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Tony Elumelu

Energy FEATURED Latest TOP STORIES 

Elumelu’s Heirs Energies Inks $750m Afreximbank Loan to Drive Growth

December 21, 2025December 21, 2025 Markets Reporters 0 Comments Afreximbank, Heirs Energy, Tony Elumelu

Heirs Energies Limited, an indigenous Nigerian integrated energy company, has executed a $750 million financing with the African Export–Import Bank

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FEATURED Latest Thinkpiece TOP STORIES 

Looking towards an African Century: Tony Elumelu

March 14, 2025March 14, 2025 Markets Reporters 0 Comments African century, Tony Elumelu

by Tony Elumelu Global economies are undergoing a massive transformation, shaped by shifts in geopolitics, culture, demographics, technology, and volatile

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Economics FEATURED Latest TOP STORIES 

Transcorp’s profit nearly triples to N94bn, dividend rises

March 8, 2025March 8, 2025 Markets Reporters 0 Comments Tony Elumelu, Transcorp

Transnational Corporation Plc, chaired by tycoon Tony Elumelu, posted a profit after tax of N94.09 billion last year, up from

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FEATURED Latest Stocks TOP STORIES 

Elumelu’s HH Capital offers to buy 2.03 million shares from other Transcorp investors

December 23, 2024December 23, 2024 Markets Reporters 0 Comments HH Capital, Tony Elumelu, Transcorp

HH Capital Limited, controlled by business tycoon and Heirs Holdings chair Tony Elumelu, is poised to buy up to 2,032,399

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FEATURED Latest Stocks TOP STORIES 

Transcorp’s half-year profit surges nearly four-fold

July 26, 2024July 26, 2024 Markets Reporters 0 Comments Tony Elumelu, Transcorp

Transnational Corporation Plc reported a profit before tax of N70.9 billion for the first half of this year, up 283%

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FEATURED Latest Stocks TOP STORIES 

Elumelu’s wife buys 2.06 billion shares in Transcorp

May 13, 2023May 13, 2023 Markets Reporters 0 Comments Awele Elumelu, Tony Elumelu, Transcorp

Dr Awele Elumelu, the wife of the Chairman of Transnational Corporation Plc, Mr Tony Elumelu, has bought 2,063,484,991 shares of

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FEATURED Latest Stocks TOP STORIES 

‘Two captains can’t man a ship’: Otedola says Elumelu bought him out of Transcorp

May 9, 2023May 9, 2023 Markets Reporters 0 Comments Femi Otedola, Tony Elumelu, Transcorp

The Chairman of Geregu Power Plc, Mr Femi Otedola, has opened up on why he sold the shares of Transnational

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FEATURED Latest Stocks TOP STORIES 

Transcorp falls 38% after boost from Otedola, Elumelu’s stock-buying spree

May 5, 2023May 6, 2023 Markets Reporters 0 Comments Femi Otedola, Tony Elumelu, Transcorp

Transnational Corporation Plc has seen its share price decline by almost 38 percent from a peak of N3.12 last week. 

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FEATURED Latest Stocks TOP STORIES 

Geregu, Transcorp halt stock market’s seven-day winning streak

May 3, 2023May 3, 2023 Markets Reporters 0 Comments Femi Otedola, Geregu Power, NGX, Nigerian stocks, Tony Elumelu, Transcorp

The Nigerian stock market closed in the red on Tuesday after seven consecutive days of gains as Geregu Power Plc

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Economics FEATURED Latest TOP STORIES 

Elumelu’s foundation, EU to empower 2,500 African women

December 11, 2020December 11, 2020 Markets Reporters 0 Comments EU, Tony Elumelu, Tony Elumelu Foundation

The Tony Elumelu Foundation announced on Friday a partnership with the European Union to identify, train, mentor and fund 2,500

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