Nascent Nigeria? by ProQuest


A Nigeria-born nationalized American, Transnational Corp (Transcorp) of Nigeria Plc CEO Tom Iseghohi's CV includes impressive tenures at the likes of American Express, Pepsi-Cola Co and Ford Motor Co. Transcorp came to Iseghohi's attention while he was consulting for the Nigerian Stock Exchange. While revenues on its holdings exceed $1 billion, at press time Transcorp was operating at a loss -- a situation its CEO has pledged to speedily remedy. In the long term, however, Iseghohi knows that Transcorp's prospects with businesses and investors are, to a large extent, tied to broader recognition of the potential of Nigeria as a whole.

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