2
TRANSCORP DIGEST www.transcorpnigeria.com
2
in the previous year and proft after tax amounted to N940mil-
lion, representing a signifcant increase of 72% over the prior
year fgure of N547million.
These results are a clear indication that the transformation ini-
tiatives being implemented by management are taking root
and yielding the desired results. Our plan is to sustain stake-
holders trust by delivering solid fnancial returns in our diver-
sifed portfolio of businesses in the energy, agribusiness and
hospitality sectors.
In our energy business, we actively led a consortium of local
and international partners with extensive experience in the
power sector to submit a strong bid for the Ughelli Power
Plant, meeting the .submission deadline set by the Bureau
of Public Enterprises (BPE). The Ughelli plant has installed ca-
pacity of 972mw and the consortium plans to increase this to
1075mw within fve years if our bid is successful.
We have intensifed eforts to complete the regulatory docu-
mentation of our OPL 281 and are poised thereafter to begin
the seismic evaluation of the block. Our anticipated success
here portends a new and prosperous chapter for our company
and we will bring you more details in future newsletters.
With regard to our hospitality business, we plan to rapidly
expand our suite of hospitality services and spread across
key strategic locations. Transcorp Hilton Hotel continues to
maintain its position as the premier luxury hotel in the coun-
try while Transcorp Metropolitan Hotel Calabar is the leading
resort in the tourist city of Calabar. In the next three to fve
years, we shall increase the number of hotels in our hospitality
portfolio across major Nigerian cities including Abuja, Lagos
and Port Harcourt.
With respect to the agribusiness division, the President of Ni-
geria, His Excellency Dr. Goodluck Ebele Jonathan, commis-
sioned our Teragro Benfruit juice concentrate plant in Makurdi,
Benue State in March 2012. Teragro Benfruit plant is the frst-
of-its-kind juice concentrate factory in Nigeria and it operates
on the basis of strict international standards. We have com-
menced plans to build another juice concentrate plant with a
higher capacity in order to meet the demands of juice produc-
ers both locally and internationally.
These are truly exciting times for our company and country.
Nigeria as a whole possesses very rich and untapped resourc-
es. A conscious and strategic move towards exploring and
developing these resources would surely generate economic
prosperity. At Transcorp, we are well positioned to capitalize
on these opportunities to deliver sustainable positive results
for our shareholders. We are thrilled about the quality of suc-
cess that we have recorded in such a short time and are deter-
mined to continue in our unrelenting drive towards creating
value for all.
Thank you.
Obinna Ufudo
ceo, continued
The financial statements for the quarter ended June 30, 2012 have been prepared in conformity with the International
Financial Reporting Standards (IFRS). The Board is of the opinion that barring any unforseen circumstances, the
current trend will be sustained for the rest of the year.
Dated this 17th day of July, 2012
BY ORDER OF THE BOARD
CHRISTOPHER EZEAFULUKWE
Company Secretary
STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED
CONTINUING OPERATIONS
Revenue 788,752 1,248,861 2,833,333
Cost of Sale - - -
Gross Profit 788,752 1,248,861 2,833,333
Other Gain and (Loss) 3,991

102 -
Administrative Expense (487,866) (438,182) (1,451,646)

- - -
Other Expenses - - -
Operating Profit/(Loss) 304,877 810,781 1,381,687

Finance income 967,559

861 17,492
(220,435)

(127,628) (259,754)
Net Finance Income/(Costs) 747,124

(126,767) (242,262)
Profit Before Income Tax 1,052,001

684,014 1,139,425
Income Tax Expense (112,069)

(136,803) (361,516)
Profit for the Period from Contnuing Operations 939,932

547,211 777,909

Discontinued Operations -

- -

Profit for the Period
939,932

547,211 777,909
Other Comprehensive Income (net of Taxes) -

- -
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 939,932 547,211 777,909
Attributable to:
Owners of the Company 939,932

