Elumelu owns a 7.39-percent stake in UBA, equivalent to 2,527,372,285 ordinary shares in the leading lender.
United Bank for Africa
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Elumelu owns a 7.39-percent stake in UBA, equivalent to 2,527,372,285 ordinary shares in the leading lender.
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Elumelu, with his 7.17-percent stake in UBA, equivalent to 2,450,603,739 ordinary shares, ranks as one of the wealthiest individuals in the country.
- West & Central Africa
Nigerian tycoon Tony Elumelu’s UBA launches $6-billion initiative to support African SMEs
United Bank for Africa Plc, the pan-African financial services group led by Nigerian tycoon Tony Elumelu, has unveiled a $6-billion initiative.
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UBA, under the astute guidance of Elumelu, recorded a 437.8-percent surge in its profits in the first half of 2023.
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Elumelu, with a 7.17-percent stake in UBA, or 2,450,603,739 ordinary shares, ranks as one of the richest investors on the Nigerian Exchange.
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Elumelu currently holds a 7.17-percent stake in UBA, or 2,450,603,739 ordinary shares.
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Elumelu, a widely respected business executive on the continent, holds a significant 6.9-percent stake in UBA.
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Elumelu owns a significant 6.9-percent stake in UBA.
- Hot News
Tony Elumelu urges African entrepreneurs to invest in businesses to spur growth and employment
Elumelu is the founder of the Tony Elumelu Foundation and chairman of the United Bank for Africa.