by Chinwe Okafor They may have played a little music for him too. Musical duo, Peter and Paul of Psquare were spotted having a power meeting with the Heirs Holding boss, Tony Elumelu at his office.
by Muyiwa Matuluko For all the debate about lack of funding for African tech startups, things are about to make a turn for better in 2015. The Tony Elumelu Foundation is looking to provide 1000 entrepreneurs from across the continent with $10,000 in seed funding. The funding will be provided via the new Tony Elumelu Foundation Entrepreneurship... Read More
by Isi Esene Forbes Magazine has released a list of 50 Richest Tycoons in Africa with Chairman of Heirs Holding, Tony Elumelu and former Abia State Governor, Orji Uzor Kalu standing up to be counted. Apart from Elumelu and Kalu, King Mohammed VI of Morocco is the only other newcomer making an entry with a net worth... Read More
by Isi Esene Ventures Africa, an African business magazine and news service, has launched its second annual ranking of Africa’s wealthiest people. The Richest People in Africa list remains the most comprehensive compilation of the continent’s wealthiest individuals. In 2014, Ventures Africa counted 55 African billionaires with a net worth totalling $161.7 billion, a 12.4%... Read More
by Isi Esene The United Bank for Africa (UBA) Board Chairman, Tony O Elumelu, has announced the donation of $1million, to assist the fight against Ebola, currently present in three West African countries, where UBA does business: Sierra Leone, Liberia and Guinea. The gift will be distributed through the UBA Foundation, UBA’s corporate social responsibility... Read More
by Laila Ibrahim On Thursday, 16 October, President Goodluck Jonathan credited the Nigerian populace for the successful halt of the spread of the Ebola Virus Disease, saying that the cooperation of Nigerians helped in stopping the virus in its tracks. Jonathan made the comments at the Presidential Villa, in Abuja, during the Elumelu Nigeria Empowerment Fund,... Read More
by Azubuike Azikiwe The Chairman, House of Representatives Committee on Health, Hon. Ndudi Elumelu, has declared his intention to run for governorship of Delta State at the 2015 elections. Elumelu, who is the younger brother of renowned banker and Chairman of Heirs Holdings, Tony Elumelu, made the announcement at St. Michael’s Catholic Church, Onicha-Uku in... Read More
by Tunji Andrews In an interesting twist which many industry analysts feel may open the door for more comebacks, the Board of Directors of United Bank for Africa Plc (UBA) have appointed Mr. Tony O. Elumelu as Chairman of the Board of Directors of UBA. Elumelu, who is also Chairman of Heirs Holdings, the pan-African... Read More
by Isi Esene Tony Elumelu, the former Managing Director of the United Bank for Africa Plc (UBA) has been appointed by the bank board as its Chairman. The appointment was made public on Monday in a statement released by the Bank’s MD/CEO, Phillips Oduoza. Elumelu, who is the chairman/CEO of Heirs Holdings, the pan-African proprietary investment... Read More
by Kolapo Olapoju At the fund raising dinner for the ‘Victims Support Funds’, held last night, 31 July, at the Banquet Hall of the Aso Rock Villa, Abuja, an estimated N60 billion was raised, according to state radio service, Voice of Nigeria. The victims support funds’ was recently inaugurated by President Goodluck Jonathan to cater... Read More
by Akintomiwa Agbaje Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Tony Elumelu, addressed Secretary-General Ban Ki Moon, the UN General Assembly and the Economic and Social Council (ECOSOC) on “The Role of Partnerships in the Implementation of the Post-2015 Development Agenda” on April 9, 2014. Representing the African private sector, Mr.... Read More
by Tolu Orekoya He is demanding and a perfectionist; a man who strives for excellence without compromise and more than a few have crashed and burned, unable to keep up with his exacting standards. He is a man driven by vision, who sees his home country and his continent not without hope, but as opportunities... Read More
by Isi Esene The Future Awards Africa 2013 will be formally opened by Nigeria’s President Goodluck Jonathan at a special event celebrating the ‘Best 100′ – past winners at State House, Abuja, on Sunday 15 December. The series of events will hold across the week until the 2013 awards ceremony, which holds on the 20th... Read More