547,211 777,909
Non-controlling interest -

- -
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 939,932

547,211 777,909
Other Income
Finance costs
Unaudited Unaudited Audited
YTD Q2 2012 YTD Q2 2011 Full Year 2011
N'000 N'000 N'000



:v.wsw.:iow.i covvov.:iow ov wicvvi. vic
}Uwv 30, 2012
3
Head of Strategy and Business
Transformation, Yemi Okojie dis-
cusses Transcorps strategy in the
medium and long term.
q. As Transcorp repositions to promote and enhance its
brand, what is the role of Strategy and Business Transfor-
mation in the overall picture?
a. Strategy and Business Transformation is a recently formed
department within Transcorp with the mandate to develop,
and constantly test and update the strategy for Transcorp and
its subsidiaries. As Transcorp continues to acquire new busi-
nesses and grow its portfolio of assets, there is also the need to
ensure that the businesses are operating optimally and meet-
ing the pre-acquisition or pre-development investment tar-
gets. This is where Business Transformation comes in. Business
Transformation is charged with developing the roadmap for
such transitions, in collaboration with the relevant Subsidiary
CEOs and Heads of Departments.
q. Transcorp is a diversifed conglomerate with strate-
gic investments. Are there any plans to expand the busi-
ness beyond the existing investments in the near future?
a. Expansion is a key element of our business strategy. Ear-
lier this year, we conducted a detailed strategic planning ex-
ercise, involving key internal and external stakeholders from
our business focus areas. Transcorp revalidated its strategy
and redefned its vision: to create sustainable value for our
stakeholders in our chosen markets. In line with this vision,
we plan to use our current assets as a springboard to extend
along the value chain in our key sectors (Energy, Hospitality,
Agribusiness) and signifcantly increase our market share. This
is also aligned with our mission statement, which is to build
a conglomerate of successful businesses underpinned by ex-
cellence, execution and entrepreneurship, reiterating how we
intend to achieve our vision.
q. We are aware of Transcorps businesses in Hospital-
ity (e.g. Hilton Hotel Abuja) and Agribusiness (e.g. the re-
cently commissioned juice concentrate plant in Makurdi).
What is Transcorp doing in the Energy sector?
a. We have defned the energy sector to include oil and gas,
power, mining and petrochemicals. Nevertheless, we have a
diferent model in each area of the energy sector based on the
competitive advantage we have to create value. Opportuni-
ties abound in all areas of the energy sector resulting from
the local content act and petroleum industry bill, shortage of
electricity/power supply and untapped natural resources. In
oil and gas, we are fnalising the necessary regulatory approv-
als with respect to commercialising OPL 281. In addition, we
intend to increase the number of oil and gas assets we have
through future bid rounds by the Federal Government and/or
stakes in existing oil and gas assets. We are also actively work-
ing with strategic partners to pursue other opportunities in
existing assets.
In the Power sector, we led a consortium to bid for the acquisi-
tion of Ughelli Power Plc, under the governments privatisa-
tion plan for PHCN assets. Our consortium includes local and
international technical partners, with strong power experi-
ence in developed and developing markets.
q. What signifcant steps has the organisation taken to
ensure there is synergy between Transcorp and its Subsid-
iaries?
a. We have taken a number of signifcant steps to ensure
alignment between the corporate centre and the subsidiaries.
One key step was the restructuring of our corporate centre to
better support the growth in the subsidiary businesses. The
corporate centre is now well positioned to provide shared
services to the subsidiaries including treasury management,
strategic planning, project management, internal audit, le-
gal advisory, company secretariat, government relations and
branding and communications. In addition, we have updated
our corporate governance codes and aligned those of the sub-
