Tag Archives: Tony Elumelu

UBA’s Q3 Net Profit Rises By 23% To N60.92bn

UBA Buiding

…UBA Plan $500M Eurobond Issuance, Eyes Irish Exchange Listing …UBA Buys Back, Set to Cancel 2.08bn Shares from its Book The board of United Bank for Africa Plc, on Monday presented its nine-month unaudited financials for the period ended September 30, 2017, indicating that gross earnings rose by 25.75%, slightly faster than the restated net profit for the period. Gross …

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Tony Elumelu Foundation (TEF) Wraps Up 2017 TEF Entrepreneurship Forum – Largest Gathering Of African Entrepreneurs

Tony Elumelu, Entrepreneurship

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entrepreneurship, concluded its 3rd annual TEF Entrepreneurship Forum on 14th of October 2017 in Lagos. The Forum hosted more than 1,300 participants from 54 African countries. The most diverse and inclusive gathering of African entrepreneurs on the continent, the Forum continued its strong tradition of showcasing innovation across sectors, including Agriculture, Technology, Healthcare, Fashion …

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To make progress we must prioritise SMEs and the Creative Sector, Elumelu Says

The Chairman of African proprietary investment company, Heirs Holdings, Tony Elumelu, has called on the government to prioritise SMEs, the Creative Sector and access to electricity to drive job creation, inclusive growth and the diversification of the economy. He made this call while speaking on the topic “Opportunities, Productivity and Employment: Actualizing the Economic Recovery and Growth Plan” at the …

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Epileptic Power Supply: Elumelu Labels Discos Incompetent, Calls For New Investors

Tony Elumelu

The Chairman, United Bank for Africa Plc and Transnational Corporation Plc, Mr. Tony Elumelu has decried the debilitating effect of power sector failure on the nation’s economy due to incompetency of private electricity distribution companies. He suggested that the Federal Government should take another look at the sector by wresting ownership from incompetent private operators and sell the firms to …

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Elumelu in Jaji, Tasks Leaders on Lasting Legacies for Coming Generation

The Nigerian military has been applauded for their zeal and commitment towards ensuring the protection of Nigeria’s territorial integrity and the fight against insurgency in some parts of the country. The Chairman of Heirs Holdings, Mr. Tony O. Elumelu gave the commendation while delivering a lecture on Tuesday at the Armed  –  -Forces Command and Staff College, Jaji, Kaduna, attended by officers of …

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TEEP Awardee Launches Digital Library

e86 Limited, a Nigerian software development firm and an awardee of the Tony Elumelu Entrepreneurship Programme (TEEP), has expressed commitment to making learning fun, affordable and more readily accessible through its flagship product, Panacea e-library. In a statement released by the its management team, e86 Limited laments that apart from dearth of facilities, outdated curriculums and lack of instructional materials …

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Sultan of Sokoto commends the Tony Elumelu Foundation…says we need more Tony Elumelus to take our children off the streets

The Sultan of Sokoto, Sultan Muhammadu Sa’ad Abubakar III, commended the Tony Elumelu Foundation and its Founder, Tony O. Elumelu for their contribution to entrepreneurship and creation of jobs for young people in the North. The Sultan made this commendation during a courtesy visit paid by Tony Elumelu, Chairman of UBA Group and Founder of Tony Elumelu Foundation, shortly before the National Dialogue Series at …

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African leaders to task: Consider your legacy, do the right thing!  …Africa’s agenda must change to prioritize jobs and power, Elumelu cautions

“Embrace legacy, you are not here forever,” Mr. Tony O. Elumelu, CON, Chairman of Heirs Holdings, and Founder of the Tony Elumelu Foundation, urged policymakers as he represented the African private sector at the opening session of the 2017 World Economic Forum on Africa which began in Durban, South Africa, on Wednesday May 3. “You must improve the business terrain to deal …

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Elumelu Shares Africapitalism Philosophy In North Africa Calls On African Leaders To Create Youth Business Champions, Not Martyrs

Elumelu Shares Africapitalism Philosophy In North Africa Calls On African Leaders To Create Youth Business Champions, Not Martyrs Fifteen delegations representing the United Nations and several countries, including Germany, Canada, France, Qatar and Algeria took part in the Tunisian government’s International Investment Conference dubbed “Tunisia 2020.” In the last 5 years the Tunisian economy has struggled following a democratic uprising …

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