Tony O. Elumelu, C.F.R

Today’s United Bank for Africa Plc (UBA) is the product of the merger of Nigeria’s third and fifth largest banks, namely the old UBA and the erstwhile Standard Trust Bank Plc (STB) respectively, and a subsequent acquisition of the erstwhile Continental Trust Bank Limited (CTB). The union emerged as the first successful corporate combination in the history of Nigerian banking.

UBA’s history dates back to 1948 when the British and French Bank Limited (BFB) commenced business in Nigeria and… Show more

Today’s United Bank for Africa Plc (UBA) is the product of the merger of Nigeria’s third and fifth largest banks, namely the old UBA and the erstwhile Standard Trust Bank Plc (STB) respectively, and a subsequent acquisition of the erstwhile Continental Trust Bank Limited (CTB). The union emerged as the first successful corporate combination in the history of Nigerian banking.

UBA’s history dates back to 1948 when the British and French Bank Limited (BFB) commenced business in Nigeria and the erstwhile STB and CTB both in 1990. Following Nigeria’s independence from Britain, UBA was incorporated in 1961 to take over the business of BFB. Although today’s UBA emerged at a time of industry consolidation induced by regulation, the consolidated UBA was borne out of a desire to lead the domestic sector to a new era of global relevance by championing the creation of the Nigerian consumer finance market, leading a private/public sector partnership at supporting the acceleration of Nigeria’s economic development, and growing the institution from a banking to a one-stop financial services institution, while spreading its footprints across Africa to earn the reputation as the face of banking in the continent.

Today, United Bank for Africa Plc is one of Africa's leading financial institutions offering universal banking to more than 35 million customers across 1,000 branches in 20 African countries. With presence in New York, London, Paris and Dubai and assets in excess of $21billion, UBA is your partner for banking services for Africans and African related businesses globally. Show less

Transcorp is a diversified strategic investor with core interests in the following sectors: agribusiness, hospitality, real estate/facilities management, and energy. Transcorp is committed to being actively engaged in these sectors of the national economy to stimulate growth and build a viable business enterprise that will be the pride of its shareholders. Transcorp serves as the vehicle that will mobilize capital on a large scale while investing locally on major projects.

The vision is… Show more

Transcorp is a diversified strategic investor with core interests in the following sectors: agribusiness, hospitality, real estate/facilities management, and energy. Transcorp is committed to being actively engaged in these sectors of the national economy to stimulate growth and build a viable business enterprise that will be the pride of its shareholders. Transcorp serves as the vehicle that will mobilize capital on a large scale while investing locally on major projects.

The vision is “To be the most dominant conglomerate in Africa over the next 5 – 7 years (2016)”

Transcorp shares are traded on the Nigerian Stock Exchange. Show less

The Tony Elumelu Foundation is an Africa-based and -funded not-for-profit institution, dedicated to the promotion and celebration of excellence in business leadership and entrepreneurship across Africa.

As a 21st century catalytic philanthropy, the Foundation is committed to driving the continent’s economic growth from within by proving the African private sector can itself be the primary generator of economic development.

Founded in 2010 by Tony O. Elumelu, CON, the Foundation… Show more

The Tony Elumelu Foundation is an Africa-based and -funded not-for-profit institution, dedicated to the promotion and celebration of excellence in business leadership and entrepreneurship across Africa.

As a 21st century catalytic philanthropy, the Foundation is committed to driving the continent’s economic growth from within by proving the African private sector can itself be the primary generator of economic development.

Founded in 2010 by Tony O. Elumelu, CON, the Foundation identifies and addresses systemic challenges that inhibit African entrepreneurs.

The Tony Elumelu Foundation is also a pioneer in the adoption of impact investing as a means of catalysing economic change. Unlike most philanthropies, the Foundation sees grants as only one of a set of effective philanthropic tools and believes that for the start up and small and growing business segments, impact investing can be a more sustainable means of capitalisation because of the entrepreneurial rigor that comes with requiring a financial return.

In all that it does, the Foundation is be guided and supported by a committed advisory board who themselves represent excellence in the African and international business worlds. Show less

Heirs Holdings is a leading pan-African investment company. Its investment portfolio spans the power, oil and gas, financial services, hospitality, real estate, and healthcare sectors, operating in twenty-three countries worldwide.

Heirs Holdings is inspired by Africapitalism, the belief that the private sector is the key enabler of economic and social wealth creation in Africa. Driven by this philosophy, Heirs Holdings invests for the long-term, bringing strategic capital, sector… Show more

Heirs Holdings is a leading pan-African investment company. Its investment portfolio spans the power, oil and gas, financial services, hospitality, real estate, and healthcare sectors, operating in twenty-three countries worldwide.

Heirs Holdings is inspired by Africapitalism, the belief that the private sector is the key enabler of economic and social wealth creation in Africa. Driven by this philosophy, Heirs Holdings invests for the long-term, bringing strategic capital, sector expertise, a track record of business success, and operational excellence to its portfolio companies. Show less