KEY POINTS

• Transcorp posted full-year 2025 revenue of N544.41 billion, up 33 percent year on year.
• Profit after tax surged 44 percent to N135.9 billion, its strongest performance on record.
• Transcorp Power targets 760MW average available capacity by year-end 2026.

Tony Elumelu’s Transcorp Group closed 2025 with the strongest set of numbers in its history, reporting gross revenue of N544.41 billion ($399 million) and a 44 percent surge in profit after tax to N135.9 billion, results the conglomerate’s leadership described as proof that its diversified model holds even when the operating environment pushes back.

The Transcorp Group 2025 results, unveiled Tuesday during a high-level investors’ call, show profit before tax climbing 31 percent to N179.50 billion against full-year revenue growth of 33 percent. Group CEO Owen Omogiafo told investors the performance reflected disciplined execution across a portfolio deliberately built to absorb sectoral shocks.

“We recorded significant revenue growth and sustained strong profitability, underpinned by disciplined execution and the strength of our diversified portfolio,” Omogiafo said.

Power business carries structural weight

Transcorp’s power subsidiaries, Transcorp Power and TransAfam Power, collectively account for over 20 percent of Nigeria’s installed power capacity, a position that makes the group a load-bearing fixture in the country’s energy infrastructure rather than simply a commercial participant.

The group managed gas supply disruptions and grid instability during the year by deliberately diversifying its sourcing relationships. Transcorp Power CEO Peter Ikenga described the strategy plainly: “We are consistently working with various gas producers and transporters to ensure that even when they undergo maintenance programs, we are only slightly impacted.”

The Transcorp Group 2025 results come with a forward target attached. Transcorp Power aims to hit 760MW average available capacity by the end of 2026, and Omogiafo pointed to the Grid Asset Management Company and the Electricity Act as structural policy supports that will matter for long-term sector sustainability.

Hospitality unit surpasses its own full-year benchmark

Transcorp Hotels, which owns the Transcorp Hilton Abuja and Transcorp Centre Abuja, crossed its total 2024 full-year revenue before the third quarter of 2025 had ended, a trajectory Omogiafo framed not as a ceiling but as a new floor.

“We will not rest on our oars. We remain committed to delivering a diverse and enriching experience for our guests, while sustaining and improving the strong occupancy levels we have achieved,” he said.

According to Billionaires Africa, The group enters 2026 with a combined market capitalisation of N4.87 trillion across its listed subsidiaries and a shareholder base exceeding 311,000 investors on the Nigerian Exchange. Omogiafo acknowledged commodity price risks tied to Middle East tensions while expressing confidence that declining inflation, a steadying naira, and anticipated interest rate moderation would support domestic momentum through the year.