Tag: Elumelu
-
Elumelu’s TNOG acquires 45% participating interest in Nigerian Oil Licence
Leading African investment company, Heirs Holdings, has acquired 45 percent participating interest in Nigerian oil licence OML 17 and other assets from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI. In a statement on Friday, the company said one of its subsidiaries, TNOG Oil and Gas Limited would have…
-
UBA chairman, Tony Elumelu demands apology, threatens to sue Senator Akinyelure over N41bn NITEL fraud allegations
The Chairman of United Bank of Africa (UBA), Mr. Tony Elumelu has threatened to sue Senator Ayo Akinyelure, Chairman of the Senate Committee on Ethics, Privileges and Public Petitions over a statement alleging the involvement of UBA and indictment of Mr. Elumelu in a N41 (Forty One Billion Naira) fraud relating to NITEL in liquidation.…
-
Elumelu Advocates Collaborations to Boost Africa’s Fortunes, tips Continent as Key Investment Destination
The Group Chairman, United Bank for Africa (UBA) Plc, Tony O. Elumelu has said that the Corona virus pandemic has presented a perfect opportunity for foreign investors to invest in Africa, owing to the huge opportunities that are inherent in the African economy. “This is the time to invest. Africa is a land of opportunities;…
-
House minority leader, Elumelu, family test negative for COVID-19
House Minority Leader Ndudi Elumelu and his family members have tested negative for COVID-19. He said his domestic staff also tested negative for the virus. Elumelu, in a statement on Wednesday, asked Principal Officers and members of the House to go for COVID- 19 test over fear of possible mass infection among legislators. He said:…
-
Elumelu Advocates Massive Capital Investment for Africa
The Chairman, United Bank for Africa(UBA), and Founder, Tony Elumelu Foundation, Tony Elumelu has advocated massive private capital investment as well as increased support to youth development as catalysts for driving the much needed economic growth on the continent. Elumelu said this while speaking on a panel at the UK-Africa Investment Summit 2020, in London.…
-
Tony Elumelu Donates Technology Centre to AAU
Chairman of UBA Group, Tony O. Elumelu, has made the donation of a multipurpose information technology centre to his alma mater, Ambrose Ali University. Through the UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc (UBA), Elumelu has championed the construction of a state-of-the-art multipurpose information technology building, which will…
-
Tony Elumelu dances ‘Zanku’ with Zlatan Ibile
Founder of the Tony Elumelu Foundation and chairman, Heirs Holdings, Tony Elumelu, has been pictured dancing the popular Zanku with Afropop star, Zlatan. An excited Zlatan shared the iconic picture on Monday on Instagram thanking Mr Elumelu for the words of encouragement.
-
9th House minority leadership crisis: How lawmakers unknowingly sign for Elumelu faction
…as NASS gradually wears toga of a rubber stamp legislature … it’s laughable- Lawan The minority leadership crisis rocking the House of Representatives is fast taking a larger than life shape as the Peoples Democratic party, PDP set up committee to probe the matter gradually dig deeper into how it all started. It all started…
-
Minority Leadership: Elumelu reacts to suspension by PDP
Minority Leader of the House of Representatives, Hon. Ndidi Elumelu on Friday expressed shock over his alleged suspension by the National Working Committee of the People’s Democratic Party (PDP) over his emergence as the Minority Leader of the House. Speaker Femi Gbajabiamila had announced Elumelu as the Minority leader as against Hon Kingsley Chinda who…
-
Minority Leadership: PDP blasts Gbajabiamila, Summons Elumelu, Oke, Ikpeazu, others
National Working Committee (NWC) of the Peoples Democratic Party (PDP) has summoned Ndudi Elumelu and six other members of the House of Representatives over the minority leadership tussle in the lower chamber. Other members summoned were Wole Oke, Lynda Ikpeazu, Anayo Edwin, Gideon Gwadi, Toby Okechukwu and Adekoya Abdul-Majid. In a statement issued by PDP…