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.
Tony Elumelu
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.
Tony Elumelu Foundation partners with Stanford University to produce research on the mindset of African entrepreneurs
The research revealed that pertinent cultural factors influence women’s entrepreneurial journeys in the region.
United Bank for Africa did not fund OML-17 acquisition: Nigerian mogul Tony Elumelu
The businessman and philanthropist addressed the subject during an interview with Arise TV.
Tony Elumelu’s Transcorp injects $120 million into hotel rehabilitation
After 30 years as Nigeria’s leading hospitality outfit, Transcorp Hotels is injecting more than $120 million into rehabilitating its five-star hotels.
Nigerian Billionaire Tony Elumelu set to pocket $3.3 million in dividends from United Bank of Africa
UBA Chairman Tony Elumelu set to earn $3.3 million from his shares in the bank.