United Bank for Africa (UBA) Plc has announced that Tony O. Elumelu will retire as Group Chairman on August 21, 2026, after completing the 12-year tenure limit for non-executive directors set by the Central Bank of Nigeria (CBN).

The Chairman of Heirs Holdings and the United Bank for Africa (UBA), Tony Elumelu, has commended President Bola Ahmed Tinubu for the significant improvement in the oil and gas sector since he assumed office in 2023.

'Oil Revenue Key to Nigeria's Economic Diversification'   Mr. Tony Elumelu, Chairman of Heirs Holdings, emphasized the crucial role of oil revenue in driving Nigeria's economic growth and diversification, underscoring the need for increased oil production to support the country's development efforts. Speaking on Thursday in Abuja at...

At a pivotal moment in Nigeria’s economic and social development, Heirs Holdings Chairman, Tony Elumelu, has emphasized the need for a national strategy to leverage the country's abundant resources and unlock its immense potential.  

Transcorp's Expenses Rise to N21.2bn in H1 Transnational Corporation (Transcorp) Plc says its operating expenses increased by 50 percent to N21.2 billion in the first half (H1) of 2024. In a statement highlighting the H1 2024 report on Monday, Transcorp said the surge in operating expenses...

How I Almost Bought Transcorp For N250bn – Otedola   Billionaire businessman, Femi Otedola, has revealed that his offer to buy Nigerian conglomerate, Transcorp Corporation Plc, for N250bn was rejected. This came to light on Tuesday in a statement he issued to TheCable, weeks after the businessman...