SEC Approves Elumelu, Heirs Holdings’ Plan To Increase Stake In Transcorp To 35.94%
The Securities and Exchange Commission (SEC) has granted approval to Mr.Tony Elumelu, Dr. (Mrs.) Awele Vivien Elumelu, and Heirs Holdings Limited to increase their combined shareholding in Transnational Corporation (Transcorp) Plc to 35.94 percent. This move, achieved through direct and indirect share purchases, underscores a significant consolidation of control within one of Nigeria’s leading conglomerates. […]
Read MoreUBA Aims To Deepen Its Global Expansion With N239.4bn Rights Issue Proceeds
United Bank for Africa (UBA) Plc is set to deepen its global presence by investing in key financial hubs, including the United Kingdom (UK), the United States of America (USA), France, and the United Arab Emirates (UAE). This move, announced by the Group Chairman, Mr. Tony Elumelu, aims to enhance the bank’s international operations and […]
Read MoreUBA Group To Begin Full Banking Operations In France
United Bank for Africa (UBA) Group is set to commence full banking operations in France following a landmark business cooperation agreement signed by its Chairman, Mr. Tony Elumelu, during President Bola Ahmed Tinubu’s state visit to France. The agreement, endorsed in the presence of French President Emmanuel Macron and President Tinubu, was finalised with the […]
Read More