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Tag Archives: Mr. Tony Elumelu

Elumelu meets presidents, drills East African youths on basic entrepreneurship keys

Tony Elumelu speaks

In line with his self-styled Africapitalism drive, the Chairman of United Bank for Africa (UBA) and founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, is currently touring East African countries with his strategic campaign designed to deepen entrepreneurship and infrastructure growth in the continent. A statement issued by the group, revealed that Elumelu is on a five-day working visit to ...

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Elumelu opens up on non-activation of completed N4.5bn Nigeria-Benin border scheme

Elumelu Tony

Following observed moribund state of the joint-border facility scheme powered by the European Union (EU) and Economic Community of West African States (ECOWAS) seating on Seme border in Badagry Local Government Area of Lagos State, the Head of Free Trade Movement and Migration Division of ECOWAS, Mr. Tony Elumelu, has given some facts holding back the takeoff. Currently, the sorry ...

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FG needs to understudy Brazil, India, Pakistan to design devt plans—Elumelu

Elumelu Tony

Successful banker, self-styled campaigner of Africapitalism and Chairman, Heir Holdings, Mr. Tony Elumelu, has called on the federal government look at what changed the economy fortunes of nations Brazil, India and Pakistan to tailor a sustainable growth and recovery development plan. Development legends say during the 1980s, the trio and Nigeria were on the same page of economic development, but ...

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Capital only goes to where the operating environment is attractive—Elumelu

Elumelu Tony

Leading campaigner of Africapitalism and chairman of United Bank for Africa (UBA) Plc., Mr. Tony Elumelu @TonyOElumelu, tweeted weekend, saying “We need to improve the operating environment and when this happens capital will be deployed. Continuing, he sounded it loud and clear, saying “Capital only goes to where the operating environment is attractive”. “In order to advance our continent, we ...

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FG shouldn’t tailor tax reforms to kill businesses—Elumelu

Elumelu Tony

Leading banking wizkid, enterprise builder and Chairman of Heirs Holdings, Mr. Tony Elumelu has picked holes on ongoing restructuring of government regulations and taxation around private businesses in Nigeria, saying efforts should be made to avoid reforms capable of stifling struggling startups and old businesses. Speaking at the Lagos Business School Alumni Association 2017 Conference on the theme: ‘The Effects ...

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Multiple taxation drowning 95% of SMEs in Nigeria yearly—Elumelu

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Leading banking wizkid and motivational speaker on entrepreneurial issues, Mr. Tony Elumelu on Thursday, said that 95 percent of Small and Medium Enterprises fold up within a year in Nigeria due to multiple taxes and levies. The Chairman of Heirs Holdings and United Bank for Africa (UBA), who at the Lagos Business School Alumni Association 2017 Alumni Day in Lagos ...

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Elumelu hits back at Discos, calls for new investors

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Chairman of United Bank for Africa (UBA) Plc and Transnational Corporation Plc, Mr. Tony Elumelu, has observed poor services delivery and asked the Federal Government to immediately review the entire process that lead to the emergence of current service providers. Speaking at the ongoing 23rd Nigerian Economic Summit in Abuja, he argued that for the economy to move forward time ...

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Sanusi, Elumelu give antidote on how to reduce spending, grow economy

Elumelu Sanusi

Two leading economic experts, former Governor of the Central Bank of Nigeria, Emir of Kano, Muhammadu Sanusi II and the Chairman, United Bank for Africa Plc, Mr. Tony Elumelu, have advised the National Assembly to give priority to bills capable of moving the economy forward. Speaking in Abuja shortly after they were conferred with the Fellowship of the Nigerian Economic ...

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Confusion as Nigeria goes missing on ‘Where to invest in Africa’ Report

Udoma, Buhari, Adeosun

Latest report published by leading Africa’s investment directory, Rand Merchant Bank, has shown that Nigeria, as an investment destination in Africa in 2018 is off the radar. This means that there is high tendency that global investors are not satisfied with Nigeria’s 2018 investment roadmap as driven by the Economic Recovery & Growth Plan of the Federal Ministry of Budget ...

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FG heeds to Elumelu’s calls, begins harmonization of national economic data

Tony Elumelu

The federal government has realized the importance of harmonized development statistics, not just for development planning, but in feeding foreign investors and international community with homemade figures that are accurate and reliable for investment planning. Before now, several development statistics on Nigeria are cooked up by foreign data agencies due to the non harmonized approach by the government, thereby presenting ...

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