EFCC Arrests Three For Impersonating Christian Cleric
Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, Â have arrested three suspected fraudsters -Â ...
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President Tinubu Celebrates UBA Chair, Tony Elumelu At 61
PRESIDENT Bola Tinubu on Friday congratulated the Chairman of the Board of the United Bank for Africa, Mr. Tony Elumelu, on his 61st birthday. The congratulatory message was contained in a statement signed by Tinubu’s Special Adviser on Media and…
Tony Elumelu Of Heirs Holdings Took An N41.5b Loan @15% Interest Rate Per Annum And Defaulted – CBN
THERE are still many of them roaming freely in an opulence lifestyle. If the CBN published all the names of defaulters, there are about 20 of them owing over N5 trillion Naira. The past government set up a committee through…
How Elumelu’s Heirs Holdings Borrowed N41.8bn From UBA At Far Lower-than-market Interest Rate
TONY Elumelu’s Heirs Holdings got loans totalling N41.823 billion from the United Bank for Africa (UBA) at 15 percent interest rate, Economy Post has found. Elumelu is both the chairman of UBA and Heirs Holdings. He is also the founder…
Hilda Baci, Seun Kuti, Tony Elumelu, Others Top African Social Chart
NIGERIAN chef, Hilda Bassey Effiong, better known as Hilda Baci, made it to number 1 on this week’s Africa Social Chart released by Top Chart Africa. The Social Charts uses Social Media and Google analytics to determine the most talked…
Femi Otedola Sells Shares In Transcorp To Tony Elumelu
POPULAR Nigerian billionaire Femi Otedola has sold his 6.3% stake in Transnational Corporation Plc (Transcorp) to its chairman, Tony Elumelu. The group chairman of Transcorp, Elumelu, purchased Otedola’s shares on Thursday using Transcorp’s closing price at an options contract due…
Elumelu’s HH Capital Acquires 25.58% In Transcorp Plc
HH Capital is a company (Special Purpose Vehicle) owned by billionaire investor Tony Elumelu and appears to be an acronym for Heirs Holdings. A public search of the company reveals the directors are Tony Elumelu, Awele Vivien Elumelu, Obinna Ufudo…
FG Probes Theft in $1.1bn Oil Well
THE largest oil and gas field financing transaction of about $1.1bn – Oil Mining License 17, owned by billionaire business tycoon, Tony Elumelu, is currently under investigation following the uncovering of an illegal oil bunkering facility connected to it, The…
NDLEA To Collaborate With Traditional Rulers in Fight Against illicit Drug Trafficking
THE National Drug Law Enforcement Agency (NDLEA) is to collaborate with all stakeholders including traditional rulers and community gatekeepers to...
Sophia Momodu Files 102-Paragraph Affidavit To Oppose Singer, Davido Over Joint Custody of Daughter
Sophia Momodu has filed her defence in a lawsuit insisted by a Nigerian musician, Davido, whose real name is...
72-Year-Old Woman Killed While Visiting Farm, Buried In Shallow Grave In Edo
A 72-year-old woman, Mrs. Veronica Akazuma has been killed and buried in a shallow grave on a farm in Afuze...