“Africa Needs Partners, Not Charity” — Tony Elumelu Urges Shift from Aid to Investment
African business magnate and philanthropist Tony Elumelu has called for a fundamental redefinition of Africa’s relationship with the global community, urging that the continent be treated as a partner in progress rather than a recipient of charity.…
Tony Elumelu Foundation Partners with UAE Entities to Boost African Entrepreneurship
The Tony Elumelu Foundation (TEF) has entered into a groundbreaking $6 million partnership with the United Arab Emirates Office of Development Affairs and the Khalifa Bin Zayed Al Nahyan Foundation to empower 1,000 young African entrepreneurs. This…
Tony Elumelu Demands Action on Oil Theft, Says Government Should Expose Perpetrators
Nigerian businessman, Tony Elumelu while speaking out against oil theft in Nigeria, believes the government and security agents should be able to identify those responsible for stealing the country’s crude oil, especially when it’s being…
Obazee Report Exposes UBA’s Fraudulent Diversion Of N3.9bn NESI Funds
It was gathered by Hobnob News reports that the Tony Elumelu’s United Bank For Africa fraudulently diverted a princely sum of N3.9 billion NSEI funds, according to the Jim Obazee report on the activities of the Central Bank of Nigeria [CBN] under its…
The Private Sector Is Encouraged By President Tinubu’s Bold Decisions — Tony Elumelu
Billionaire businessman and Chairman of HEIRS Holdings and Transcorp PLC, Mr Tony Elumelu, has averred that President Bola Ahmed Tinubu made good decisions for the country. Elumelu made this known at the Presidential Villa, Abuja, on Tuesday after…