Nigerian businessman Tony Elumelu and wife acquire 23 million new shares in UBA
The move by Elumelu and his wife is viewed as a vote of confidence in UBA’s financial performance.
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The move by Elumelu and his wife is viewed as a vote of confidence in UBA’s financial performance.
Elumelu, who owns a 7.39-percent stake in UBA, equivalent to 2,527,372,285 ordinary shares, ranks as one of the wealthiest investors on the Nigerian Exchange.
Ripple effect: UBA’s double-digit share surge impacts Nigerian businessman Tony Elumelu’s fortune.
Elumelu owns a 7.39-percent stake in UBA, equivalent to 2,527,372,285 ordinary shares in the leading lender.
Elumelu owns a 7.39-percent stake in UBA, equivalent to 2,527,372,285 ordinary shares in the leading lender.
Elumelu, with his 7.17-percent stake in UBA, equivalent to 2,450,603,739 ordinary shares, ranks as one of the wealthiest individuals in the country.
United Bank for Africa Plc, the pan-African financial services group led by Nigerian tycoon Tony Elumelu, has unveiled a $6-billion initiative.
UBA, under the astute guidance of Elumelu, recorded a 437.8-percent surge in its profits in the first half of 2023.
Elumelu, with a 7.17-percent stake in UBA, or 2,450,603,739 ordinary shares, ranks as one of the richest investors on the Nigerian Exchange.
Elumelu currently holds a 7.17-percent stake in UBA, or 2,450,603,739 ordinary shares.
Elumelu, a widely respected business executive on the continent, holds a significant 6.9-percent stake in UBA.
Elumelu owns a significant 6.9-percent stake in UBA.
Elumelu is the founder of the Tony Elumelu Foundation and chairman of the United Bank for Africa.
Elumelu owns a significant 6.9-percent stake in UBA.
He emphasized the importance of not only personal success but also giving back to the community.
Elumelu owns a sizable 6.39-percent stake in the financial services group.