Tag: Tony Elumelu

Nigerian President praises Tony Elumelu on 63rd birthday as TEF lifts 2.1 million Africans out of poverty

Nigerian President hails Tony Elumelu as TEF lifts 2.1 million Africans out of poverty and creates 1.5 million jobs.

Omokolade Ajayi Omokolade Ajayi

$4.2 billion in African revenue linked to Tony Elumelu Foundation, CEO Somachi Chris-Asoluka says

Tony Elumelu Foundation-backed startups have generated $4.2 billion in revenue and created over 1.5 million jobs in Africa.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Tony Elumelu backs African entrepreneurs with $100 million over 15 years

Nigerian billionaire Tony Elumelu has invested over $100 million in African startups over 15 years, supporting 24,000 entrepreneurs.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaires Elumelu, Rabiu meet Macron to strengthen Africa-France ties

Elumelu and Rabiu meet Macron at Élysée Palace to strengthen investment and trade ties between France and Africa.

Omokolade Ajayi Omokolade Ajayi

Billionaire Tony Elumelu takes time off in France’s Biarritz after historic growth across his business empire

Nigerian billionaire Tony Elumelu takes a break in France following major financial gains across banking, energy, and hospitality ventures.

Omokolade Ajayi Omokolade Ajayi

Tony Elumelu’s Transcorp hits N1 trillion in assets; dividend doubles

Tony Elumelu’s Transcorp tops N1 trillion in assets as revenue and profit surge across power and hospitality businesses.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Tony Elumelu’s Seplat stake surges to $700 million, up $210 million

Tony Elumelu’s Seplat stake climbs to $700 million, gaining $210 million in 55 days as shares surge on gas output growth.

Omokolade Ajayi Omokolade Ajayi

Tony Elumelu honours Chief Ogbue’s legacy in Africa’s transformative banking era

Nigerian billionaire Tony Elumelu honors Chief Ogbue, reflecting on his leadership and legacy in shaping Africa’s transformative banking era.

Omokolade Ajayi Omokolade Ajayi

Afriland, UBA partner on diaspora real estate investment 

Afriland Properties Plc partners United Bank for Africa Plc to offer verified real estate options for Nigerians in the diaspora.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian billionaire Tony Elumelu backs President Tinubu on youth, power reforms

Tony Elumelu meets President Tinubu, supporting youth entrepreneurship, power sector reforms, and economic growth in Nigeria.

Omokolade Ajayi Omokolade Ajayi

Tony Elumelu’s Seplat stake tops $600 million weeks after $496 million purchase

Tony Elumelu’s Seplat Energy stake has climbed above $600 million, weeks after a $496 million acquisition reshaped Nigeria’s energy sector.

Omokolade Ajayi Omokolade Ajayi

Transcorp Power revenue tops $290 million in 2025, backing Nigeria’s power push

Transcorp Power posts $290 million revenue in 2025, boosting output and supporting Nigeria’s power sector growth.

Omokolade Ajayi Omokolade Ajayi