United Bank for Africa and Heirs Holdings

Elumelu advocates tightened noose, N50bn cap for insurance firms Barbara Bako, Abuja The Chairman, United Bank for Africa and Heirs Holdings, Tony Elumelu, said the current economic realities of rising inflation and and dwindling vue of Naira at the foreign exchange market call for recapitalisation of insurance companies in Nigeria. Elumelu, who is also the…