By Matthew Denis Tony Elumelu, Chairman of United Bank for Africa (UBA) Group has stressed that Nigerians must work together to achieve economic growth desired for the country. Elumelu stated this while delivering his keynote address at the 17th Annual…
As part of the drive to eradicate malaria in Nigeria, the Federal Government has enlisted the support of prominent business leaders. The government said Aliko Dangote, Chairman of Dangote Group, Tony Elumelu, Chairman of Heirs Holdings, and Femi Otedola, Chairman…
…decries 7,560bpd loss to oil theives Chairman of Heirs Holdings and UBA Group Plc, Mr Tony Elumelu has disclosed how Former President Muhammadu Buhari and his late Chief of Staff, Abba Kyari hindered him from purchasing a $2.5bn oilfield. Elumelu…
President Bola Tinubu had a “crucial” meeting with some members of the organised private sector on Sunday. The meeting is held at the Presidential Villa in Abuja. Those in the meeting include Alhaji Aliko Dangote, President, Dangote Groups; Tony Elumelu,…
…As FG moves to present bill to end Ways and Means The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari and Chairman of Heirs Holdings, Mr Tony Elumelu have tapped electricity generation…
The MD/CEO of Transcorp Power, Christopher Ezeafulukwe has assumed the leadership position at troubled utility, Abuja Electricity Distribution Company (AEDC). This followed the resignation of its former Managing Director, Adeoye Fadeyibi and this signifies Transcorp’s push at consolidation. Christopher Ezeafulukwe was…
By Sodiq Adelakun Nigerian businessman Femi Otedola has described his interest in the Transnational Corporation of Nigeria (Transcorp) as one driven by the need to unlock the company’s full potential and create value for shareholders. Otedola made this clarification in…
The Chairman of United Bank for Africa (UBA) Plc, Tony Elumelu has purchased more shares worth N4.48billion to increase his ownership stake in the lender. The development comes amid claim by billionaire businessman, Femi Otedola, that Elumelu had sold his…
Popular Nigerian billionaire Femi Otedola has sold his 6.3% stake in Transnational Corporation Plc (Transcorp) to its chairman, Tony Elumelu. The group chairman of Transcorp, Elumelu, purchased Otedola’s shares on Thursday using Transcorp’s closing price at an options contract due…
…As Osoba, Oyetola, Omisore bag ‘Hero of Democracy’ award The Ogun State Governor, Prince Dapo Abiodun, Chairman of United Bank for Africa, Tony Elumelu and the Speaker of Osun State, Timothy Owoeye have joined 12 others to celebrate Nigerian NewsDirect…
