The equities market opened the week lower on Monday, as market capitalisation fell by N1.173 trillion or 1.26 per cent.
Mr Adesina noted that the debt reduction plan signalled a strategic reset of Nigeria’s electricity market.
The Nigerian Exchange Ltd. (NGX) saw its market capitalisation fall to ₦72.497 trillion from ₦72.680 trillion recorded on Monday.
The major driver of the group’s revenue during the year was its power subsidiary, Transcorp Power, which recorded a revenue of N156 billion.
Investors gained N193 trillion or 0.35 per cent, making the market capitalisation, which opened at N55.890 trillion, to close at N56.083 trillion.
Additionally, he held 273,545,722 shares through Heirs Holdings Limited and 293,983,193 shares through HH Capital Limited.
