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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Business