…raises equity control by 1.26bn shares
Tony Elumelu, billionaire chairman of United Bank for Africa (UBA) Plc has consolidated his equity stake in the Tier 1 lender, by acquiring additional 1.26 billion shares in deals worth about N44 billion.
Elumelu bought purchased these shares from May 29 – May 30, 2025, at an average price of N34.64.
