BUSINESS

Tony Elumelu calls his Foundation his most valuable investment

Daily Dispatch January 6, 2026

Billionaire investor and philanthropist Tony Elumelu has said that the Tony Elumelu Foundation (TEF) represents the most rewarding investment he has ever made, even surpassing the numerous businesses he has built under Heirs Holdings. Elumelu made the remark during a light-hearted rapid-fire

BUSINESS

Tony Elumelu to get N1.68 billion in UBA dividend payment

Daily Dispatch September 25, 2025

Billionaire investor Tony Elumelu, Chairman of United Bank for Africa (UBA), will get paid a combined dividend of N1.68 billion following the bank’s interim payout of 25 kobo per share for the first half of 2025. While his direct stake brings in about N375.4 million, the bulk of his earnings will come from his indirect […]

BUSINESS

Elumelu boosts UBA stake with N43.91bn share purchase

Daily Dispatch June 4, 2025

Chairman of United Bank for Africa (UBA), Tony Elumelu, has significantly increased his ownership in the bank by acquiring additional shares worth ₦43.91 billion over a two-day period. According to a regulatory disclosure filed with the Nigerian Exchange Group by UBA’s Group Company Secretary, Bili Odum, the transactions took place between May 29 and May […]

BUSINESS

UBA empowers customers with instant connectivity via new USSD advance top-up feature

Daily Dispatch May 28, 2025

In a bold move to further streamline mobile banking and meet customer needs on the go, United Bank for Africa (UBA) Plc has introduced Advance Top-Up, a new feature on its USSD platform, *919#, designed to ensure customers stay connected even when they run out of airtime or data. The service, accessible by dialing 9199#, […]

BUSINESS

Building to Last: Nurturing Excellence, Crafting Future African Leaders at UBA

Daily Dispatch October 7, 2023

By Tony Elumelu  Some moments resonate as profoundly remarkable in life, where dreams are born from humble beginnings and transformed into extraordinary realities. As I stood before 700 UBA graduate trainees, drawn from across Africa, I thought of the long journey that brought me to where I am today.  A journey that began with the […]