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    Elumelu dismisses appointment as CBN governor

    David GreatBy David GreatSeptember 2, 2023No Comments1 Min Read
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    Tony Elumelu raises stake in UBA with N1.5bn share acquisition
    Tony Elumelu, chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation
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    Tony Elumelu, chairman of Heirs Holdings and founder of the Tony Elumelu Foundation has dismissed claims that he is considered the next Governor of the Central Bank of Nigeria (CBN).

    Elumelu, a former Managing Director of United Bank for Africa (UBA), one of Nigeria’s leading commercial banks made the dismissal when reacting to a social media post on Friday.

    An X user, Imran Muhammad had in a post on June 12, 2023, claimed that President Bola Tinubu was considering the renowned banker as the next head of the Nigerian apex bank.

    “According to a source, President Tinubu is also considering Tony O. Elumelu as CBN Governor,” he wrote. Eighty-one days later, he reacted to the post, “LOL. No please. This is false news,” he said in a post on X.

    Since he retired from UBA in 2010, he has channelled his energy into his Foundation. The Foundation promotes entrepreneurship in Africa and empowers young people to achieve their dreams of building businesses.

    In 2020, he was named on Time’s list of the 100 most influential people in the world.

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    Plateau residents frown over aborted twins found in refuse dump

    Plateau residents frown over aborted twins found in refuse dump

    March 27, 2026
    CBN orders banks to block loan defaulters from new credit

    CBN officially blacklists top loan defaulters

    March 27, 2026
    Troops have eliminated six suspected bandits and seized weapons and communication devices during coordinated strikes carried out this week.

    Troops kill six terrorists, rescue eight in northern operations

    March 27, 2026
    Iran behind terrorism in Nigeria - Israel

    Israel opposition says troop shortage could trigger ‘security disaster’

    March 27, 2026
    2027: Soludo urges south-east to back Tinubu re-election

    Soludo suspends civil servants after surprise secretariat visit

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