by Adeola Balogun Nigeria’s place as the giant of Africa has been further highlighted as a list of the continent’s most influential citizens have been revealed with Nigerians dominating the list. The list was published by Pan African publication, “New African” and shows just how much clout Nigerians hold in the African continent. The list... Read More
Tony Elumelu is easily one of the richest men in Africa with businesses spanning different sectors of the economy including banking, oil and gas, power, agriculture and more. The prude investor is, however, increasingly known for his investment in African businesses and grooming the continent’s next generation of business leaders through his Tony Elumelu Foundation. In... Read More
by Peregrino Brimah The cabal, which includes the likes of Aliku Dangote, Femi Otedola, Olusegun Obasanjo, Tony Elumelu and in this particular case, Elizade motors, most likely sat down with the government and looked for what loophole to raiding the money of the masses and taking over available small businesses they had not yet usurped.... Read More
by Okechukwu Nnamdi My advice to Celestine and his team is to Bootstrap and find inexpensive ways of achieving progress. They should find a niche for their business and be aggressive. A few years ago I would spend hours at my office desk reading stories on techcrunch about American startups that got funded. I remember... Read More
by Akan Ido The Future Awards Africa (TFAA) Honourees reception which took place yesterday at Heirs Holdings, Ikoyi, Lagos saw music sensation, Iyanya gracing the red carpet with beautiful Emma Nyra. Iyanya was his usual bubbly self and Emma Nyra can’t look more sexy in her monochrome outfit perfectly accentuating her stunning figure. The evening... Read More
One of Africa’s most influential entrepreneurs, Tony O. Elumelu, CON, will be hosting the 10 honourees for the African Young Person of the Year Prize to an exclusive reception and mentorship session, today, 16th August, at the Heirs Holdings office, Lagos, Nigeria. The reception is another highlight in the schedule of exclusive events to celebrate... Read More
by Editi Effiong Last night, I read that post by the co-founder of tiketmobile, and was really saddened, but without a lot of pity. It’s sad that he had to shutter up, and power down a business that must have been his big dream. But then, someone has to fail for the business schools to have case... Read More
by Seyi Taylor 1. Hindsight is 20/20. And Not Even Then. We don’t know the terms Jason offered for his $25,000 and I won’t speculate. What I do know is that for some reason (arrogance, optimism, stupidity, fear, all of the above), Celestine Ezeokoye & the team were convinced that not taking $25,000 from Jason... Read More
by Celestine Ezeokoye Also, history has shown us that most innovators aren’t the ones who finance their innovations to commercial profitability. Hence these initial costs are usually monies injected into the business by third-parties – by investors. On Friday Tony Elumelu, the renowned business mogul would be meeting with the tech/start-up community at the Co-Creation... Read More
by Isi Esene When you have Alhaji Aliko Dangote, entrepreneur extraordinaire and Chairman of the Dangote Group, flying with Tony Elumelu, economist, banker, investor, philanthropist and Chairman of Heirs Holdings, it is safe to imagine what the topic of discussion might be. Finance, of course. A Facebook update from Elumelu reads: “Richest black man on earth,... Read More
by Femi Longe In a country with high levels of unemployment, jobs far outnumber skilled developers in the sector. The best hands are either already in a job, have their own start-ups that they are nursing to life or charge a premium beyond what most start-ups can afford. There wasn’t any of the usual patriotic uproar... Read More
by Isi Esene This might be a bit hard to believe but president Goodluck Jonathan disclosed yesterday that he is struggling to build his house at Otuoke village, Bayelsa State. Jonathan who disclosed this at a fundraiser for the St. Stephens Anglican Deanery and Youth Development Centre, Otuoke said he might have to give out... Read More
by Simon Kolawole I have argued on this page a million times that our problem is not so much our ethno-religious differences but how we manage the negative symptoms of these differences. How do you preach love when blood-thirsty men are lurking around, looking for their next victim – in the name of God? But... Read More
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