Icons

Tony Elumelu CFR

Published by

• He is a Nigerian economist and philanthropist. He chairs Heirs Holdings, Transcorp, United Bank for Africa (UBA) and is the founder of The Tony Elumelu Foundation.

• Anthony Onyemaechi Elumelu was born in Jos, Plateau, Nigeria, on March 22, 1963, to Suzanne and Dominic Elumelu from Onicha-Ukwu in Aniocha North local government area of Delta State.

• He studied Economics at Bendel State University (now Ambrose Alli University). Afterward, he studied and received a Master of Science degree in Economics at the University of Lagos.

• Elumelu worked in Union Bank during his National Youth Service Corps programme in 1985, before starting his career as a salesman. Elumelu subsequently joined Allstates Trust Bank in 2005 and United Bank for Africa (UBA) was acquired afterwards.

• Following the merger of Standard Trust Bank and United Bank for Africa in 2005, Elumelu led the company as Group Managing Director from a single-country banking group to a pan-African bank with subsidiaries in 20 African countries, France, the U.S and the U.K, eventually stepping down in 2010.

• In 2010, he founded Heirs Holdings, his family-owned investment holding company. Elumelu also established in the same year the Tony Elumelu Foundation, an Africa-based foundation championing entrepreneurship in Africa.

• In 2020, Tony Elumelu, a man with strong passion for book reading, was named on Time’s list of the 100 most influential people in the world.

 

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

Labour suspends strike after NSA intervention

The organised labour in Nigeria has suspended the nationwide strike that commenced on Tuesday, November 14, 2023, to protest the brutalization of NLC President Comrade Joe Ajaero in Owerri, the Imo State Capital

....….

Nigeria’s inflation rate hits 27.33%

Nigeria’s headline inflation rate for October skyrocketed to 27.33 percent from 26.72 percent recorded in September. The latest figure marks the 10th consecutive rise in the country’s inflation rate this year……..

Appeal court upholds Sanwo-Olu’s election

The Lagos Court of Appeal has upheld the tribunal’s decision, validating the victory of Babajide Sanwo-Olu and Obafemi Hamzat as the Governor and Deputy Governor of Lagos State. The justices of the appellate court unanimously rejected the Peoples Democratic Party’s (PDP) appeal, citing a lack of merit....….…

Ex-JAMB Registrar Prof Ojerinde’s money laundering trial stalled again

The trial of the former Registrar of the Joint Admission and Matriculation Board (JAMB), Prof. Dibu Ojerinde, and his four children on money laundering charges has again been stalled at the Federal High Court, Abuja...…

Visa Cancellation: Passengers didn’t fulfil entry requirements — Saudi embassy

The Royal Embassy of Saudi Arabia has disclosed that those passengers who were denied entry and subsequently deported to their initial destinations didn’t fulfil the entry conditions and requirements in accordance with the applicable rules and regulations of the Kingdom, as they submitted incorrect information to obtain a category of visa that doesn’t apply to them, which was discovered upon their arrival......…

Old naira notes remain legal tender indefinitely – CBN

The Central Bank of Nigeria (CBN) has extended the legal tender status of old N200, N500, and N1000 notes indefinitely, removing the initial deadline set for December 31, 2023. This is according to a statement on Tuesday signed by Director of Corporate Communications, Dr Isa AbdulMumin, the apex also disclosed that it is working to vacate existing court rulings on the old notes…..

Recent Posts

Tinubu’s tax reform laws major win for citizens — Women Affairs Minister

She emphasised that the law is a testament to the government's commitment to implementing people-centered…

12 minutes ago

Four plead guilty in $550m USAID bribery scandal

According to the Department of Justice, Watson began accepting bribes in 2013.

14 minutes ago

Jigawa records 9,861 postpartum family planning clients across 13 LGAs

No fewer than 9,861 postpartum family planning clients were recorded in 13 local government areas…

33 minutes ago

Qubetics in Final Stage of Best Crypto Presale to Join in June 2025 as Bitcoin Eyes $120K and Chainlink Taps Mastercard

Is June 2025 shaping up to be the defining stretch for long-term crypto positioning? With…

40 minutes ago

Cyngn shares skyrocket 500% on Nvidia partnership

Cyngn (NASDAQ:CYN) shares surged as much as 500% on Thursday morning after the industrial automation…

40 minutes ago

Top 20 best US airports in 2025

Some offer more than just a terminal;...

53 minutes ago

Welcome

Install

This website uses cookies.