Tony Elumelu's United Capital acquires 5-percent stake in Nigerian Exchange Group
Billionaires Africa | 16.06.2026 13:15
Tony Elumelu's reach across African finance has grown again. United Capital, the Pan-African investment banking and financial services group associated with the Nigerian financier, has completed the acquisition of a 5% equity stake in the Nigerian Exchange Group, securing a meaningful slice of one of the most important institutions at the heart of the country's financial system.