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Tony Elumelu drew a sharp line under corporate informality during a graduate trainee event in Lagos on Thursday. A young participant stood up and greeted the billionaire banker with a casual “Good morning, Tony”. The chairman of United Bank for Africa promptly rejected the greeting, telling her to use “Mr Elumelu” or his corporate initials,…
A brief exchange between United Bank for Africa Group Chairman, Tony Elumelu, and a young graduate over how he should be addressed has reopened a familiar argument in Nigerian workplaces about titles, hierarchy and the widening gap between traditional deference and the first name informality favoured by a younger, globalised generation. The moment, captured…
United Bank for Africa has named Emmanuel Nnorom as its incoming group chairman to succeed Tony Elumelu, who will retire from the board on August 21, 2026. The Tier-1 financial institution announced the leadership transition following a board meeting in Lagos. Elumelu leaves the post after completing the maximum twelve-year tenure permitted for non-executive directors…
The Tony Elumelu Foundation (TEF) has officially announced the opening dates for its flagship 2026 Annual Grant program, reinforcing its decade-long commitment to catalyzing African entrepreneurship. Applications for the highly competitive program will be accepted from January 1 to March 1, 2026. Widely recognized as one of the continent’s most comprehensive entrepreneurship support initiatives,…
