Nigerian banking tycoon Tony Elumelu to receive $4.6 million in dividends from UBA
Elumelu owns a 6.39-percent stake in the company.
United Bank for Africa
Nigerian businessman Tony Elumelu’s UBA earns $283.6 million in profit in 2021
Elumelu derives a total wealth of $46.9 million from his stake in the pan-African bank.
Banking tycoon Tony Elumelu gains nearly $2.8 million from stake in UBA
Elumelu has recently shown interest in Caribbean markets as part of a strategic drive to foster wealth creation through partnership.
Tony Elumelu’s United Bank for Africa reports $254.4 million in profit for 9M 2021
UBA is a Nigerian financial services group with operations in 20 African countries, the UK, the United States and France.
United Bank for Africa did not fund OML-17 acquisition: Nigerian mogul Tony Elumelu
The businessman and philanthropist addressed the subject during an interview with Arise TV.
Nigeria’s First Bank fires CEO without regulatory approval
The Central Bank of Nigeria has queried First Bank over its abrupt removal of CEO Adesola Adeduntan.