Tony Elumelu Increases UBA Stake with N43.91 Billion Share Purchase
Tony Elumelu, the Chairman of United Bank for Africa (UBA), has expanded his ownership by acquiring shares worth N43.91 billion in the bank over a two-day span. A regulatory filing from UBA’s Group Company Secretary, Bili Odum, revealed that these transactions took place between May 29 and May 30, 2025. During this period, Elumelu purchased…