sidiaries with the corporate centre to facilitate group integra-
tion and standardization.
q&a with yemi okojie
Transcorps Strategy Session
Transcorp Corporate Ofce
TRANSCORP DIGEST www.transcorpnigeria.com
4
Transcorp was incorporated on 16 November, 2004 with
the goal of creating a truly Nigerian conglomerate with
the ability to compete with other global multinational
companies. The founding goals included setting up a
company capable of mobilising local and international
capital in the development of world-class enterprises,
under strong Nigerian management and leadership.
Today, Transcorp is a diversifed conglomerate with
strategic investments and core interests in the energy,
agribusiness and hospitality sectors. Some of our no-
table assets include Transcorp Energy Limited, Teragro
Commodities Limited, Transcorp Metropolitan Hotel
and Conferencing Limited, and Transnational Hotels
and Tourism Services Limited (owners of Transcorp Hil-
ton Hotel, Abuja).
our vision
To create sustainable value for our stakeholders in our
chosen markets.
our mission
To build a conglomerate of successful businesses un-
derpinned by execution, excellence and entrepreneur-
ship.
our core values (h.e.i.r.)
Humility: The quality of being modest and respectful
Our business environment is constantly evolving, and
we are continuously learning and adapting. We are
open to learning from others, no matter who they are.
Excellence: A quality which is unusually good and
so surpasses ordinary standards
We are committed to achieving maximum value-add
in whatever we do. We believe in continuous improve-
ment to ensure sustained high-quality performance.
Integrity: A concept of consistency of values, ac-
tions, methods, measures, principles, expectations
and outcomes
Integrity defnes who we are and how we interact with
others. We will demonstrate honesty and truthfulness
in all that we do.
Resilience: The ability to manage and learn from dif-
fculties and bounce back after adversity
We welcome challenges, see them as opportunities
and they make us stronger. We see complexity as an op-
portunity to showcase our ability. We consistently look
for solutions and never give up.
agribusiness
The agribusiness subsidiary of the Transcorp, Teragro Commodities
Limited is a full value-chain enterprise with the objective to create
value in agricultural raw materials by using technology to develop,
manufacture, distribute and market high-quality consumer goods
for all markets. Our products are designed to meet international
standards, specifcations and regulations which position them for
competitiveness within Nigerian and global markets.
Our world-class fruit juice concentrate production plant, with a
production capacity of 26,500 metric tonnes of oranges per annum
is located at the industrial layout in Makurdi, the capital of Benue
State. Ours is a story of a successful public-private partnership that
has provided opportunities for job creation for Benue State, other
local markets and has contributed to the development of the Nige-
rian economy.
Teragro plant is complete with an orange juice extraction unit,
product receiving and juice preparation units, juice concentra-
tion units, concentration and aseptic flling units, fruit nectars unit
and sterilization sections. The plant also produces pineapple and
mango concentrates, as well as mango puree. The concentrate is
produced using the utmost hygienic and professionally sound in-
ternational-standard technology.
Teragro has shaped a very aggressive growth strategy over the next
two years. A strategic expansion is planned for the design, construc-
tion, and installation of a new production plant that is estimated to
be over fve times the size of the existing facility.We are in discus-
sions with several state governments that have shown interest in
working with us for agribusiness ventures in rice, cassava, tomato,
cocoa and oil palm production.
about transcorp
our businesses
5
energy
Transcorp Energy Limited is a fully owned subsidiary of
Transnational Corporation of Nigeria Plc that is focused
on the groups business activities across the entire en-
ergy value chain. In Nigeria, the upstream oil industry
