Tag: Tony Elumelu

Elumelu Raises Seplat Stake with 6 Million Shares Ahead of Planned Appointment as Chairman

Elumelu Raises Seplat Stake with 6 Million Shares Ahead of Planned Appointment as Chairman

Gloria Francis- October 5, 2026

Chairman of Heirs Holdings, Tony Elumelu, has acquired an additional six million shares in Seplat Energy Plc for £53.2 million. The transaction was disclosed in ... Read More

Tony Elumelu Bows Out as UBA Chairman, Names Successor

Tony Elumelu Bows Out as UBA Chairman, Names Successor

Gloria Francis- July 6, 2026

United Bank for Africa Plc (UBA) has announced the retirement of its Group Chairman, Tony Elumelu, after 12 years on the Board of Directors, in ... Read More

Divorce Rumour: Family Pleads with Elumelu for Forgiveness after Teen’s Arrest

Divorce Rumour: Family Pleads with Elumelu for Forgiveness after Teen’s Arrest

Gloria Francis- May 5, 2026

The sister of 18-year-old social media user and UTME candidate, Kingsley Akunemeihe, has appealed to billionaire businessman Tony Elumelu to forgive her brother following his ... Read More

Crisis Hits Tony Elumelu’s AEDC as 800 Staff Lose Jobs

Crisis Hits Tony Elumelu’s AEDC as 800 Staff Lose Jobs

stringnewsng- November 7, 2025

The Abuja Electricity Distribution Company (AEDC), owned by Tony Elumelu’s Transcorp Group, has plunged into crisis following the sack of over 800 employees, a move ... Read More