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…
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila has urged Christians to use the Christmas period to pray for a successful 2023 elections. In a statement on Saturday, Gbajabiamila who rejoiced with the Christians, urged sober reflection and…
…Oilserv, Nestoil CEOs bag national honours The Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi Ojaja II (Ooni of Ife)- , Group Managing Director ( GMD) Access Bank Plc Dr Herbert Wigwe, Chairman United Bank for Africa (…
Chairman, Heirs Holdings, Mr Tony Elumelu and other Information and Communication Technology (ICT) stakeholders on Wednesday called for the scaling up of Nigeria’s digital infrastructure. Elumelu, represented by Mr Peter Ashade, Group Chief Executive Officer, United Capital Plc, gave the…
…Shareholders laud UBA’s dividend yield, subsidiary performance Africa’s Global Bank, United Bank for Africa (UBA) Plc, has assured shareholders and investors of its unwavering commitment to sustain its current growth trajectory even as its efforts at business diversification across Africa…
The Chairman, Transcorp Group, Tony Elumelu in an interview on AriseTV has said, the country needs between 5000 Mega Watts (MW) and 100,000MW in order to stabilise the economy. According to Elumelu, “Nigeria needs about 100,000 MW to power the economy. It…
In a move to attract foreign investment, the Chairman of United Bank for Africa Plc (UBA), Mr. Tony Elumelu has expressed that ease of doing business is essential in Nigeria. Nigerian NewsDirect brings extracts of the interview the Nigerian economist,…
The Chairman of the United Bank of Africa (UBA), Mr. Tony Elumelu, has stressed the need to unlock the potential of youths in Africa, in order to catalyse the socio-economic development of the continent. According to Elumelu, youth restiveness remains…
