Elumelu: Africa needs massive capital for investments

…we continue to support critical projects that uplift communities   The Founder, The Tony Elumelu Foundation, Mr. Tony Elumelu, has reaffirmed that African continent needs massive capital for investments. Elumelu, also the Chairman of United Bank for Africa (UBA), stated this on his X handle while reflecting on his visit to Abidjan, Côte d’Ivoire, for the launch of @UnitedCapital’s West African headquarters. According to him, “yesterday, I was in Côte d’Ivoire to mark a new milestone in our pan-African journey: launching @UnitedCapital’s West African headquarters. This is a major step in our mission…

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African Banker Awards: Cardoso emerges Central Bank Governor Of The Year

Cardoso Following reforms initiated in the last two years as the head of Central Bank of Nigeria (CBN), the Governor, Olayemi Cardoso, has emerged the Central Bank Governor of The Year at the African Banker Award. The awards ceremony, which held last night on the sidelines of the African Development Bank Annual Meetings in Abidjan, Côte d’Ivoire, and attended by 500 of the continent’s leading lights in banking and finance, saw Cardoso winning the prize in the keenly contested category. According to a statement issued by the organisers, Cardoso has…

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Elumelu: Future belongs to nations with investments in Africa

The Chairman, Heirs Holdings, Mr. Tony Elumelu, has called on countries interested in future greatness to invest in Africa. The prolific investor, who dropped the hint on his X handle while attending the Fintech Summit in Dubai on Monday, said the future belonged to nations that invest in Africa today with opportunities spanning electricity, mass transit, and digital connectivity. Emphasising that Africa is open and ready for business, Elumelu, who is also the Chairman, United Bank for Africa (UBA) and Founder, The Tony Elumelu Foundation, said: “Africa does not need…

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Elumelu: AFC Doing Better Than Envisaged

Chairman, United Bank for Africa (UBA), Mr. Tony Elumelu, has commended the tremendous progress recorded by the Africa Finance Corporation (AFC) under the successive chief executive officers since inception. In his remarks at the AFC Day in London recently, Elumelu, who is a founding member of the Corporation, described the current CEO of AFC, Samaila Zubairu, as a unifier and a great person. The Conference was Themed: ‘AFC As a Gateway to Global – Africa Trade and Investment.’ According to him, “as founders of AFC, we had big aspirations and…

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Global Push For A Ghanaian Cardinal To Succeed Pope Francis?

…his election would mark a historic moment Pope Francis who introduced some radical reforms into the Catholic fold passed on Easter Monday at 88. As the tradition entails, a Conclave is already underway to prepare the ground for a new pope. Whike the faithful mourn, there appear to be an underground push for the emergence of the first black Pope in the history of Catholicism as the only black man among the Cardinals, Cardinal Peter Turkson, 76, a Ghanaian, is up in the bar to succeed Francis. As reported by…

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Adeyanju: How We Arrived At N200, 000 Minimum Wage For Our Workers

The Peesident-General, Maritime Workers Union of Nigeria (MWUN), Comrade Adewale Adeyanju, in this interview with Sunday Ojeme, speaks on challenges in the shipping sector and steps taken to improve workers’ welfare. How has government policies been affecting the mariritme sector of recent? It’s affecting us severely. The vessel traffic has gone below the global standard. Vessels that used to come with 500 containers now come with just 100 containers and that has impact on the workers in such a company. The economic impact is coming to the workers because the…

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ASCSN Flays Abuja Office Invasion By Bola-Audu, Others

The Association of Senior Civil Servants of Nigeria (ASCSN) has said its office in Area 7 at the Federal Capital Territory, Abuja, was on Wednesday invaded by Bola-Audu Innocent and some other people believed to be thugs. In a press statement issued in Lagos, the ASCSN Secretary-General, Comrade Joshua Apcbo, stated that a detachment of police in Abuja was taking steps to clear the office of hoodlums. Bola-Audu Bola-Audu has been in court with the current leadership of the Association, laying claims to the position of the president. The statement…

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Groom’s Father Hires 100 Planes To Transport Guests To Son’s Wedding

Indian billionare, Mukesh Ambani, has arranged a fleet of 100 planes, including three Falcon 2000 jets, to ensure guests arrive in style for Anant Ambani and Radhika Merchant’s wedding at Mumbai’s Jio World Convention Centre. The highly anticipated wedding of Anant Ambani, the youngest son of Mukesh Ambani, Asia’s richest man, to Radhika Merchant, daughter of businessman, Viren Merchant, is set to be a grand affair. Both families have already hosted several extravagant ceremonies attended by prominent figures from around the world, including business leaders, CEOs, political figures, celebrities, and…

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ASR Africa Begins Construction Of N250m Sports Complex In UniJos

The Abdul Samad Rabiu Africa Initiative (ASR Africa), the philanthropic initiative of the Chairman of BUA Group, Abdul Samad Rabiu (CFR, CON), has kicked off the construction of the N250 million sports complex for the University of Jos. The sporting facility, which is situated at the Naraguta campus of the university, is set to consolidate the preparedness of the university in hosting the Nigerian Universities Games Association (NUGA). The facility will feature a 300-seater spectator stand, changing rooms, a lawn tennis court, and a basketball court. Speaking at the event,…

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Junior Pope: Obi Commiserates With Nollywood Stakeholders

The Presidential candidate of Labour Party in the 2023 election, Mr. Peter Obi, has expressed shock over the reported death of Nollywood actor, Pope Obumneme Odonwodo, popularly known as Junior Pope. Obi, in a condolence message on his X handle, said he was shocked by the reports of the death of yet another vibrant Nollywood actor. According to him, “our entertainment industry, and indeed our dear nation, is once again thrown into mourning, by the death of this young talented actor. “Junior Pope was known for his energetic acting, always…

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