UBA Group to Commence Full Banking Operations in France
As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand. The agreement is a significant indication of support by the French Government for […]
Speaking For Africa: Abu Dhabi, London & Rome – Fostering Partnerships & Championing a New Africa
Africa’s transformation will only be achieved by us, Africans. However, I believe in partnership, in all aspects of life. To unlock Africa’s potential and create a future of inclusive growth, sustainable development, and mutual prosperity, we must forge partnerships and create platforms for all voices to be heard and to catalyse the change we want […]
Empowering Africa: Collaborative Solutions for Youth Empowerment and Economic Development.
Earlier this week, I joined Jutta Urpilainen, European Union Commissioner for International Partnerships, to discuss the EU’s approach to the Sahel. Impressive engagement by the EU – it was refreshing, there was mutual respect – TEF and European Union Commissioner for International Partnerships have worked closely together on female entrepreneurship. It was good that the […]
Oramah’s Developmental Commercial Banking Idea needs Elumelu’s Africapitalism.
Professor Benedict Oramah’s recent articulation of Development Commercial Banking is very compelling. According to him, Development Commercial Banking is “… a careful blend of investment banking and commercial banking aimed at delivering three outcomes, namely positive socioeconomic impact to society, as well as solid financial returns and goodwill to the bank”. Professor Oramah is the […]
Growth, Gratitude, and Impact.
Today is about impact, reflection, and gratitude. In 2015, Awele and I made a commitment to empower 10,000 African entrepreneurs, over 10 years, through the Tony Elumelu Foundation Entrepreneurship Programme. I recall vividly that full room, as I shared my dreams of changing the lives of young Africans. I remembered the chances and opportunities that […]
Illuminating Nigeria’s Future: Transcorp Power’s Milestone Listing on the NGX.
Yesterday, was a proud day for me: Transcorp Power listed its shares via introduction on the Main Board of the Nigerian Exchange (NGX), adding more than N1.8 trillion to the market capitalization of NGX. Transcorp Power gained 10% and closed its first day of trading at N264 per share up from listing price of N240. […]
TOE COP28 Soundbites.
At a series of events across COP28, I delivered a single message to world leaders; Africa needs to be heard, Africa’s future is the world’s future and the continent that is most impacted by and the least contributor to climate change, needs our attention. With African youth set to make up one third of global […]
Nigeria at 63: Collective Actions to foster Nation-Building.
Happy independence everyone! As we celebrate another year of independence, it is time to reflect, to look in the mirror, for our nation and ourselves. We know Nigeria, we love Nigeria, Nigeria is one of Africa’s most diverse and dynamic countries. We are a nation that excites, beguiles, and dreams. Yet, amidst our diversity and […]
EXCLUSIVE: Tony Elumelu Speaks with Richard Quest on ‘Quest Means Business’.
‘Every year, we identify one thousand Africans and give them a non-refundable seed capital of $5000 each, we train them, mentor them and set them free. We train them because we have seen that if you give someone capital without preparing the person, they won’t succeed. Through what we do at The Tony Elumelu Foundation, […]
Tony Elumelu X Bloomberg: Nigeria’s Economy, Monetary Policy, Impact on the Naira, and Energy Investments.
‘I believe that there’s so much private global capital seeking the right investment destination. All it takes is for the right leadership and people will come there.’ Today, I joined Alix Steel and Guy Johnson on Bloomberg Market to discuss discusses Nigeria’s economy, monetary policy and its impact on the naira, and energy investments. Click […]