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AFRICA NIGERIA Finance Issue dated 27/08/2020

Finance tycoon Tony Elumelu seeks funds for his personal holding company

Tony Elumelu, the chairman of the Nigerian banking giant United Bank for Africa.
Tony Elumelu, the chairman of the Nigerian banking giant United Bank for Africa. © Reuters
Best known as the chairman of the Nigerian giant United Bank for Africa, Elumelu also presides over his family holding company Heirs. Active in the fields of finance, oil and real estate, it has been seeking financing for its hotels since July. [...] (331 words)
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