- Nigerian billionaire Tony Elumelu and his wife Awele have recorded an increase in their wealth
- Awele’s investment in Transcorp increased by N4 billion in just one week, while Tony made over N26 billion
- Transcorp Group is one of Nigeria’s leading conglomerates with investments in the Hospitality, Power, and Oil & Gas sectors
Dr Awele Elumelu wealth has increased by N4.62 billion in just seven days, data obtained from the Nigerian exchange shows.
This is thanks to the strong performance of Transnational Corporation of Nigeria (Transcorp), in which she holds a commanding stake of 5.1%, comprising 2,070,794,804 shares.
