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What’s Nigerian banking’s next chapter after billionaire Tony Elumelu’s exit?

Tony Elumelu, chairman of United Bank for Africa (UBA), Nigeria. Photo: Facebook/Tony Elumelu.
Tony Elumelu, chairman of United Bank for Africa (UBA), Nigeria. Photo: Facebook/Tony Elumelu.

Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • Elumelu exits after maximum regulatory tenure.
  • Retirement reflects Nigeria’s banking transformation.

 

LAGOS, NIGERIA – Tony Elumelu’s retirement as chairman of United Bank for Africa marks the end of an era that helped reshape Nigerian banking into a continental force.

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