News

Reps to probe alleged award of N19.2 billion contract to non-existent firm

Ihesiulo Grace 22 December 2020 0

The House of Representatives is set to investigate the N19.2 billion railway rehabilitation contract awarded to Eser Contracting Industry Company Incorporated in March 2011. The resolution followed the unanimous adoption of a motion filed by the Minority Leader, Rep. Ndudi Elumelu (PDP-Delta)

News

Reps hail Elumelu for being among Time Magazine’s 100 most influential people

Ihesiulo Grace 26 September 2020 0

By Henry Omunu The Minority Caucus in the House of Representatives has congratulated the Chairman of the United Bank for Africa (UBA) group, foremost African entrepreneur and philanthropist, Dr Tony Elumelu, for making the list of top 100 most influential people in 2020 Time magazine award. The lawmakers described the recognition as well-deserving, given Dr […]

News

Dangote lauds Elumelu as he makes TIME’s world 100 most influential people list

Ihesiulo Grace 23 September 2020 0

TIME has named the Chairman of the United Bank for Africa, Tony Elumelu, and a Nigerian physician, Dr. Tunji Funsho, among the annual list of the 100 most influential people in the world, Daily Times gathered. Also, Toyin Adeyemi, a 27-year-old Nigerian-American novelist, who is also a creative writing coach and best known for her […]

Business

Tony Elumelu’s 2020 entrepreneurship programme opens

Ihesiulo Grace 30 December 2019 0

The Tony Elumelu Foundation’s 2020 TEF Entrepreneurship Programme will open for applications in January 1. The TEF Entrepreneurship Programme is open to entrepreneurs from across Africa, either with new startup ideas or existing businesses of less than 3 years existence, operating in any sector. Successful applicants will join the over 9,000 current beneficiaries,

Business Featured

Africa is Coca-Cola’s future growth driver-CEO

Ihesiulo Grace 21 November 2019 0

Coca-Cola Chief Executive Officer, James Quincey has stated that the African region is the Company’s Future growth driver. Quincey, who stated this during his recent visit to Nigeria and South Africa, said his visit was a testament of Coca-Cola’s commitment to Africa and its interest in the vast opportunity that the continent presents in driving […]

Brands and Marketing Business

Africans do not need aid, our young people need investments-Elumelu

Ihesiulo Grace 6 November 2019 0

In his drive to promote entrepreneurship, the Chairman of United Bank for Africa (UBA) and Heirs Holdings, Tony Elumelu, has stressed that Africans do not need aid, rather the young people need investments to build their businesses. Elumelu, stated this while opening the ‘ambition Africa” conference organised by the France Invest Africa Club in Paris, […]

News Nigeria

Elumelu to deliver LASPOTECH 40th anniversary lecture

Ihesiulo Grace 16 November 2018 0

Chairman Heirs Holdings and Founder Elumelu Foundation, Tony Elumelu will deliver the 40th anniversary lecture of the Lagos State Polytechnic, Ikorodu. The rector, Mr. Samuel Sogunro stated this while announcing the programme slated for the anniversary at a press conference in Lagos. The lecture titled:”Repositioning Education for Technological Development and Food

Business News

5,000 Entrepreneurs to storm Lagos October 25 for Elumelu Foundation

Ihesiulo Grace 15 August 2018 0

Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation (TEF), has announced October 25, 2018, as the date for its 4th Annual TEF Entrepreneurship Forum. The largest gathering of African entrepreneurs and the broader entrepreneurship ecosystem would unite over 5,000 entrepreneurs, global investors, leaders from the African public

Business

UBA Chairman Elumelu lauds NSE Premium Board, says listing is “progressive classification”

Ihesiulo Grace 18 April 2018 0

The Chairman of UBA Plc, Tony O. Elumelu has applauded the leadership of the Nigerian Stock Exchange (NSE) on the creation and the admittance of UBA to the NSE premium board. The Premium Board is the newly created platform for elite companies that meet the most stringent corporate governance and listing standards of the Exchange. […]

Business

Now best time to invest in Africa: Tony Elumelu at Africa 2017

Ihesiulo Grace 7 December 2017 0

Africa offers investors the largest return on investment, chairman of Heirs Holdings in Nigeria Tony Elumelu said during the first session of the Africa 2017 Forum that kicked off Thursday, featuring the Young Entrepreneurs Day. “I want to leave this forum knowing that there is no greater time to invest in Africa,” Elumelu said opening […]

