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Again, Billionaire Businessman, Tony Elumelu, Expands His Coast

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Tony Elumelu

You must think long-term so that short-term failure doesn’t hold you down. No doubt, this is the abiding philosophy of respected banker and businessman, Tony Elumelu.

As an entrepreneur who made it to the top despite all odds, the Group Chairman of United Bank for Africa, UBA always thinks long term. Besides, Elumelu knows how rewarding taking a bold risk can be.

In 1997,  the Delta State-born  entrepreneur  had led a small group of investors to take over a small, financially distressed commercial bank. A few years after, the bank became one of the top five banks  in Nigeria, metamorphosing into UBA.

As of now, UBA has subsidiaries in 20 African countries, the United States of America and United Kingdom.

Ten years ago, he established the Tony Elumelu Foundation (TEF), and four years into his philanthropy adventure, Elumelu used his earnings to make a bold pledge to commit $100 million to 10,000 African entrepreneurs in 10 years through the TEF Entrepreneurship Programme, a Pan-African entrepreneur mentorship and training programme.

Today, the foundation has empowered over 9,000 people across Africa. Not yet sated, the 57-year-old Chairman of Heirs Holdings, in spite of the COVID-19 crisis changing the economic and business landscape, and wreaking economic disruption across the globe, is pitching investors to put their bets on the Africa’s economy.

In other words, Elumelu is advocating maximal use of the period to think outside the box-a message he has been telling the nearly 9,000 African entrepreneurs in his Entrepreneurship Programme.
“Necessity is the mother of invention.

We need to innovate. We need to keep thinking,” Elumelu says. While some see investing during the crisis as a gamble, Elumelu, who loves to lead by example knows how taking a bold risk can be rewarding.

Biased by this, Elumelu’s Heirs Holdings recently applied to the insurance industry regulator, the National Insurance Commission (NAICOM) to register two companies: Heirs Life Assurance Limited and Heirs Insurance Limited, respectively.

The applications, we  gathered, had been treated based on the statutory provisions of the law for the registration and licensing of insurance companies, and have received necessary approvals from NAICOM.

Those who are aware of this intelligent businessman are already welcoming the Elumelu’s entrance into the insurance market, knowing that anything he touches turns into gold.

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Aare Adetola Emmanuelking Honored with Prestigious OSCOTECH Fellowship Award

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Esa-Oke, Osun State — The Chairman and CEO of Adron Group, Aare Adetola Emmanuelking, has been conferred with the prestigious 2024 Osun State College of Technology (OSCOTECH) Fellowship Award (FOSCOT). The honor was presented during the institution’s 8th Combined Convocation Ceremony, in recognition of his outstanding achievements and enduring contributions to society.

The event, held at the OSCOTECH campus in Esa-Oke, Osun State, witnessed a gathering of prominent dignitaries, including the Executive Governor of Osun State, Senator (Dr.) Ademola Adeleke; members of the Osun State House of Assembly; Permanent Secretaries; and esteemed royal majesties, including Oba Adeyemi Akanbi and Oba Festus Kayode Awogboro. The fellowship award was also conferred upon other distinguished individuals, including the Owaniran of Esa-Oke, Oba Adeyemi Adediran, and Yeyeluwa Modupeola Adeleke Sanni, sister to the Osun State Governor.

In his acceptance speech, Aare Emmanuelking expressed heartfelt gratitude for the recognition, reflecting on his transformative journey from a student at OSCOTECH to a successful entrepreneur and community leader. He stated, “Twenty-seven years ago, I walked these very grounds as a student, full of dreams and aspirations, like many of you here today. My time at OSCOTECH shaped the foundation of who I am today, instilling in me not just technical skills but the values needed to unleash my boundless potential.”

Aare Emmanuelking further extended his appreciation to Governor Ademola Adeleke, the Rector of OSCOTECH, Dr. S.A.O. Adegoke, and the entire OSCOTECH community for the esteemed honor. He also commended the institution’s staff for their unwavering dedication to academic excellence and called on alumni to uphold the legacy of OSCOTECH by contributing to its growth and development.

This recognition underscores Aare Emmanuelking’s relentless commitment to fostering societal progress through innovation, leadership, and philanthropy. The Adron Group Chairman’s contributions to the housing sector and community empowerment continue to set a benchmark for excellence and service.

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Tayo Ayinde, other topshots, Honour Ikeja APC Chairman At Son’s Wedding

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It was an atmosphere filled with love when the families, friends and associates of Mayegun Adekunle Dally-Adeokun, Olori-ebi of Adeokun-Olaboyede(Olisa) royal family, Ijebu-Ode honoured him and his beautiful wife, Evangelist Olayide, in Ibadan, Oyo state at the walimatul-Nikkah of his son, Lukmon Adekunle Jnr to his beau, Faahidat Omowunmi, delectable daughter of Alhaji Suleyman and Alhaja Tawakalit Balogun on Saturday, 23 November 2024 .

The colour of the day, Teal Green and Magenta ruled the hall of the Citron Events Centre as guests turned out glamourously to celebrate with the couple.

The solemnization of the union was done in a strict Islamic tradition. Nikkah lecture was given by Sheikh Dr. Bashir Ayodeji Eleshinmeta, Ansar-ud-Deen Society, Missioner, Oyo State. Are Dr. Abdul Rafiu Ademola Sanni, President, Ansar ud deen Society( Nigeria and overseas) was the father of the day.,

Distinguished guests at the wedding included: Oba Abdul Rasheed Adesanya, FCA, Olisa of Ijebu-Ode; Hon. Tayo Ayinde, Chief of staff to Lagos Governor, Babajide Sanwoolu; Hon Seyi Lawal, member, Lagos House of Assembly, representing Ikeja State Constituency I; Hon Damola Kasunmu, member of Lagos State House of Assembly representing Ikeja State Constituency II; Alhaja Afusat Abioro, Iyasuna of Ikeja; and Engr Mojeed Balogun, Chairman, Ikeja Local Government Area among others.

The Nikkah was followed by a classy reception and after party where guests were treated to continental and traditional dishes even as drinks flowed freely

 

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Oando Boss, Wale Tinubu, Celebrates Alake of Egbaland at 80

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Alake of Egbaland

The Group Chief Executive, Oando Group, Mr. Adewale Tinubu, CON, has felicitated the Alake of Egbaland, Oba Adedotun Aremu Gbadebo, on his 80th birthday.

The oil mogul, in a message made available today, Thursday  September 14, 2023 congratulated the revered and respected monarch, who is also the Chairman of Oando Group, on the milestone.

Tinubu wrote: “I felicitate the Chairman of Oando, His Royal Majesty, the Alake of Egbaland, on his landmark 80th birthday.

Kabiyesi, your leadership and wisdom have been a beacon of inspiration to us all, and we, who have been privileged to know and work with you, have been positively impacted by you.

“80 years is truly a blessing from God, and I wish you good health, and many more years of impactful leadership.

“May your reign be blessed with continued success and your legacy forever etched in history. Kabiyesi o.”

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