Also known as: Mr Elumelu · Tony O. Elumelu · Mr. Tony Elumelu · TOE · Mr. Elumelu
Tony Elumelu — founder and chairman of Heirs Holdings; stepped down as UBA Group Chairman in August 2026 after 12-year tenure and was appointed Seplat Energy chairman effective January 2027.
News reports
Order a long-term news report on Tony Elumelu
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
The Chronicle
… He recalled meeting Nigerian billionaire Tony Elumelu and being shocked by the amount he told him he was investing in a Nigerian artist, whom he believes is the future of Afrobeats. …
Nigerian billionaires are the engine behind their successful Artistes -SarkodieJoy Online
… He recalled meeting Nigerian billionaire Tony Elumelu and being shocked by the amount he told him he was investing in a Nigerian artist, whom he believes is the future of Afrobeats. …
Billionaires fund Nigerian artists – SarkodieJoy Online
The Chairman of Heirs Holdings, Tony Elumelu, has called for a fundamental shift in Africa’s development model from dependence on foreign aid to trade, investment, entrepreneurship and private sector-led growth. …
UBA Group Chairman calls for fundamental shift in Africa’s development modelThe Chronicle
… Chairman of Zenith Bank Jim Ovia and Chairman of Heirs Holdings Tony Elumelu were among other financial experts that graced the historic Refinery’s IPO signing ceremony held in Lagos State. …
Drivers, Cooks, everybody will now have stakes in the Refinery, Dangote declaresJoy Online
Yesterday, a video went viral in which Nigerian billionaire and Group Chairman of UBA, Tony Elumelu, inadvertently drew the attention of a young female mentee at a public event to the fact that she could not simply refer to him by his first name. …
Context Matters: Understanding the Tony Elumelu First-Name Debate – Afanyi Dadzie writesJoy Online
A young lady has gone viral after UBA Group Chairman, Tony Elumelu, corrected her for addressing him by his first name during an interactive session at the bank’s Graduate Management Accelerated Programme graduation ceremony on Thursday. …
VIDEO: I don’t subscribe to Oyinbo life, Nigeria’s Elumelu schools lady for calling him by first nameThe Chronicle
United Bank for Africa (UBA) has announced that its Group Chairman, Tony Elumelu, will conclude his 12-year tenure on August 21, 2026, with Emmanuel N. …
Elumelu To Step Down As UBA Chairman, Nnorom Named SuccessorJoy Online
United Bank for Africa Plc (UBA) has announced the retirement of its Group Chairman, Tony O. Elumelu, from the Board of Directors effective August 21, 2026. …
Tony Elumelu retires as UBA Group Chairman after 12 years; Emmanuel Nnorom takes overBusiness & Financial Times
Tony Elumelu has been elected as the next Chairman of Seplat Energy . He will succeed the current Chairman, Senator Udoma Udo Udoma, effective January 2027, ushering in a new chapter of leadership as the company continues its growth and transformation journey, said a board statem …
Tony Elumelu appointed chairman of Seplat EnergyJoy Online
The Board of Directors of Seplat Energy has announced Tony Elumelu as the next Chairman of the company. …
Tony Elumelu appointed chairman of Seplat EnergyRapper Sarkodie has stated that Nigerian artistes' global success is driven by substantial financial support from billionaires and business executives, unlike Ghanaian artistes who often make music independently. He urged Ghanaian business leaders to follow Nigeria's example and invest in their own artists.
22 October 2026 · The Chronicle →
Rapper Sarkodie has stated that Nigerian artistes' global success is driven by substantial financial support from billionaires and business executives, unlike Ghanaian artistes who often make music independently. He urged Ghanaian business leaders to follow Nigeria's example and invest in their own artists.
22 October 2026 · The Chronicle →
Rapper Sarkodie says Nigerian artists receive substantial financial support from billionaires and business executives, unlike Ghanaian artists who often make music without such backing. He urged Ghanaian business leaders to emulate Nigerian counterparts in investing in local talent.
20 October 2026 · Joy Online →
Tony Elumelu, chairman of Heirs Holdings, called for Africa to shift from dependence on foreign aid to trade, investment, entrepreneurship, and private sector-led growth. He urged global investors to view Africa as a commercial investment destination with high-return opportunities rather than a monolithic aid-dependent continent.
6 October 2026 · Joy Online →
Aliko Dangote announced that the Dangote Refinery's Initial Public Offering will allow ordinary Nigerians, including drivers and cooks, to buy shares in the 650,000 barrels per day facility. The IPO will offer 4.1 billion ordinary shares at ₦525.00 per share, with applications opening September 14, 2026 and closing October 9, 2026.
8 September 2026 · The Chronicle →
An op-ed argues that the debate over whether a young woman should address Nigerian billionaire Tony Elumelu by his first name reflects differing cultural norms: Africa and Asia are high-context cultures where formality is expected, while Western societies are low-context cultures with different conventions.
21 August 2026 · Joy Online →
UBA Group Chairman Tony Elumelu corrected a young woman during a graduate program ceremony for addressing him as "Tony" rather than "Mr Elumelu" or "TOE," saying he does not subscribe to informal corporate culture. The exchange sparked mixed reactions on social media, with some supporting his stance and others arguing the woman may have been following modern workplace norms.
20 August 2026 · Joy Online →
United Bank for Africa announced that Group Chairman Tony Elumelu will conclude his 12-year tenure on August 21, 2026, with Emmanuel N. Nnorom named as his successor. UBA credited Elumelu with transforming the bank from a Nigerian institution into "Africa's Global Bank."
8 July 2026 · The Chronicle →
United Bank for Africa announced that Group Chairman Tony O. Elumelu is retiring from the Board effective August 21, 2026, after completing a 12-year tenure limit prescribed by Nigeria's Central Bank for Non-Executive Directors. Emmanuel N. Nnorom, a chartered accountant with over 40 years of banking and finance experience, has been elected as his successor.
7 July 2026 · Joy Online →
Tony Elumelu has been elected chairman of Seplat Energy, succeeding Senator Udoma Udo Udoma in January 2027. Engr. Effiong Okon has also been appointed Chief Executive Officer, effective 1 August 2026.
11 June 2026 · Business & Financial Times →
Tony Elumelu, founder and chairman of Heirs Holdings, has been appointed chairman of Seplat Energy effective January 2027, succeeding Senator Udoma Udo Udoma. Engr. Effiong Okon was also appointed Chief Executive Officer, commencing 1st August 2026.
10 June 2026 · Joy Online →
The Board of Seplat Energy has announced Tony Elumelu as the next Chairman, succeeding Senator Udoma Udo Udoma effective January 2027. The board has also appointed Engr. Effiong Okon as Chief Executive Officer from 1st August 2026.
10 June 2026 · Joy Online →