Connect with us

/">

BIG STORY

Tony Elumelu Named In ‘TIME 100’ List Of The 100 Most Influential People In The World 2020

Avatar

Published

on

TIME has named Tony O. Elumelu, one of Africa’s leading investors and philanthropists, in the 2020 TIME100, the annual list of the 100 most influential people in the world.

The list, now in its seventeenth year, recognises the activism, innovation, and achievement of the world’s most influential individuals. Mr Elumelu, who is one of only four Africans on the 2020 list, is recognised for his track record of business turnaround and value creation, and economic empowerment of young Africans.

Tony Elumelu is the Founder and Chairman of Heirs Holdings, his family owned investment company, committed to improving lives and transforming Africa, through long-term investments in strategic sectors of the African economy, including financial services, hospitality, power, energy and healthcare. He is  the Chairman of top pan-African financial services group, the United Bank for Africa (UBA), which  operates in 20 countries in Africa, the United Kingdom, France, and is the only African bank with a commercial deposit taking licence in the United States. The bank provides corporate, commercial, SME and consumer banking services to more than 21 million customers globally.  Elumelu also chairs Nigeria’s largest quoted conglomerate, Transcorp,  whose subsidiaries include Transcorp Power, one of the leading generators of electricity in Nigeria and Transcorp Hotels Plc, Nigeria’s foremost hospitality brand.

Mr Elumelu is the most prominent champion of entrepreneurship in Africa. In 2010, he created The Tony Elumelu Foundation (TEF), the philanthropy empowering a new generation of African entrepreneurs, catalysing economic growth, driving poverty eradication and ensuring job creation across all 54 African countries. Since inception, the Foundation has funded just under 10,000 entrepreneurs and created a digital ecosystem of over one million as part of its ten year, US$100m commitment through the TEF Entrepreneurship Programme.  Self-funded, the Foundation is increasingly sharing its unique ability to identify, train, mentor and fund young entrepreneurs across Africa, with institutions such as the UNDP, the ICRC and leading European development agencies.

Heirs Holdings, which serves as a corporate role model for African businesses, and the Tony Elumelu Foundation will both celebrate 10 years of impact in November. Their mission continues to be inspired by Mr Elumelu’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.

The full list of the 2020 TIME100 and tributes appear on time.com/time100.

BIG STORY

BREAKING: Buhari Presides Over Security Council Meeting

Avatar

Published

on

The President, Major General Muhammadu Buhari (retd.), is currently presiding over a meeting of the National Security Council at the Council Chamber of the Presidential Villa, Abuja.

The meeting which started at about 11 am is holding amidst violence in parts of the country.

Vice-President Yemi Osinbajo; National Security Adviser, Major General Babagana Monguno (retd.); Chief of Defence Staff, General Gabriel Olonisakin; the Chief of Army Staff, Lieutenant General Tukur Buratai; Chief of Naval Staff, Vice Admiral Ibok Ekwe Ibas, and the Chief of Air Staff, Air Marshal Sadique Abubakar are among those in attendance.

Also present are the Inspector General of Police, Mohammed Adamu; Director-General of the Department of State Services, Yusuf Bichi; and Director-General, National Intelligence Agency, Ahmed Rufa’i.

Details later…

Continue Reading

BIG STORY

Video Footage Of Lekki Shooting Will Be Submitted To Judicial Panel —- Gov. Sanwo-Olu

Avatar

Published

on

Babajide Sanwo-Olu, governor of Lagos state, says the video footage of the shooting at Lekki tollgate will be submitted to the judicial panel on police brutality.

The governor said this during a live programme on ARISE TV on Thursday.

”Nobody ordered the removal of cameras at the Lekki tollgate. The MD of LCC said because of the curfew, they made the decision to take out installations,” he said.

”The cameras you saw are not security or motion cameras, they are laser cameras for vehicles. The security cameras are still available and we are using them for our security investigations.”

On Tuesday, soldiers opened fire on protesters who had converged on the tollgate to protest against police brutality.

The judicial panel was set up following protests against police brutality. It has already commenced sitting.

More to follow…

Continue Reading

BIG STORY

Buhari Must Address Nigerians, Senate Spokesperson, Ndume Insist

Avatar

Published

on

The Spokesperson for the Senate, Dr. Ajibola Basiru, and the Chairman, Senate Committee on Army, have asked the President, Major General Muhammadu Buhari (retd.), to comply with the National Assembly’s resolutions on the ongoing nationwide protests against police brutality and bad governance.

Part of the resolutions of the federal lawmakers included an appeal to Buhari to address the nation immediately on the issue.

Basiru and Ndume lamented the current situation in the country, especially the killing of innocent protesters by soldiers.

Ndume said, “I have monitored with shock and personal indignation, the turnout of events on the #EndSARS protest with evidence of obvious descent of the country, particularly in the South-West of Nigeria, after the reckless and disturbing incident at Lekki Tollgate on Tuesday evening.

“As a student, who was involved in several protests, I see no reason for the display of outright recklessness by shooting into unarmed protesters by whoever; governmental or otherwise.

“As an elected representative of the people of Osun Central in the Senate, I deprecate the clear lackadaisical attitude of the Federal Executive to the lingering anarchy and destruction of lives and property.

“At the sitting of the Senate on Tuesday, October 20, 2020, it was resolved that the President should address the nation, not knowing that the evening of that day will bring about more sinister dimensions to the already deteriorated situation.”

Ndume also insisted that Buhari must address the nation immediately in order to reduce the tension.

He said, “Mr President should talk to Nigerians. The Senate has passed a resolution, even though it is advisory, I think it is worth giving the necessary consideration. The parents of the protesting youths should also calm down their children.

“Those who are protesting now should know that the government has accepted their demands. They should be organized under a leadership, which will now follow up on the five-point demand, which the government is already considering.

“Any unconnected process without leadership would always end up in chaos,” he added.

Continue Reading




JoIn Us On Facebook


Live COVID-19 statistics for
World
Confirmed
41,220,369
Recovered
28,116,565
Deaths
1,131,337
Last updated: 3 minutes ago






Most Popular

COVID-19 LIVE UPDATE

BE SAFE, STAY AT HOME