Nigerian tycoon Tony Elumelu’s Transcorp records 9M revenue exceeding $150 million
Elumelu, through his investment firm HH Capital, holds a 29.5-percent stake in Transcorp, or 11,990,957,350 ordinary shares.
Elumelu, through his investment firm HH Capital, holds a 29.5-percent stake in Transcorp, or 11,990,957,350 ordinary shares.
Otedola now holds a 5.52-percent stake in Transcorp, making him one of the conglomerate’s top shareholders.
The loss came off the back of a sell-off in the company’s shares.