The Chairman, United Bank for Africa (UBA) Plc, and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has stressed the need for global organisations and multinational institutions to support the much-needed growth in the African continent; adding that ultimately, such growth will affect the world positively. Elumelu, who pointed this out on the side-lines of […]
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…with equities market sustained gains Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu, has expressed confidence in Nigeria’s economic recovery on the back of fiscal and monetary policies that have steered the country in the right direction. Elumelu who stated this on the eve of his departure for the […]
Read More The Tony Elumelu Foundation says it is now accepting applications for business ideas that can transform Africa. The programme, which is in its fourth cycle, is TEF’s 10-year, $100m commitment to identify, train, mentor and fund 10,000 African entrepreneurs by 2024, according to a statement by the foundation. The foundation said prospective applicants could visit […]
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Chairman of Heirs Holdings, Mr. Tony Elumelu has called for the restructuring of government regulations and taxation to support business growth in Nigeria. He made the call at the Lagos Business School Alumni Association 2017 Conference held in Lagos. Elumelu, who was guest speaker at the occasion, spoke on the conference theme: “The Effects of […]
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Mr. Tony Elumelu, the Chairman, Heirs Holdings, on Thursday, blamed multiple taxes and levies from government for the death of about 95 per cent of Small and Medium Enterprises (SMEs) within their first one year of operation in Nigeria. Elumelu said this at the Lagos Business School Alumni Association (LBSAA) “2017 Alumni Day” in Lagos […]
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Hilton and Transcorp Hotels Plc, a subsidiary of Transnational Corporation of Nigeria Plc, has announced the signing of a 20-year extension to the current agreement to manage the iconic Transcorp Hilton hotel in Abuja. The agreement will see Hilton manage the property until 2037. The hotel, which is a national landmark for having hosted countless […]
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The Chairman, Heirs Holding, Mr. Tony Elumelu, says microfinance banks and small businesses are crucial to economic growth He said efforts by the MFBs including Lift Above Poverty Organisation to enhance job creation through lending to small businesses were enhancing economic growth. He therefore said necessary support in terms of ease of doing business, consistent […]
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Few Africans have talked about pan Africanism and made it happen. And one of such people is Tony Elumelu, the self appointed champion of AFRICAPITALISM -Afrocentric entrepreneurship aimed at stimulating economic growth towards the elimination of poverty in the continent of Africa. The banker turned entrepreneur through his HEIRS holding-a diversified conglomerate, has in the […]
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The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entrepreneurship, concluded its 3rd annual TEF Entrepreneurship Forum on 14th of October 2017 in Lagos. The Forum hosted more than 1,300 participants from 54 African countries. The most diverse and inclusive gathering of African entrepreneurs on the continent, the Forum continued its strong tradition […]
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The Tony Elumelu Foundation (TEF) has created over 160,000 direct and indirect jobs across Africa in three years. Also, the foundation which is dedicated to catalysing entrepreneurship, announced its third annual TEF Entrepreneurship Forum, scheduled to hold on October 13-14 in Lagos, as one of the most diverse annual gatherings of African entrepreneurs and SMEs. […]
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The Chairman of Heirs Holding and United Bank for Africa (UBA) Mr. Tony Elumelu has advised President Muhammdau Buhari to reconsider the ownership structure of the Electricity Distribution Companies (DisCos) with a view to taking over controlling shares of the firms. He spaoke on the sidelines of ongoing 23rd Nigerian Economic Summit holding in Abuja. […]
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Chairman, United Bank for Africa Plc, Mr. Tony Elumelu, has called on the National Assembly to pass progressive bills that will impact positively on the economy, following Nigeria’s exit from recession. Elumelu, who is also the chairman of Heirs Holding Limited, made the call in Abuja shortly after he was conferred with the Fellowship of […]
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