Multiple taxation drowning 95% of SMEs in Nigeria yearly—Elumelu
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…
Elumelu hits back at Discos, calls for new investors
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….
Sanusi, Elumelu give antidote on how to reduce spending, grow economy
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…
Confusion as Nigeria goes missing on ‘Where to invest in Africa’ Report
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…
FG heeds to Elumelu’s calls, begins harmonization of national economic data
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…
Why NBS, NCC figures are more credible to CB Insights report on sector growth
Nigeria and other African governments that did not take issues of gathering, processing and disseminating development statistics serious will continue to fall prey to unreliable data presented by the western world on Africa’s development. This was the summary of the…
Another look at Elumelu’s observations on western thoughts about Africa
Recent outpouring of leading African entrepreneur and chairman of United Bank for Africa (UBA), Mr. Tony Elumelu is mind boggling and has presented a serious challenge African. At a gathering of senior policymakers and developments experts hosted by UK’s leading…
