The major driver of the group’s revenue during the year was its power subsidiary, Transcorp Power, which recorded a revenue of N156 billion.
NGX CEO said this in an interview on Thursday in Lagos.
The overall market capitalisation value lost N418 billion to close at N27.850 trillion from N28.267 trillion.
Additionally, he held 273,545,722 shares through Heirs Holdings Limited and 293,983,193 shares through HH Capital Limited.
The positive market performance could be attributed to investors’ increased buy-interest in all major sectors.
