Dr. Awele Elumelu's Transcorp Investment Falls Below $10 Million Threshold

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Jul 8, 2023
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Dr. Awele Elumelu, the accomplished health professional and wife of billionaire investor Tony Elumelu, has recently encountered a significant drop in the value of her stake in Transnational Corporation of Nigeria (Transcorp ). This decline has seen her stake fall below the $10 million mark, settling at $9.89 million. The fluctuation in value can be attributed to the sharp fall in the company's share price, which experienced a downturn from $0.00605 (N4.7) per share to $0.0048 (N3.71) at the close of trading activities on the Nigerian Exchange on Monday, July 17, 2023.
Read More:https://www.investingport.com/dr-aw...-investment-falls-below-10-million-threshold/