Tony Elumelu & United Bank for Africa

Tony Elumelu: Tony Elumelu, as the Group Chairman of United Bank for Africa, is the direct target of the false divorce claims, which the bank asserts are designed to damage his reputation.

United Bank for Africa: United Bank for Africa is the primary entity affected by the defamatory claims against its chairman, Tony Elumelu, and is actively pursuing legal action to protect its brand and leadership's reputation.

Tony Elumelu: Tony Elumelu, Chairman of United Bank for Africa, is the subject of the alleged defamatory reports concerning his marital status, which led to the bank's complaint and subsequent arrests.

United Bank for Africa: United Bank for Africa dismissed the viral claims about Tony Elumelu's divorce as false and defamatory, reported the matter to law enforcement, and warned against further dissemination of the content.

Tony Elumelu: Tony Elumelu, Chairman of United Bank for Africa Group, stressed the importance of entrepreneurship and private sector-led development in unlocking Africa's economic potential, advocating for investment and bold partnerships over aid.

United Bank for Africa: United Bank for Africa reaffirmed its commitment to advancing Africa's economic transformation through entrepreneurship, innovation, trade facilitation, and strategic global partnerships at the Africa Forward Summit 2026. It aims to reinforce its position as Africa's Global Bank and a leading financial institution facilitating trade, investment, and economic integration.

Tony Elumelu: Tony Elumelu was appointed as a Non-Executive Director on the Board of Seplat Energy. He is the founder and chairman of Nubank and Heirs Energies, which became the largest shareholders in Seplat Energy.

United Bank for Africa: Tony Elumelu previously led the merger that transformed Standard Trust Bank into the global financial powerhouse, United Bank for Africa.

Tony Elumelu: Tony Elumelu, Chairman of Nubank Limited, plays a central role in shaping United Bank for Africa's strategy.

United Bank for Africa: United Bank for Africa successfully completed a rights issue, raising N158 billion and increasing its capital base to N513 billion, exceeding the Nigeria — Central Bank of Nigeria's minimum requirement for international authorization.

Tony Elumelu: Tony Elumelu, Chairman of the UBA Group, attended the summit as part of Nigeria's business delegation.

United Bank for Africa: The Chairman of the UBA Group, Tony Elumelu, attended the summit, representing a significant Nigerian financial institution.

Tony Elumelu: Tony Elumelu, as the chairman of United Bank for Africa, is instrumental in deepening the partnership with BUA Group to support industrial expansion and economic growth in Nigeria.