Not compliant
Trans-Nationwide Express does not pass Shariah screening under the AAOIFI Standard.
NGX: TRANSEXPR · Services / Logistics · Screened 16 Aug 2026 · H1 2026 accounts
Trans-Nationwide Express Plc, which trades as Tranex, is a Lagos-headquartered logistics company listed on the Nigerian Exchange. It provides courier services, freight forwarding, warehousing, haulage and mailroom management across Nigeria. The company was originally incorporated as TNT Skypak Nigeria Limited in 1984 and became Trans-Nationwide Express Plc in 1992. It operates from its Lagos headquarters with 38 branches nationwide covering major cities and regions. For the year ended 31 December 2025 gross earnings fell 26% to N224.2 million from N301.9 million, with a loss after taxation of N176.7 million against a loss of N97.9 million in 2024. The company reduced capital expenditure by 88% and cut its workforce by 20% to 66 employees as part of cost management measures.
Courier and delivery, freight forwarding, warehousing, haulage and mailroom management. FY2025 gross earnings N224.2 million.
No. As of 16 August 2026, Trans-Nationwide Express (TRANSEXPR) does not pass Shariah screening under the AAOIFI Standard.
Qistal re-screens every NGX ticker when new audited or interim accounts are filed. This page always shows the date of the most recent screen.
Yes. Compliance drifts as a company borrows, raises cash, or changes its business mix, so a verdict describes a moment rather than a permanent status.