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Tony Elumelu

Business

Mecure Industries Shares Surge, Lifting Udani Fortunes

Mecure Industries shares have surged nearly 239%, sharply increasing Udani family wealth and sparking debate over fundamentals and free float on the Nigerian Exchange.
Business

Dangote Seeks Congo Backing for Potash Mining Project

Aliko Dangote is exploring a potash mining project in Congo, seeking to strengthen fertiliser supply chains and extend his industrial footprint beyond cement.
News

Wike, Elumelu Urge Stronger Investments to Tackle Poverty

Wike and Elumelu urge stronger investments to tackle poverty, calling for public-private collaboration to unlock Abuja’s and Africa’s economic potential
Business

Transcorp Power Reports 38 Percent Revenue Jump

Transcorp Power posts 38 percent revenue growth and 17 percent profit rise, reflecting higher power generation, cost efficiency, and expanding asset base.
News

Tony Elumelu Urges Shift From Aid to Investment in Africa

Tony Elumelu urges a shift from aid to investment in Africa, calling for partnerships that prioritize entrepreneurship and sustainable growth.
Business

Tony Elumelu Boosts UBA Stake Above 16 Percent

Tony Elumelu has raised his UBA stake above 16 percent as the bank pushes new rights issues and reports stronger earnings.
Business

UBA’s $19 Million Travel Spend: Justifiable Growth or Executive Extravagance?

KEY POINTS UBA’s $19 million travel spend in 2024 more than doubled from 2023,...
News

Elumelu Pushes for Global Backing of Young African Entrepreneurs

In his address Tony Elumelu appeals to worldwide stakeholders to fund Africa's emerging business generation.

Latest articles

Business

Mecure Industries Shares Surge, Lifting Udani Fortunes

Mecure Industries shares have surged nearly 239%, sharply increasing Udani family wealth and sparking debate over fundamentals and free float on the Nigerian Exchange.
Business

Dangote Seeks Congo Backing for Potash Mining Project

Aliko Dangote is exploring a potash mining project in Congo, seeking to strengthen fertiliser supply chains and extend his industrial footprint beyond cement.
Business

Unilever Nigeria Posts 44 Percent Revenue Growth in Results

Unilever Nigeria reported a 44 percent rise in turnover and a doubling of profit after tax, supported by strong brand demand and operational efficiency.
News

Nigeria Military to Court-Martial Officers Over Alleged Coup Plot

Nigeria’s Defence Headquarters will court-martial 16 officers after an internal probe found cases to answer, including allegations linked to coup plotting.

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