Transnational Corporation of Nigeria Plc, (Transcorp Plc) has been named the preferred bidder for Afam Electricity Generation Company (GenCo) in furtherance of government’s efforts to increase electricity generation through private sector investments. Transcorp was successful with its offer of N105.3 billion (about $293 million) for the power plant, which operates a natural-gas fired power plant […]
The Tony Elumelu Foundation (TEF) today pledged N500 million to create an entrepreneurship programme for indigenes of Delta State. The founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, made the commitment after presenting 50 beneficiaries of the TEF Entrepreneurship Programme to the state Governor Ifeanyi Okowa, in Asaba. He said: “Your Excellency, […]
L-R: Chairman, United Bank for Africa, Mr. Tony Elumelu; CEO, Nigerian Stock Exchange, Mr. Oscar Onyeama and Group Managing Director/CEO, United Bank for Africa, Mr. Kennedy Uzoka, during the official ceremony to announce the migration of United Bank for Africa Plc and three other companies to the Premium Board of the Nigerian Stock Exchange on […]