Company profileTrans-Nationwide Express Plc, a logistics company, provides express delivery, haulage, freight, and other ancillary transportation and storage services in Nigeria. The company offers logistics services; sea and air freight; storage facilities at its warehouses; e-commerce/order fulfillment services for online procurement; transportation of sensitive medical and pharmaceutical shipments; haulage and transportation services; and packaging, labelling, and removal solutions for corporate and personal needs. It also provides mailroom management services and courier services. The company was formerly known as TNT Skypak Nigeria Limited and changed its name to Trans-Nationwide Express Plc in 1992. Trans-Nationwide Express Plc was incorporated in 1984 and is headquartered in Lagos, Nigeria.
Trans-Express Nigeria Plc (TRANSEXPR) is listed on NGX in the SERVICES sector, with exposure to Arrangement of Transportation of Freight and Cargo. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
Why this stock may reactDirect company signals
broad_market_bargain_hunting
TRANSEXPR may benefit from broad_market_bargain_hunting. Confidence 80%.
TRANSEXPR gained 10% amid the market rally and bargain hunting noted as a driver.
Sector spillover signals
digital payments
TRANSEXPR may also move because the SERVICES sector may benefit from digital payments. Confidence 67%.
MTN's MoMo PSB provides payments services across Africa, indicating positive activity for the payments segment of financial services.
