Indigenous conglomerate Transnational Corporation Plc (Transcorp) has reported a strong performance for the third quarter of 2025, recording a 39 per cent increase in revenue to N413.4 billion, up from …
TONY ELUMELU
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BusinessEconomyEnergyFinanceHospitalityINVESTMENT
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African DevelopmentBusinessEconomyGovernanceINVESTMENTLeadership
Tony Elumelu Urges African Leaders to Create Stable Business Environment for Private Sector Growth
The Group Chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, has called on African policymakers to prioritise the creation of a stable and predictable business environment that …
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AfricaBankingDevelopmentEconomyFinanceSustainability
UBA to Launch Whitepaper on Unlocking Africa’s Growth Potential
United Bank for Africa Plc (UBA) has announced plans to launch a major whitepaper designed to accelerate Africa’s economic development through improved financial systems, strategic partnerships, and sustainable growth initiatives. …
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AfricaBusinessEconomyEnergyINVESTMENTOil & Gas
Heirs Energies Showcases African Leadership in Oil and Gas at African Energy Week 2025
Heirs Energies, one of Africa’s indigenous-owned integrated energy firms, has said its success in reviving declining oil assets is proof that African companies can unlock value in areas where international …
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BusinessEconomyInsuranceYouth Empowerment
Heirs Insurance Unveils N5m Retirement Grant for Senior Citizens
Heirs Insurance Group has launched a ₦5 million grant scheme to support retirees and pre-retirees in achieving their long-held retirement aspirations. The initiative, called the Heirs Insurance Retirement Dream Competition, …
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United Bank for Africa (UBA) Plc has announced plans to expand its operations to over 100 countries and grow its customer base to over one billion within the next 75 …
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Tony Elumelu, the chairman of United Bank for Africa (UBA) Plc, is poised to receive dividends exceeding N7 billion following the bank’s declaration of a final dividend of N3 per …
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Banking, Finance & InvestmentBusinessINVESTMENTNigeriaWestern Africa
UBA witnesses a nine-month profit increases by N116 billion
UBA, United Bank of Africa’s profit for the nine-month period from January through September hit its peak level ever this year, catapulted by reasonable growth in interest income, its financial …
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AfricaAFRICA NEWSBusinessInsuranceNewsNigeriaWestern Africa
Tony Elumelu proposes N50m capital base for insurance brokers
Chairman of Heirs Holdings, Mr Tony Elumelu, has proposed N50 million as capital base for insurance broking firms operating in Nigeria. Elumelu, who is also founder, Tony Elumelu Foundation, said …
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AfricaBanking, Finance & InvestmentBusinessNigeriaWestern Africa
UBA appoints new GMD and other executive members
United Bank For Africa (UBA) has appointed Oliver Alawuba as its new group managing director (GMD). The bank made the announcement in a statement on Monday. According to the bank, …