Tony Elumelu Foundation Empowers 20,000 African Startups with $5,000 Seed Capital

The Tony Elumelu Foundation, in collaboration with Heirs Holdings, has awarded $5,000 in seed funding to young African entrepreneurs, aiming ...

Elumelu to co-chair New Africa Summit of Saudi Arabia’s future investment initiative

by Harry Choms

October 27, 2024

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Tony Elumelu, chairman of Heirs Holdings and United Bank for Africa (UBA), will co-chair the New Africa Summit at the ...

Tony Elumelu Unveils Ucee Microfinance Bank

by Harry Choms

August 20, 2024

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Tony Elumelu, Chairman of the United Bank for Africa (UBA), has launched Ucee Microfinance Bank (MFB), a new subsidiary under ...

Tinubu Meets with Banking Leaders to Discuss New Windfall Tax

by Ikenna Ngere

August 1, 2024

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President Bola Ahmed Tinubu recently held a private meeting with leaders from Nigeria’s commercial banking sector at the State House ...

Elumelu Optimistic as Transcorp Group’s Revenue Soars by 114% in First Half of 2024

by Ikenna Ngere

July 27, 2024

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Tony Elumelu, the Board Chairman of Transnational Corporation Plc, expressed optimism on Friday following the release of the company's unaudited ...

Elumelu Advocates for Full Privatisation of Nigeria’s Power Sector

by Harry Choms

May 28, 2024

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Tony Elumelu, Chairman of Transnational Corporation (Transcorp) Plc., has called for the complete privatisation of Nigeria's power sector to enhance ...

I will reinvest 100% of my dividends in right issues – Tony Elumelu tells UBA shareholders

by Harry Choms

May 25, 2024

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During its Annual General Meeting, Tony Elumelu, chairman of UBA, encouraged shareholders to reinvest their dividends in the bank's forthcoming ...

Dangote, Elumelu, Rabiu, and Others Join Tinubu’s Economic Team

by Harry Choms

March 28, 2024

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President Bola Tinubu has greenlit establishing the Presidential Economic Coordination Council (PECC) and the Economic Management Team Emergency Taskforce (EET) ...