Business

Tony Elumelu honoured with the 2017 Dwight D. Eisenhower Global Entrepreneurship Award

Ihesiulo Grace 5 December 2017 0

The Business Council for International Understanding (BCIU), a non-profit U.S business association dedicated to forging relationships and promoting dialogue between business and government communities across the globe, has honoured both Tony O. Elumelu, chairman of United Bank for Africa Group and J.W. “Bill” Marriott, Jr., Executive Chairman, Marriott

Business

Elumelu advocates taxation restructuring for business growth

Ihesiulo Grace 23 November 2017 0

Tony Elumelu, Chairman of Heirs Holdings, has called for the restructuring of government regulations and taxation to support business growth in Nigeria. He made the call at the Lagos Business School Alumni Association 2017 Conference, held on Thursday, November 16, 2017 Elumelu, who was guest speaker at the occasion, spoke on the conference theme: The […]

Business

Why directors’ investments are low in banks

Ihesiulo Grace 11 September 2017 0

Investigations into how well some of Nigerian Bank directors believe in their organization has revealed that quite a number of them have surprisingly low stakes in the banks they head, leaving investors to wonder how ready, they truly are in improving the fortunes of these organizations. In analyzing the financial positions of six of Nigeria’s […]

News

Tony Elumelu mourns with Sierra Leone. Donates $500,000

Ihesiulo Grace 25 August 2017 0

Following the August 14 unprecedented disaster, Tony Elumelu, Founder of Tony Elumelu Foundation and Chairman of United Bank for Africa (UBA), yesterday, Wednesday 23 August, paid a state visit to the people and Government of Sierra Leone to commiserate over the great loss caused by devastating mudslides and floods that have claimed hundreds of innocent […]

News

Tony Elumelu: Human trafficking is evil, it strips our youth of dignity and denies them opportunity

Ihesiulo Grace 13 August 2017 0

In recognition of the growing concerns around human trafficking in Africa, The Tony Elumelu Foundation (TEF), an African founded and funded 21st century philanthropic organization committed to youth empowerment and entrepreneurship development, hosted the Director General of Nigeria’s National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Julie Okah-Donli.

Business

Tony Elumelu Leads Heir Holdings Executive to #WEF2017 IN DAVOS

Ihesiulo Grace 18 January 2017 0

Philanthropist and serial entrepreneur Tony O. Elumelu, CON leads a delegation of senior executives from his proprietary investment firm, Heirs Holdings, to the World Economic Forum (WEF), which begins in Davos, Switzerland today.   Elumelu will join global business and political leaders during the event, bringing a message of Africa’s continued economic renaissance

Business

International Trade Centre, Tony Elumelu Foundation sign women empowerment initiative

Ihesiulo Grace 19 July 2016 0

Leading African businessman and philanthropist, Tony Elumelu in collaboration with the First Lady of Nigeria, Mrs. Aisha Buhari, wife of the Vice President of Nigeria, Mrs. Dolapo Osinbajo, the Nigerian Export Promotion Council (NEPC) CEO, Segun Awolowo and Executive Director of the International Trade Centre (ITC) Ms. Arancha Gonzalez have signed a women empowerment

Economy

Aisha Buhari, Dolapo Osinbajo & Tony Elumelu Sign Women Empowerment Initiative

Ihesiulo Grace 14 July 2016 0

Leading African businessman and philanthropist, Tony O. Elumelu CON joined the First Lady of Nigeria, Mrs. Aisha Buhari and wife of the Vice President of Nigeria, Mrs. Dolapo Osinbajo at a forum and exhibition on Nigerian Women in Export which was held in Abuja.   Themed ‘Achieving Zero Oil Growth Through Women Inclusiveness in Global […]

Business Economy Power & Energy

Tony Elumelu to speak on power, climate change in US, Europe

Ihesiulo Grace 19 May 2015 0

Following his advocacy for entrepreneur-led development for Africa at the White House and Georgetown University, African business leader and philanthropist, Tony O. Elumelu, is billed to speak on African energy issues at the Sustainable Energy For All (SE4ALL) Global Advisory board ‎meeting, in New York, on May 19. The event will be co-chaired by the […]