The Minister of Works, Senator David Umahi, yesterday met behind closed doors with prominent members of Nigeria’s business community to deliberate on new strategies of engaging the private sector in providing financing for the nation’s road infrastructure. The meeting, which was part of a series of consultations over the involvement of the private sector in infrastructural development, was held at …

The wife of billionaire businessman, Tony Elumelu, Dr. Vivian Awele, and a company he founded, HH Capital Limited, have acquired 23,196,236 units of the shares of the United Bank for Africa (UBA). This was revealed in corporate notices on insider trading filed with the Nigerian Exchange Limited on Monday. Mrs Elumelu bought a total of 9,624,441 units of UBA shares …