Transcorp Power Plc (“Transcorp Power” or the “Company”), (NGX: TRANSPOWER), one of the power subsidiaries of Africa’s leading listed conglomerate, Transnational Corporation Plc (“Transcorp Group”), has announced a ₦41,250,000 total dividend to its shareholders at the 13th Annual General Meeting held at the Congress Hall, Transcorp Hilton Abuja.
The total dividend consists of an interim dividend payment of ₦11billion, representing ₦1.50 kobo per share, which was paid in August 2025, together with a final dividend of ₦30 billion, equivalent toN4.00 per share.
At the AGM, shareholders approved the Audited Financial Statements for the year ended December 31, 2025. The GENCO in its audited financial results for the year ended December 31, 2025, recorded a revenue of ₦398.27 billion for the period from ₦305.94 billion in FY 2024, indicating robust growth.
Board Chair’s Statement Mr. Emmanuel Nnorom, Chairman, Transcorp Power Plc
“We remain dedicated to improving lives and transforming Africa, ensuring operational excellence and making strategic investments that deliver sustainable, long-term value to our shareholders, while also powering Nigeria’s socioeconomic development.”
“Our revenue growth in 2025 was underpinned by a deliberate capacity expansion strategy. The commissioning of GT20 added 100MW to our output, lifting our average available capacity from 417MW to 550M, a milestone that meaningfully strengthened our generation profile. We reduced our loan obligations by approximately ₦7 billion during the year, which directly enhanced our bottom line and reinforces our commitment to a stronger, leaner financial position.”
MD/CEO’s Statement Peter Ikenga, MD/ CEO, Transcorp Power Plc
“The FY 2025 results reflect our steadfast commitment to operational excellence, sustainable growth, strategic market expansion and enhanced generation capacity, which continue to fuel significant revenue growth. Notwithstanding the network transmission line issues, our FY 2025 performance remained strong and reflects our steadfast commitment to operational excellence and sustainable growth.
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