Business Hilights

Tracking Nigeria's Headline Business News Online

Mr. Tony Elumelu

TEF gives out 1st tranche of $5m Partnership Commitment from AfDB

Chairman of UBA Plc., and Founder of Tony Elumelu Foundation (TEF), Mr Tony Elumelu, has congratulated the African Development Bank (AfDB), and it’s President Akinwumi Adesina, on their commitment to African entrepreneurship, with the disbursement of $2.5million seed capital to…

Elumelu in Paris summit, seeks private equity inflow into Africa’s SMEs

Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA), Mr Tony Elumelu, has stressed the importance of private equity inflow into Africa, with a focus on investing in small and medium scale businesses, the lifeblood…

Just in: Elumelu seeks Japanese partnership to grow African Entrepreneurs

…AS TICAD7 ends in Yokohama Chairman of United Bank for Africa (UBA) and Tony Elumelu Foundation (TEF), Mr. Tony Elumelu has sent a strategic business message to Japanese private sector operators to “Come to Africa”. Delivering his keynote speech before…

Just in: Africa now has a corporate history to behold, build upon—Elumelu

…As discussants seek return of history to Nigeria, African educational curriculum Africapitalism crusader and chairman of United Bank for Africa (UBA), Mr Tony Elumelu, today, averred that “African corporate narrative is not only changing but has changed the growth narrative,…

Uzoka blames operating environment in 2017, hails UBA’s N105.3bn profit before tax

The managing director of United Bank for Africa (UBA) Plc., Mr. Kennedy Uzoka has expressed happiness on the feat achieved by the bank within the 2017 financial year. In his remarks at the bank’s recent 56th Annual General Meeting of…

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

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…

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

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…

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

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…

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

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…

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

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…