Specifically, the market capitalisation, which opened at N79.803 trillion, added 340 billion or 0.43 per cent to close at N80.143 trillion.
Mr Elumelu noted that capital alone was not enough, highlighting the importance of business education, mentorship, and training in building successful entrepreneurs.
The major driver of the group’s revenue during the year was its power subsidiary, Transcorp Power, which recorded a revenue of N156 billion.
However, analysis of the market activities showed trade turnover settled lower relative to the previous session.
The All-Share Index shed 0.33 per cent or 334.62 points to close at 101,707.70, compared with 102,042.32 posted on Monday.
Market capitalisation gained N1.56 trillion or 2.97 per cent to close at N53.967 trillion, compared with N52.408 trillion recorded on Monday.
Additionally, he held 273,545,722 shares through Heirs Holdings Limited and 293,983,193 shares through HH Capital Limited.
On Tuesday, the Nigerian Exchange Ltd. (NGX) witnessed a further drop in market indices by 1.2 per cent amid sustained negative investment sentiments.
Market breadth measured by market sentiment was negative as 19 stocks declined, while 12 appreciated.
Market sentiment as measured by market breadth was positive with 14 losers relative to 11 gainers.