provides over 90% of its total exports and 95% of its
foreign exchange earnings.
Transcorp Energy was established in 2008 to spearhead
the groups thrust into the energy sector and to focus on
upstream petroleum exploration. We are set to explore
for and extract crude oil and natural gas and supply to
customers around the world. The Company has signed
a joint venture (JV) agreement with SacOil Holdings
Limited (SacOil) to develop OPL 281 in collaboration
with Energy Equity Resources Limited (EER). We also
led a consortium of technical and fnancial partners to
bid for the Ughelli power plant being privatised by the
federal government. The plant has an installed capacity
of 972mw. In addition, Transcorp Energy is a part of a
consortium bidding for the acquisition of a substantial
onshore and ofshore oil asset.
We aspire to become a major player in this sector and
are committed to delivering maximum value in all our
activities, consistent with the highest ethical, efciency
and health, safety and environment (HSE) standards,
both locally and internationally.
transcorp hilton hotel,
abuja
Transcorp Hilton Hotel is situated at the heart of Nige-
rias Federal Capital Territory, a 40-minute drive from
the Nnamdi Azikiwe International Airport, Abuja. The
hotels and tourism
energy
agribusiness
Transnational Corporation of Nigeria Plc
Transcorp Hilton Hotel, Abuja
Hotel is a 670-room, 4-star hotel that has the capacity to attract
business and leisure travellers from all over the world through the
provision of luxurious accommodation, dining, meeting rooms and
leisure facilities. The hotel ofers the benefts of the international-
standard guest reward program Hilton HHonors with which Points
& Miles are earned for stays at 3,700 hotels worldwide and airline
miles with over 50 airline partners.
Under Transcorps efective leadership, the Transcorp Hilton Hotel
was awarded the best Hilton Hotel in Africa, Middle East and Asia
for the year 2010. Transcorp continues to develop strategies in the
medium and long term that will consistently position the company
as a key player in the hospitality industry.
transcorp metropolitan hotel,
calabar
The 146-room Transcorp Metropolitan Hotel is a premiere desti-
nation hotel in Calabar, which is fast becoming the desirable city
for vacations and conferences in Nigeria. These factors are key in
Transcorps drive towards becoming a major player in the hospital-
ity industry.
The hotel is located in the heart of the city of Calabar and a well-
known landmark for both locals and visitors. It provides the perfect
meeting ground for business and pleasure. It also provides out-
standing conferencing facilities; fne dining, 24-hour room service,
a ftness centre, complimentary airport shuttle, Wi-Fi in the lobby
lounge, complimentary high speed LAN connection in all guest
rooms and discounts with local merchants.
TRANSCORP DIGEST www.transcorpnigeria.com
6
Government will continue to encourage organisations like Transcorp,
and I am quite pleased to commission this juice concentrate plant by
Transcorp. So let me sincerely thank and commend the Transcorp family
for what they have done. This is what we believe should be extended to
all sectors, specifcally the agro business sector because Nigeria is primar-
ily an agrarian society. I have to thank Gabriel Suswam, his government,
and the people of Benue State for maintaining the peace in this state that
is attracting the private sector to come and do what Transcorp has just
done.President Goodluck Ebele Jonathan, President and Command-
er-in-Chief of the Armed Forces of the Federal Republic of Nigeria
My visits to the Teragro plant have been impressive. I have visited the
plant and have seen truckloads of oranges and mangoes and usually
within two hours, the fruits are processed. Over 60 percent of the fruits
grown in Benue go to waste every year. Transcorp, through the Teragro
juice concentrate plant, will put this to an end and ensure that we put to
better use, some of the vast resources of our state.Governor Gabriel
Suswan, Executive Governor of Benue State
We are excited because we have been anxiously waiting for the turn-
around in the fortunes of Transcorp. When Heirs Holdings bought into
