Transnational Corporation Plc (Nigeria)

Transcorp was incorporated on November 16, 2004. The Company is a private sector response to the economic reform initiative of the federal government of Nigeria. These initiatives have placed the private sector in the driving seat of the national development process. With its structure and size, Transcorp's operation ensures that Nigeria effectively participates in the world economy. Transcorp successfully raised a first-of-its-kind startup capital of N6billion and its arrival on the Nigerian business landscape was met with controversy and mixed reactions from the Nigerian public. Transcorp is committed to being actively engaged in those sectors of the national economy that will stimulate growth and build a viable business enterprise that will be the pride of its shareholders. Transcorp serves as the vehicle that will mobilize capital on a large scale while investing locally on major projects. Transcorp's business model has been based primarily on quick growth, using its strategic advantages to mobilize capital on a large scale. Transcorp's strategy is focused on investing locally in some major capital-intensive projects. This position established Transcorp as a bold attempt at nation building from the private sector perspective. It includes Energy, Hospitality, Agro-Business, International Trade and Real Estate/Facilities Management.