Tag
TONY ELUMELU
Ahead of the inaugural West Africa Integration and Investment Summit, Co-chairs Sierra Leone’s President Bio and Elumelu, convene...
Tony Elumelu gained an estimated N684.59 billion in the third quarter of 2026 from the appreciation in the market value of his holdings in Seplat Energy, United Bank for Africa (UBA) and Transnational Corporation Plc, as a sharp rally in Seplat reshaped the value of the Nigerian billionaire's listed investment portfolio.
Nigerian billionaire Tony Elumelu has acquired an additional 6 million shares in Seplat Energy Plc through Heirs Energies Limited, taking the combined stake held by entities he controls to 21.07%.
Billionaire investor Tony Elumelu, Chairman of United Bank for Africa (UBA), will get paid a combined dividend of N1.68 billion following the bank’s interim payout of 25 kobo per share for the first half of 2025.
Tony Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA), has confirmed that employees of Heirs Holdings were among those who lost their lives in Tuesday’s fire outbreak at Afriland Towers on Lagos Island.
Nigeria’s equities market ended August on a cautious note, holding onto a slim 0.31% gain despite heavy selloffs that erased much of the month’s earlier advance.
Billionaire entrepreneur and Chairman of United Bank for Africa (UBA), Tony Elumelu, has revealed some lessons learnt from his appointment as...
Tony Elumelu, Chairman of Heirs Holdings, has announced a N25 billion commitment to support the Produce for Lagos...
Nigeria’s luxury hospitality market is growing steadily and quietly with strong investor confidence, regional business travel, and a growing appetite for premium experiences among Africa’s elite.
Heirs Holdings Limited, the investment company chaired by billionaire Tony Elumelu, has increased its stake in United Bank for Africa Plc (UBA) with the purchase of 45,034,044 shares valued at approximately N1.54 billion.
The harsh lessons of the last five years have since spurred African institutions to step up impressively; lending urgency to the implementation of the AfCFTA; birthing the African Pharmaceutical Technology Foundation to build the continent’s capacity to produce medicines and vaccines; and propelling UBA Group into a landmark $6 billion agreement with the African Continental Free Trade Area (AfCFTA), for financing SMEs across the continent.
By Bamidele Johnson, A Lagos-based public Commentator Tony Elumelu has managed to make entrepreneurship feel like a comic book...