the company, we were very confdent of the management and, in partic-
ular, the Chairmans track record and his ability to transform businesses
he is involved in. He is a turnaround expert, and we can see the results al-
ready. Dr. Farouk Umar, President of the Association for the Advance-
ment of the Rights of Nigerian Shareholders (AARNS)
Transcorp led the Transcorp & Woodrock/Symbion Power/Medea/PSL/
Thomasen consortium to bid for the 972 mw capacity Ughelli Power
Plant, one of the power companies created from the unbundling of the
Power Holding Company of Nigeria (PHCN). The company emerged as
one of the companies that met the rigorous bid submission deadlines
set for the acquisition of thermal and hydro generating plants across the
country.
Transcorp and its partners bid to acquire a controlling stake in one or
more power generation and distribution companies being privatised by
the federal government. The consortium has extensive experience, total-
ling over 700 years, in power generation, in Nigeria, other developing
countries in Africa and the Middle East, and developed economies in the
US and Europe. It has proven track record across the full spectrum of the
energy industry in diverse places and under challenging conditions such
as would apply to Nigeria. Such experience ranges from fuel extraction
and supply to ownership, operation and maintenance of thermal power
plants, to engineering, procurement and construction of generation,
transmission and distribution infrastructure.
The bid evaluation team comprises ofcers from the Bureau of Public
Enterprises (BPE), Nigerian Electricity Regulatory Commission (NERC),
Economic and Financial Crimes Commission (EFCC) and the Independent
and Corrupt Practices Commission (ICPC). Following the anticipated rig-
orous bid process, the federal government had warned that the team ad-
here strictly to the privatization guidelines. The seamless and transparent
nature of the submission of bids attracted the interest of analysts and the
investing public. The deadline for the submission of technical and fnan-
cial proposals as well as a $2 million bid bond from each of the bidders
was 5pm on Tuesday, July 17, 2012.
It is expected that the National Council on Privatisation (NCP) will ap-
prove the results of the technical evaluation on September 11, 2012.
news highlights
stakeholder reactions
transcorp and others
meet bid submission
deadlines
february 2012
Transcorp partners with Symbion Power to Light Up
Africa
Transcorp and partners revise Oil Processing License
(OPL) 281 Agreement
march 2012
Transcorp commissions agribusiness division (Ter-
agro Commodities Ltd.) fruit juice concentrate plant in
Benue State
april 2012
Transcorp publishes 2011 Annual Report.
Transnational Hotels and Tourism Services Limited
(THTSL), the hospitality subsidiary of Transcorp, cel-
ebrates the 25th anniversary of Transcorp Hilton Hotel,
Abuja
Transcorp releases fnancial results for year ended De-
cember 31, 2011
Transcorp publishes its notice of 6th annual general
meeting
may 2012
Transcorp Releases Q1 2012 unaudited results and an-
nounces that comprehensive income grew by 62%
Obinna Ufudo, Transcorps President/ CEO, discusses Q1
2012 results on CNBC Africa
Hilton Worldwide and Transcorp plan to build eight
new hotels across Nigeria
Transcorp Holds 6th annual general meeting (AGM)
june 2012
Tony O. Elumelu, MFR, Transcorp Chairman discusses
the Conglomerates plans for Nigerias Performance
Management Review magazine (May 2012)
Transcorp hits N35bn market capitalisation
july 2012
Transcorp announces proft before tax of N1.1b for the
six-month period ended June 30, 2012
Transcorp and others meet bid submission deadline for
the Ughelli Power Plant privatisation
7
photo gallery
The President/CEO of Transcorp, Mr.
Obinna Ufudo, Tony O. Elumelu, MFR,
Chairman Transcorp Plc and Christopher
Ezeafulukwe, Company Secretary,
Transcorp Plc, during the 6th Annual
General Meeting of Transcorp
Kayode Aina, General Manager, Transcorp
Metropolitan Hotel and Conferencing Limited,
Steven Keshi, Coach of the Super Eagles
team, Ginika Frank-Durugbor, Brand and
Communications, Transcorp, and Nuhu Sani,
