Banking tycoon Tony Elumelu gains nearly $2.8 million from stake in UBA
Elumelu has recently shown interest in Caribbean markets as part of a strategic drive to foster wealth creation through partnership.
Tony Elumelu
Nigerian businessman Tony Elumelu’s oil firm submits offer to acquire Shell’s JV assets in Nigeria
With the recent bid, the Elumelu-backed oil firm is set to compete with key players in Nigeria’s oil and gas industry.
Nigerian banking tycoon Tony Elumelu eyes new investments in Caribbean markets
Elumelu is the founder of one of Nigeria’s largest financial services groups, United Bank for Africa.
Nigerian businessman Tony Elumelu’s Heirs Holdings set to begin work on oilfield
Heirs Holdings is a family-owned investment holding company founded by Nigerian businessman Tony Elumelu in 2010.
Nigerian tycoon Tony Elumelu opens portal for 2022 entrepreneurship program
The portal for this year’s application is active and interested applicants are urged to apply.
Nigerian billionaire Tony Elumelu loses more than $4 million in 36 days
UBA is a leading Nigerian financial group with operations in 20 African countries, as well as the UK, United States and France.
Nigerian banking tycoon Tony Elumelu supports 4,949 Africans with $24.75 million in 2021
The entrepreneurs were selected from a pool of more than 400,000 applicants in 54 African countries.
Tony Elumelu’s United Bank for Africa reports $254.4 million in profit for 9M 2021
UBA is a Nigerian financial services group with operations in 20 African countries, the UK, the United States and France.
Nigerian Export Promotion Council teams up with Tony Elumelu to support local entrepreneurs
Their joint initiative will aim to support small and medium enterprises in the non-oil sector in Nigeria.
Nigerian banking tycoon Tony Elumelu to earn $1.16 million in interim dividends from UBA
The dividend will be paid from the bank’s profit for the first half of 2021.
Tony Elumelu’s UBA posts $147.3-million mid-year profit, 36-percent higher than last year
The double-digit growth in profits can be attributed to UBA’s higher interest and non-interest income.
Tony Elumelu’s Transcorp suffers $8.9-million loss in four days as shares tumble from high
The loss came off the back of a sell-off in the company’s shares.
Philanthropist and banker Tony Elumelu launches Aura hospitality app on Nigerian market
The launch took place in Abuja on July 8 with national dignitaries in attendance.
Tony Elumelu’s stake in Transcorp Plc gains $224,993 in 93 days
Elumelu is the chairman of Heirs Holdings, the United Bank for Africa and Transcorp.
Tycoon philanthropist Tony Elumelu looks to build Nigeria’s first nuclear power plants
The move aligns with the plans of his company, Transcorp, to boost its integrated energy strategy.
Nigerian multimillionaire Tony Elumelu dives into insurance business
Heirs Insurance and Heirs Life Assurance are the newest subsidiaries of his holding company.