Tony Elumelu Sets to Strengthen Grip on UBA as HH Capital Acquires 70 Million Units of Shares in UBA

Tony Elumelu Sets to Strengthen Grip on UBA as HH Capital Acquires 70 Million Units of Shares in UBA

HH Captial, a special-purpose vehicle company owned by Nigerian billionaire investor Tony Elumelu, has acquired additional 70 million shares, estimated at N560 million, in the bank. Elumelu is the Board Chairman of UBA, a tier 1 Nigerian bank. LEGIT NEWS reports.Information Guide Nigeria According to sources, the disclosure was contained in a notice of share … Read more