Procurement Manager, Transcorp Metropolitan
Hotel and Conferencing Limited, during the
cocktail reception in honour of the Nigerian
Super Eagles team
Steven Keshi, Super Eagles Coach, Kayode
Aina, General Manager, Transcorp
Metropolitan Hotel and Conferencing
Limited and Patrick Ugbe, Commissioner
for Youths and Sports, Cross River State,
Nigeria, during the cocktail reception in
honour of the Nigerian Super Eagles team
Joseph Yobo (m), captain of the Nigerian
Super Eagles Team and Daniel Amokachi (r),
Assistant Coach of the Nigerian Super Eagles
Team
Chibundu Edozie, Director, Transcorp, Chris
Ezeafulukwe, Company Secretary Transcorp,
Mr. Oscar Onyema, Director General ,
Nigerian Stock Exchange and Obinna Ufudo,
President/CEO, Transcorp during the bell
ringing at the Nigerian Stock Exchange
Governor Gabriel Suswam, Executive Governor
of Benue State of Nigeria, Tony O. Elumelu,
MFR, Chairman of Transcorp, His Excellency Dr.
Goodluck Ebele Jonathan, GCFR, President and
Commander in Chief of the Armed Forces of
Nigeria Senator David Mark, Senate President
of the Federal Republic of Nigeria and Jide
Adedeji, Ph.D, Chief Executive Ofcer, Teragro
Commodities Limited, during the commissioning
of the Teragro Benfruit Plant in Makurdi, Benue
State
Paul Hinks, Chief Executive Ofcer,
Symbion Power and Tony O. Elumelu,
MFR, Chairman of Transcorp
Cross section of Shareholders during the
6th Annual General Meeting of Transcorp
held at the Transcorp Hilton Hotel, Abuja
Obinna Ufudo, President/Chief Executive Of cer
of Transcorp, Rudi Jagersbacher, Area President
(Middle East and Africa) of Hilton Worldwide,
Tony O. Elumelu, MFR, Chairman of Transcorp
and Valentine Ozigbo, CEO, Transnational Hotels
and Tourism Services Limited (THTSL) Transcorp
Hospitality subsidiary
TRANSCORP DIGEST www.transcorpnigeria.com
8
Transcorp had a strong performance to kick-of the year based on
indicators such as proft and total income growth. Our second quar-
ter earnings after interest and tax was N939.9million, up 72% from
the second quarter of 2011 and total income over the same period
increased by 41% to N1.8billion versus 2011.
We believe this performance will continue through the year. So far,
the company is executing its projects and is on track to deliver dou-
ble-digit earnings growth in 2012 in both profts and total income.
Transcorp has turned the corner and is now set to ofer returns on
investment.
Mr. Obinna Ufudo, President/CEO, Transcorp
According to data by TRW stockbrokers, Transcorps share price rose
from 52 kobo to 102 kobo making its investors richer by 96.15 per-
cent.
Share price performance
The shares of Transnational Corporation of Nigeria are listed on the
Nigerian Stock Exchange (ticker symbol: TRANSCORP). The share
price closed on 14 June, 2012 at N1.42; the highest price recorded
for the period January-June 2012. The share price more than dou-
bled its price during the year, up 61% from what it was at the begin-
ning of 2012 compared with a 2.7% increase in the Nigerian Stock
Exchanges All-Share Index over the same period.
half-year highlights corporate
information
transcorps share price
gains 96.15% in may
Transnational Corporation of Nigeria Plc
38 Glover Road,(Formerly 22B)
Ikoyi, Lagos
+234-1-9033946-50
info@transcorpnigeria.com
www.transcorpnigeria.com
subsidiaries
Transnational Hotels and Tourism Services Limited
Owners of Transcorp Hilton Hotel
1 Aguiyi Ironsi Street
Maitama, Abuja
+234-9-461 3000; +234 803901 3000
info@transcorpnigeria.com
www.transcorpnigeria.com
Teragro Commodities Limited
Km 5 Naka Road
Makurdi Industrial Estate
Makurdi, Benue State
+234 7034328483
info@transcorpnigeria.com
www.trasncorpnigeria.com
Transcorp Energy Limited
38 Glover Road, (Formerly 22B)
Ikoyi, Lagos
+234-1-9033946-50
info@transcorpnigeria.com
www.transcorpnigeria.com
Transcorp Metropolitan Hotels and Tourism Ser-
vices Limited
10, Murtala Mohammed Highway
Calabar, Cross River State
+234-806-690-0009
info@transcorpmetropolitan.com.ng
www.transcorpmetropolitan.com.ng
registrar
Africa Prudential Registrars Plc
220B Ikorodu Road
Palmgrove, Lagos
Tel: 01-8931504, 01-7450427, 01-8401153
info@africaprudentialregistrars.com
www.africaprudentialregistrars.com