Transnational Corporation of Nigeria (Transcorp) was on the
list of Africa’s top 500 companies recently released by The Africa
Report (February 2017 issue), a leading news magazine publication owned by
Paris-based media group, Jeune Afrique.
The list is compiled annually with each company
listed assessed based on total turnover as well as net profits. Despite
the recent economic challenges in the country, Transcorp has continued to
focus on improving lives and transforming Nigeria as they join the list of
Africa’s stellar performers.
According to Transcorp Plc. President/CEO, Emmanuel
Nnorom, the recognition is most welcomed and has become proof
that it is possible to be financially profitable when you focus on the best
interest of the country and the people. Nnorom also noted that Transcorp
has been recognized as one of Africa’s top 500 companies despite the fact that
its investments are currently situated in Nigeria only.
A handful of notable Nigerian companies also appeared
on this year’s list of Africa’s best including Dangote, and Nigeria Breweries.
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