The Keynote Address at the ACP Business Summit 2019 Nairobi, Kenya

▪ Good evening Ladies and Gentlemen ▪ Our Host, His Excellency, Uhuru Kenyatta, President of Kenya ▪ Presidents of the member states of the African, Caribbean and Pacific Group of States present here today ▪ Patrick Gomes, Secretary-General of the ACP ▪ Distinguished captains of industry and guests present here today ▪ I would like […]

Tony Elumelu Dedicates the AABLA Philanthropist of the Year Award to Young African Entrepreneurs

Johannesburg, South Africa, December 5, 2019 Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation (TEF) and Chairman, Heirs Holdings and United Bank for Africa Group, received the All Africa Business Leaders’ Awards (AABLA) yesterday in Johannesburg. In the acceptance speech delivered by Ifeyinwa Ugochukwu, CEO of the Tony Elumelu Foundation, Elumelu dedicated the […]

Tony Elumelu to Receive National Productivity Order of Merit (NPOM) Award from the Federal Government of Nigeria

Tony O. Elumelu, CON, Founder of The Tony Elumelu Foundation (TEF) and Chairman of the United Bank for Africa Group (UBA) and Heirs Holdings, will be conferred with the National Productivity Order of Merit (NPOM) Award by the President of the Federal Republic of Nigeria, H.E. Muhammadu Buhari, GCFR in recognition of his continuous hard work and total commitment to the empowerment of youths […]

Elumelu Emerges First African to Receive the Dwight D. Eisenhower Global Entrepreneurship Award

The Group Chairman, Heirs Holdings, United Bank for Africa Plc (UBA) and Founder, Tony Elumelu Foundation becomes first African to receive the prestigious award. New York City, U.S.A, December 5th, 2017; The Business Council for International Understanding (BCIU), a non-profit U.S Business association dedicated to forging relationships and promoting dialogue between business and government communities across […]

Elumelu: Multiple taxation kills 95% of small businesses in Nigeria

Tony Elumelu, Chairman of the proprietary investment company, Heirs Holdings, says multiple taxations and levies kill 95 percent of small and medium scale businesses in Nigeria. Elumelu made this statement on Thursday while speaking at the Lagos Business School Alumni Association 2017 Alumni Day in Lagos. He said five percent of the small businesses that […]

Chairman, Heirs Holdings, Tony O. Elumelu Retires as AFC Non-executive Director

The Africa Finance Corporation (AFC) has announced that Mr. Tony Elumelu, a non-executive director of the corporation has decided to retire from its board, after nine years of “meritorious service.” Elumelu, according to a statement yesterday, was a founding director and the first chairman of the corporation’s risk and investment committee, which he chaired for […]

Elumelu Emphasises Collaboration and Integration in Increasing Trade and Investment Opportunities across the African Continent

Casablanca, Morocco, 25th February 2016 – Tony Elumelu, CON, Chairman, Heirs Holdings, UBA Plc and Transcorp Plc, spoke today on the Role of the African Private Sector in the Continent’s Development and Regional Integration to a gathering of over 1,500 African business leaders at the 4th International African Development Forum in Casablanca which commenced yesterday and ended today […]