Nigerian businessman Tony Elumelu and wife acquire 23 million new shares in UBA
The move by Elumelu and his wife is viewed as a vote of confidence in UBA’s financial performance.
The move by Elumelu and his wife is viewed as a vote of confidence in UBA’s financial performance.
This recent surge in Awele Elumelu’s stake further solidifies her position as one of the top investors on the Nigerian Exchange.
Billionaires.Africa presents the seven wealthiest female investors on the Nigerian Stock Exchange as at Aug. 25, 2023.
With the acquisition of an additional 7.3 million shares in Transcorp in June, Awele Elumelu’s total holdings in the company now stand at an impressive 2,070,794,804 shares.
Awele Elumelu’s prominence extends beyond her investments, as she has made significant contributions to the healthcare sector.
Awele Elumelu acquired a 5.076-percent stake in Transcorp, making her one of the largest shareholders in the conglomerate.