• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

Tony Elumelu reacts to the latest xenophobic attack in South Africa

Emmanuel Abara Benson by Emmanuel Abara Benson
September 4, 2019
in Business News, Politics
Africa and Climate Change

Tony Elumelu, Group Chairman, UBA

Share on FacebookShare on TwitterShare on Linkedin

Nigerian billionaire and Chairman of United Bank of Africa, Tony Elumelu, has spoken against the latest wave of xenophobic attacks in South Africa. Writing on Instagram earlier today, the businessman and philanthropist strongly denounced the attacks and called for the unity of Africa. 

According to him, it was appalling to read about and watch videos of the senseless violence which he described as barbaric, despicable, and pure madness. He then called out South Africans for the violence, stressing that killing foreigners whilst “looting and destroying their means of livelihood is evil and un-African and it dehumanizes us all.” 

Elumelu went further to clarify that Africans are not each other’s problem. Instead, Africa’s common enemy is poverty and in view of this, Africans must desist from fighting each other and focus on collectively fighting the extreme poverty ravaging the continent. 

MoreStories

EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says

EFCC arraigns Otobor Onajefe for alleged N37.4 million fraud 

February 9, 2026
Corporate Affairs Commission (CAC) headquarters building in Nigeria

CAC records 10,000 business registrations daily  

February 9, 2026

[READ ALSO: Nigeria’s Innovate 1 Pay expands into Dubai’s tech market]

He also reiterated his belief in Africa and Africans, explaining that this belief has been the underlining factor in every business decision he has ever made, including the decision to empower African entrepreneurs through his Tony Elumelu Foundation.  

“Let’s not lose sight of our shared destiny. It is only together we can face our common enemy – poverty. We need to stop attacking each other but rather embrace one and work together to uplift our content and be our brother’s and sister’s protectors wherever we may find ourselves. This is the only way to our economic liberation and prosperity. We must say no to barbarism and savagery.” 

The Backstory: Elumelu’s reaction is coming days after a fresh wave of xenophobic attacks rocked some South African cities, leaving scores either dead or injured and many foreign-owned shops looted and torched. Meanwhile, last night, there were reported incidents of reprisal attacks on some South African companies in Nigeria. Companies like MTN Nigeria, Shoprite, and DSTV have remained targets.  

[READ ALSO: Billionaire Watch: Dangote fulfils $50,000 pledge to Super Eagles for AFCON heroic]


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: The Tony Elumelu Foundation.Tony ElumeluXenophobia in South Africa
Emmanuel Abara Benson

Emmanuel Abara Benson

Emmanuel Abara Benson is an experienced business reporter and editor. He currently edits articles at Nairametrics. Reach him via email on Emmanuel.abara@nairametrics.com and follow him on Twitter @Mr_Abara for his personal opinions.

Next Post
MPR, CBN, GTBank, CBN disagrees with IMF, says land border closure boosting local production, Border closure: Emefiele says Benin, others must engage Nigeria before borders are reopened , bvn 2.0, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019

Microsoft, PwC call for policy framework in financial sector 

Comments 1

  1. Mr Makinde says:
    September 4, 2019 at 6:15 pm

    This is according when you are reporting this one, something that happened since morning.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

access bank
nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics