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Dangote Refinery prepared to compete amid regulatory fairness

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Tag: Tony Elumelu

News

Elumelu Foundation supports 20,000 African entrepreneurs with $5,000

Heirs Holdings and the Tony Elumelu Foundation have announced a provision of $5,000 in seed capital to young African entrepreneurs, aimed at stimulating economic growth across the continent. This initiative was revealed during the Future Investment Initiative, New Africa Summit in Saudi Arabia, where the Chairman of Heirs Holdings and Founder of the foundation, Tony […]

News

Tony Elumelu Urges FG to establish special courts for energy thieves

Tony Elumelu, Chairman of the Board of Directors at Transcorp Group, has called on the Federal Government to establish special courts dedicated to prosecuting energy thieves in Nigeria. Elumelu made this appeal during the 18th Annual General Meeting of Transcorp Group held in Abuja on Monday, emphasizing the urgent need for stringent measures to combat […]

Why I established $3.5m green entrepreneurship program - Elumelu
Opinion

Elumelu calls for privatization of electricity transmission lines

Melvin Onwubuke   Nigerian business tycoon, Tony Elumelu, has asked the federal government to privatize the transmission lines to enhance electricity supply and promote economic growth in the country.   Elumelu said in an interview with Bloomberg on Wednesday that the restructuring of the electricity sector is crucial for the recovery of the economy, and […]

Tony Elumelu to give speech at ECOWAS forum
News

Tony Elumelu to give speech at ECOWAS forum

It has been scheduled that the Chairman of United Bank for Africa, Tony Elumelu, will give the keynote lecture at the fourth ECOWAS Mining and Petroleum Forum in Cotonou, Benin Republic. According to The Punch, ECOWAS is offering a forum for participants in the ECOWAS mining and petroleum sectors, and is scheduled to take place […]

Tony Elumelu to give speech at ECOWAS forum
News

Why Africa must play key role in climate advocacy – Elumelu

The Founder, The Tony Elumelu Foundation and Group. Chairman, United Bank of Africa, Tony Elumelu, has stated that Africa needs to be a significant player in international climate discussions. He revealed this to former US Secretary of State Hillary Clinton during a discussion about “Taking Action Together for the Most Vulnerable on the Climate-Health Nexus” at […]

Tony Elumelu to give speech at ECOWAS forum
Business

How CBN leadership will boost naira – Elumelu

A billionaire businessman, Tony Elumelu, has stated that he is confident that the recent change of leadership at the Central Bank of Nigeria will be crucial in restoring confidence in the local currency. Elumelu stated this in an interview with Bloomberg TV in New York, saying, “People are accumulating money because they lack confidence, not because they […]

Tony Elumelu to give speech at ECOWAS forum
Business

Power plants’ operation affected by gas shortage, Elumelu tells FG

The Tony Elumelu Foundation’s Founder, Tony Elumelu, has disclosed that a lack of appropriate gas supply is impacting the operation of the country’s power plants. According to The Punch, he claimed this was harming the country’s electricity supplies. He mentioned this on Sunday at the Nigerian Bar Association’s Annual General Conference. During his remarks at the occasion, […]

Tony Elumelu to give speech at ECOWAS forum
Business

Why business partnership are difficult to form in developing nations – Tony Elumelu

A well-known businessman and Chairman of Heirs Holdings, Tony Elumelu, has provided insight into the challenging aspect of creating partnerships in developing countries. Although he admits that partnerships are an important factor in success, he warns that these alliances are not without difficulties. Elumelu stated this viewpoint in a tweet and elaborated on it in a personal statement […]

Why I established $3.5m green entrepreneurship program - Elumelu
Business

Why I established $3.5m green entrepreneurship program – Elumelu

Billionaire industrialist, Tony Elumelu, has explained why he initiated the $3.5 million green entrepreneurship program. Elumelu stated through his official Twitter on Friday tweeted that he embarked on the initiative in order to lessen the effects of the climate crisis. He stated that the UNICEF, Generation Unlimited, and IKEA Foundation had joined forces with the Tony Elumelu Foundation […]

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Elumelu’s firm acquires 70m units of UBA shares

A private equity firm, HH Capital, founded by a Nigerian billionaire and the chairman of the Board of Directors of United Bank for Africa, Tony Elumelu has acquired 70 million units of shares of UBA. According to The Punch, the acquisition was disclosed through a corporate filing made on Wednesday on the Nigerian Exchange Limited. […]

Otedola asks top First Bank official to resign over 'wasteful party'
Business

How Tony Elumelu took my UBA, Transcorp shares – Otedola

Billionaire businessman, Femi Otedola, on Tuesday morning, went down memory lane on his relationship with Tony Elumelu and his plans for Transcorp before he opted out because his bid was rejected.   Otedola noted that he offered to acquire Transcorp Plc for N250 billion and take the company’s market capitalisation to N2 trillion but his […]

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