Transcorp Power Repays $300m Loan as Shareholders Approve N37.5bn Dividend

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•To boost power generation to 775megawatts


James Emejo in Abuja


The Chairman, Transcorp Power, Mr. Emmanuel Nnorom, yesterday disclosed that the company has fully repaid the $300 million credit facility it accessed in 2012 to boost its operations, alluding to the firm’s credit worthiness in the financial sector.

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