Chairman of Transcorp Group, Mr Tony Elumelu, has said that Nigeria’s ambition to build a $1tn economy cannot be realised without urgent and sustained efforts to address challenges in the country’s electricity sector. Elumelu, who spoke on Wednesday at the company’s Annual General Meeting held in Abuja, said access to reliable power remains the single…
The International Monetary Fund (IMF) has appointed Tony Elumelu, founder and group chair of Heirs Holdings, to its advisory council on entrepreneurship and growth, convened by Kristalina Georgieva, IMF managing director. The entrepreneur’s appointment was announced in a statement on Friday. The IMF advisory council comprises global business leaders, policymakers, and academics, dedicated to identifying…
Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God, Kemi Badenoch, member of the House of Parliament and Opposition Leader of the Conservative Party, and Tony Elumelu, chairman of the United Bank for Africa (UBA) have been recognised among the 100 Most Reputable Africans for 2025. The list which was released…
The founder and chairman of Heirs Energies, Mr Tony Elumelu has asked the Nigerian government and security agents to disclose those behind oil theft in the country. Elumelu spoke in an interview published by the Financial Times (FT) on Friday. Elumelu said oil theft contributed to the divestment of international oil companies in Nigeria. “Who…
