• FY 2025 revenue nears ₦100 billion

Transcorp Hotels, the hospitality subsidiary of Transnational Corporation Plc, has declared a total dividend of ₦13.32 billion, representing ₦1.30 per share, at its 12th Annual General Meeting, which was held at the prestigious Transcorp Hilton Abuja.

The total dividend consists of an interim dividend payment of ₦1.02 billion, equivalent to 10 kobo per share, which was paid in August 2025, together with a final dividend of ₦12.29 billion, representing ₦1.20 per share. At the meeting, shareholders applauded the record performance of the company across all parameters, with the 5,000-capacity multipurpose events centre receiving high accolades.

They approved the Audited Financial Statements for the year ended December 31, 2025, reporting a record revenue of ₦97.04 billion—representing a 38% year-on-year increase and a 47% rise in Profit After Tax to ₦21.85 billion.

Board chair’s statement Dr Awele V. Elumelu, OFR, Transcorp Hotels Plc “In 2025, Transcorp Hotels Plc delivered a strong year-on-year performance across all key financial indicators. Revenue increased by 38%, rising from ₦70 billion to ₦97 billion, while Profit Before Tax grew by 45%, from ₦22.6 billion to ₦32.8 billion. The Board remains committed to sustainable value creation and enhanced shareholder returns.

Accordingly, we approved a dividend payout representing a 76% year-on-year increase. With a positive outlook, disciplined governance, and an unwavering focus on excellence, the Company is well-positioned to consolidate its leadership and continue delivering long-term value to its shareholders and stakeholders.”

Managing director/CEO’s statement Uzoamaka Oshogwe, Transcorp Hotels Plc “At Transcorp Hotels, we are intentional and relentless in driving revenue growth by investing in opportunities that offer multiple avenues for capital appreciation, while placing strong emphasis on our people, technology, and brand relevance as the foundations for long-term sustainability.

Looking ahead, we will continue to deepen the integration of sustainability and ESG principles across our operations, with particular focus on energy efficiency, community impact, and governance excellence. Through strategic partnerships and differentiated experiences, we will keep our offerings fresh, culturally relevant, and demand-led, while unlocking new and diversified revenue streams to support sustainable growth.”