₦airaland Forum

Harddiskng:
Her Father and her Mother should be charged with her, they knew it was proceed of crime or how did their dull e-diot daughter come into hundred of million of Naira.

Father, Mother & Daughter should be sent off to prison as a team.

Just look at the anorexic fugly thing, meeting someone who could change her entire life, her stupid slow brain couldn’t even process the right move to make with the good hearted man

Righteousness2:
Hmmmm, lots of crazy things going on in the world,
Nuclear threats here and there,
Unusual large Earthquakes all over the places,
Imminent WW3, Israel on the brink of War,
Absurd wokeness,
Impending Financial world economic crisis,
On going pestilences.

Ladies and Gentlemen, the HOLY BIBLE endtimes prophecies is playing live before us .

Listen!!
THE CHURCH IS ABOUT TO ASCEND INTO HEAVEN VIA THE RAPTURE AND THIS WORLD IS ABOUT TO DESCEND INTO CHAOTIC HELL VIA THE TRIBULATION!!!!!

Get ready for Eternity! Live in the Conciousness of eternity.
The coming of JESUS Christ is upon us.
Take your relationship with JESUS CHRIST very serious.

Tntsi:
What about your man tinubu. You don't envy him in the helicopter?

Hafeez5000:
You pointed out the problem but you did provide the solution.do you have any ideas on how we can add value?

Hafeez5000:
Why? If you don't have a valid reason why we will fail you are a hater

Drone17:
New evidences to buttress ones petition can be introduced in the second rebuttal.

What cannot be added are the prayers to the court.

For example, if LP said the elections should be canceled. That's a prayer to the court. The evidences can be several such as it was rigged, the candidates were not qualified, double nomination, dual citizenship etc.

Drone17:
They can include new evidences as long as the Tribunal is still in session. They haven't even started hearing and you are saying no new evidences?

Are you a lawyer?

Mabizeka:
Says a Gaybriel who loves man's yansh.

GreyLaw:
You are a pathological liar. You hate everything Igbo with your entire being. You are not in Obi's heart. He said and did the right things and he was an excellent governor. But here you are voting for a thief and violent man. Afterall you supported Buhari for 8 years and now supported and ailing man for the sake of tribal affiliations.

Mabizeka:
Gaybriel.

post=122598787:
He is not

post=122598660:
Not UBA bank, UBA nominees by Elumelu family control 9.25% of Trascorp also Elumelu own shares through Heirs holding

post=122598340:
Otedola is second largest shareholder after Tony Elumelu who through UBA control 9.3 shares, Tony Elumelu through Hair holding control 3.5 shares in Transcorp

deepwater:
Sorry that is not cabin pressure!

What u are experiencing on the flight is change in altitude, The air pressure outside of your body changes as altitude changes. This creates a difference in pressure on the two sides of the eardrum. This process is a complete phenomenon from cabin pressure.

Before u quote kindly ensure to be properly educated on the subject matters you would chose to discuss. Not everything is APC PDP LP

drealcivilceno:
Hahaha, Really?

Omo! So with Osibanjo and Fashola, they can't go to battle over our common wealth!

😂😂😂

How you guys sleep?

blueghost:
This man is just a caricature how did he manage to be a lawyer in the first place.
When you put nepotism ahead of brilliance that's what you get

With 5.5% Stake, Femi Otedola Emerges Transcorp’s Largest Individual Shareholder

Billionaire businessman, Mr. Femi Otedola has emerged largest single individual shareholder in Transnational Corporation Plc (Transcorp), a publicly traded diversified conglomerate chaired by Mr. Tony Elumelu.

A top stockbroker at the Nigerian Exchange Group (NGX), disclosed to THISDAY that the billionaire now owns about 2.245 billion shares, representing 5.52per cent of the company.

According to the audited result and accounts for period ended December 31, 2022, Elumelu, who is the chairman of Transcrop Corporation owned 273,104,041 issued share capital in the diversified conglomerate.

He also held 293,983,193 shares indirectly through HH Capital Limited and 273,545,722 shares are held indirectly through Heirs Holdings Limited.

Dr. Stanley Lawson, a Non-Executive Director of Transcrop Corporation owned 122,790,102 direct issued share capital, while Mrs. Owen Omogiafo, the President had 12,634,188 interest in the diversified conglomerate.

The only other shareholder with over five per cent ownership of the company is UBA Nominees which owns about 9.25per cent of the company as of 2022 from 9.26 per cent reported in 2021.

“As at December 31, 2022, only UBA Nominees Limited-Trading, held five per cent or more of the issued and fully paid shares of 50 kobo of the Company,” according to the 2022 audited result and accounts posted on the NGX.

No other shareholder held above five per cent according to records. The company also has about 39.65 billion out of its 40.65 billion outstanding shares on a free float. In fact, 1,695 people own about 89per cent of the company’s shares.

Transcorp is currently controlled by billionaire investor, Elumelu who took over control of the company in 2012. Since then the company has gone on to acquire a power generation company and branched into the oil and gas sectors of the economy.

Femi Otedola also acquired significant control of FBN Holdings early last year when he announced he had acquired shareholdings above the five per cent threshold.

That also immediately triggered a bidding war for the stock. However, unlike FBN Holdings, Transcorp has a single majority shareholder with control of the company.

Otedola also owns close to 90per cent stake in Geregu Power Plc which it listed on the Exchange last year. It is unclear if the latest acquisition is aimed at doubling down his investment in the power sector.

Transnational Corporation released its financial results for the full year ended December 31, 2022, with N134.7billion revenue, an increase of 21 per cent from N111.2billion reported in 2021.

The group reported N30.3billion profit before tax in 2022, representing an increase of eight per cent from N27.9billion in 2021. 

The Board of Directors of Transcrop Corporation had approved the payment of N2.03billion dividend  (2021:N812.96million), being 5 kobo per share on the outstanding ordinary shares of 40,647,990,293 shares of 50 kobo each for the year ended December 31, 2022.

BigIyanga:
Just like your teacher didnt teach you that ‘h’ is not silent in hidden, house, hotel.. you write in English saying .. an hotel, an hidden, an house.
Your teachers and elders failed to teach you thar it is tribalism when you have ONLY voted for your kinsmen on the ballot as presidential or vp candidates of any major parties in the last 30yrs.. MKO-BAT. Why do bigoted tribalists like u think that it’s OK to only vote for your people??