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Tony Elumelu Tightens Ownership Control As Family Members Mop Up Millions Of Shares In UBA

Four members of the family of the Chairman of United Bank for Africa Plc, Tony Elumelu have acquired 6,434,616 ordinary shares of United Bank...

Business

NNPC’s Post PIA Implementation Strategies Excites Dangote, Elumelu, Shell MD, Total Energies DMD, Other Stakeholders

For decades, the commercialisation of the Nigerian National Petroleum Corporation had been the subject of discussions among critical stakeholders in the oil and gas...

Business

After Earning Billions From Elumelu, Otedola Sells 2.8 Million Shares In Geregu To Brother

Nigerian billionaire investor, Femi Otedola, has sold shares in his Geregu Power Plc, after a surprise exit from Transnational Corporation Plc a few days...

Business

Elumelu Moves To Prevent UBA Takeover, Acquires N560m Worth Of Shares

Tony Elumelu, the Chairman of Heirs Holding has invested N560m to increase his shares in United Bank For Africa.This was revealed in a notice...

Business

Elumelu’s Wife Becomes Transcorp’s 3rd Highest Shareholder After Otedola’s Exit

Awele Elumelu has bought 2,063,484,991 units of shares in Transnational Corporation making her the second-highest individual shareholder in the business.She now controls 5.076 per...

Business

Zenith Bank CEO, Onyeagwu, acquires more shares in firm

The stake of Ebenezer Onyeagwu in Zenith Bank, where he serves as the Group Managing Director and Chief Executive Officer, has increased to 0.28...

Business

After Earning Billions From Elumelu, Otedola Acquires 2.8 Million More Shares In Geregu

Nigerian billionaire investor, Femi Otedola, has bought additional shares in his Geregu Power Plc, after a surprise exit from Transnational Corporation Plc a few...

Business

Tony Elumelu increases stake in UBA with N560m shares

The Chairman of United Bank for Africa (UBA) Plc, Tony Elumelu has acquired more shares to increase his ownership stake in the lender.This followed...

Business

Tony Elumelu buys additional N4.48bn worth of shares to increase stake in UBA

The development comes amid claim by billionaire businessman, Femi Otedola, that Elumelu had sold his investment in UBA.Elumelu purchased 560 million shares in UBA...

Business

Femi Otedola sells shares in Geregu after Transcorp rejects his N250 billion acquisition offer

The majority shareholder of Geregu Power, Femi Otedola, has sold part of his shares in the power firm, weeks after exiting Transnational Corporation (Transcorp)...

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