Elumelu Says Covid-19 Presents Opportunity To Reset Africa

Advocates Martial Plan to Boost Electricity And Ease Debt Burden Wants Youths Prioritised as SMEs are Empowered  The Chairman of the United Bank for Africa (UBA) Plc, Tony Elumelu, has stated that the Coronavirus Pandemic currently ravaging the world presents an opportunity to reset the African continent so that Africans can be empowered to become more productive and self-reliant. He said this today at the high-level Roundtable discussions made up of African leaders including Dr. Ngozi Okonjo – Iweala, the Special Envoy of the African Union on Covid-19 and Tidjane…

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Transcorp Group CEO, Owen Omogiafo Unveils New Strategic Vision For Nigeria’s Largest Listed Conglomerate At Company’s AGM

Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have congratulated the Board and management for the resilient performance achieved in 2019, despite the challenging environment. They welcomed the diversified earnings provided by the Group, Nigeria’s leading listed conglomerate, the largest power generator in Nigeria, the operator of sub-Saharan Africa’s largest hotel, and a growing natural resources player. Transcorp held its 14th Annual General Meeting (AGM) online, due to the Covid19 pandemic, a corporate first in Nigeria. Shareholders participated in the meeting through proxies and a total of 129 proxies representing holders…

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COVID-19: UBA Presents N1billion To Lagos State, Applauds Govt Effort To Fight Pandemic

 United Bank for Africa (UBA) Plc has presented the sum of N1 billion to the Lagos State Government Donation to Lagos as part of the bank’s commitment to help curb the effect of the Coronavirus (COVID-19). This is also in fulfillment of its N5 billion commitment made by the UBA Group Chairman, Mr. Tony O. Elumelu, last week. Whilst presenting the cheque to the Lagos State Governor at the Government House in Marina, UBA’s Group Managing Director/Chief Executive Officer, Mr. Kennedy Uzoka, said that as a socially responsible institution, UBA…

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Nominees List For The 2020 Balafon Awards Has Been Released Bt ATQ

ATQ News has released the list of nominees for the 2020 Balafon Awards to be recognised at the 6th Accra Weizo, the West African tourism and travel fair, scheduled to take place in June. Voting has commenced online on ATQNews.com, while nominations for the ‘Award of the Decade’ should be sent to atqnewsawards@gmail.com promptly. Nominations and voting will close on May 11, 2020. The prestigious Balafon Award of excellence has been received by several deserving individuals and corporate bodies in West Africa. Past winners include the Director-General of the National…

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Elumelu Named In Ebony Power 100 List for 2020

The Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, has been named on the Ebony Magazine’s just-released Ebony Power 100 along with other powerhouses like the Mayor of Chicago, Mayor Lori Lightfoot; Co-Founder, FUBU, J Alexander Martin; Vice President, Global Partnerships, Google, Incorporated, Bonita Coleman Stewart, amongst many prominent African American and Africans. The 2020 Ebony Power 100 List recognises the most influential and inspiring individuals who are making a difference in the African-American community in the following categories: Community Crusaders; Doing It For The Culture;…

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Giving Women a Voice…The Tony Elumelu Modus Operandi

It is often more convenient to possess the ashes of great men than to possess the men themselves in their lifetime. But in Tony Elumelu’s case, the reality is remarkably different; Nigeria is extremely lucky to possess Elumelu. This is because the maverick banker elevates fiscal management and entrepreneurship to an art form, for the benefit of the country.  The excellence of his art, however, lies in its intensity; Elumelu is especially gifted at taming the odds and making all disagreeable evaporate like mountain dew on grains of sand. And…

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Tony Elumelu Foundation Disburses First Tranche of $5m Partnership Commitment from African Development Bank

AfDB Joins TEF Programme Catalysing Entrepreneurship Across Africa RL: Tony O. Elumelu, CON, Founder, Tony Elumelu Foundation and Akinwunmi Adesina, President, African Development Bank (AfDB) at the 2019 Tony Elumelu Foundation Entrepreneurship Forum – Africa’s largest entrepreneurship conference.  Tony O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. $2.5m was released today, with the remainder expected to be disbursed to the entrepreneurs…

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Transcorp Group Announces Significant New Executive And Non-Executive Board Appointments

Transnational Corporation of Nigeria Plc (Transcorp) has announced significant appointments to its Board and Executive Management. Transcorp is Nigeria’s leading listed industrial holding company, whose interests include Transcorp Power, Nigeria’s largest power generator, Transcorp Hotels, owner of the iconic Transcorp Hilton, and significant upstream oil and gas assets.   Owen Omogiafo has been appointed as President/GCEO of Transnational Corporation of Nigeria Plc, with effect from March 25, 2020. She succeeds Valentine Ozigbo, who is retiring to pursue a career in public service, having served Transcorp for close to a decade. Owen…

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UBA Supports Creative Industry with REDTV’s New Series Assistant Madams.

l-r: Executive Director, Urban Vision Akins Akinkugbe; Actress, Tana Adelana; Chief Executive Officer, Ebony Life, Mo Abudu; Actress, Osas Ighodaro; Executive Producer/CEO, Urban Vision, Tola Odunsi, during the Premiere of REDTV Series, Assistant Madams in Lagos. REDTV, the foremost lifestyle platform powered by the United Bank for Africa, has just launched its new and very much anticipated series, Assistant Madams. Creators of the hit series, The Men’s Club, REDTV has been engaging and providing opportunities for talented youths in the creative industry in Africa, since its inception. The crème de la crème of the entertainment industry gathered at the…

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Calling Start-up African Entrepreneurs: Apply for the 2020 Tony Elumelu Foundation Entrepreneurship Programme

   … Sixth Year of Programme and Tenth Anniversary of Foundation see Significant Enhancements to the TEF Entrepreneurship Programme … Creating a Personalised Entrepreneurship Journey for Applicants and Greatly Increased Access to Programme and Knowledge Base …Applications made through TEFConnect, Africa’s largest digital entrepreneurship network    The Tony Elumelu Foundation (TEF) has opened its application portal (www.tefconnect.com) for applications from African entrepreneurs across all African countries, for the 2020 cohort of the Tony Elumelu Entrepreneurship Programme. In 2019, 3,050 African entrepreneurs benefited from the Programme, a number which will meaningfully increase in 2020. …

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