Transnational Corporation Plc (Transcorp), a listed conglomerate in Nigeria, recorded a 91 percent increase in its profit last year, according to a statement by the company.
The group’s after-tax profit rose to N32.6 billion from N17.1 billion in 2022. Its profit before tax also surged by 93.5
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
