UBA Mourns Ex-Board Chair Israel Ogbue, Tony Elumelu’s Father-in-Law
United Bank for Africa (UBA) has announced the death of Israel Ogbue, a former chairman of the bank, who passed ...
Tag: Tony Elumelu
Transcorp Power Records 30% Revenue Surge As Capacity Hits 550MW
Transcorp Power Plc has announced a robust 30 percent growth in year-on-year revenue, a performance driven by a strategic increase ...
Tony Elumelu-Backed Redtech Sees Massive Growth in Digital Payments
Redtech, a technology company backed by Nigerian billionaire Tony Elumelu's family office, Heirs Holdings, has processed a staggering $20.6 billion ...
Tony Elumelu’s Heirs Energies Takes Top Spot as Seplat’s Largest Shareholder in $500M Deal
In a major move for Nigeria's energy sector, Heirs Energies, led by businessman Tony Elumelu, has acquired a 20.07% stake ...
Heirs Energies Buys 20.07% Seplat Stake in Landmark $500m Deal
In a major development in Africa’s energy landscape, Heirs Energies Limited, the Nigerian energy powerhouse led by business titan Tony ...
Tony Elumelu’s Heirs Energies Secures $750 Million Afreximbank Deal
Heirs Energies, one of Africa’s leading indigenous energy companies, has secured a $750 million financing package from the African Export–Import ...
Strategic Leadership Shift at Transcorp Hotels as Awele Elumelu Is Named Board Chair
Transcorp Hotels Plc, one of Nigeria’s leading hospitality companies and the hotel arm of Transnational Corporation Plc (Transcorp Group), has ...
Elumelu Appointed Transcorp Hotels Board Chairman
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), has announced a significant change in its leadership ...
Kenya Secures $1.5 Billion Chinese Highway Deal Following Tony Elumelu’s $1 Billion Pledge
Kenya is moving forward with a major infrastructure initiative, finalising a $1.5 billion highway expansion just weeks after Nigerian businessman ...
Court Suspends $3.66 Million Tax Order Against Elumelu-Linked Abuja Power Firm
The Abuja Electricity Distribution Company has won a temporary respite in its long-running tax battle with the Federal Inland Revenue ...
