Business A.M
No Result
View All Result
Sunday, May 24, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home News

UBA cracks down on malicious Elumelu divorce rumour

3 arrested in probe of false publication 

by Onome Amuge
May 4, 2026
in News
UBA cracks down

UBA cracks down on malicious Elumelu divorce rumour has issued a rebuttal to what it describes as a “false, defamatory, and malicious” report circulating across social media platforms alleging that Tony O. Elumelu,its group chairman, has divorced his wife.

 

In a statement released from its Lagos headquarters, the pan-African financial institution dismissed the claims as entirely fabricated and deliberately crafted to mislead the public while inflicting reputational damage on both its chairman and the bank’s corporate image. The bank emphasized that the allegations lack any factual basis and constitute a coordinated attempt to spread misinformation.

 

United Bank for Africa confirmed that it has escalated the matter to law enforcement authorities, resulting in the arrest of three individuals allegedly linked to the creation and dissemination of the false narrative. The individuals named are Kingsley Akunemeihe, also known online as @Directorkem; Chigozie Success Ihebom; and John Surpruchi Nwanorue, identified as @problemchimky.

   ALSO: Access Holdings targets efficiency, returns, value in new growth agenda

According to the bank, investigations remain ongoing and are expected to expand, with authorities pursuing additional suspects connected to what UBA describes as a broader defamatory campaign. The institution underscored its zero-tolerance stance toward misinformation, particularly content capable of undermining stakeholder confidence in its leadership and governance.

 

The statement signed by Alero Ladipo, group head, brand, marketing & corporate communication, further issued a cease-and-desist directive to all individuals, digital platforms, and entities involved in publishing or amplifying the claims. It mandated the immediate removal of the content, a halt to further dissemination, and the preservation of all relevant digital records (including metadata and communication trails), for potential legal proceedings.

 

The bank warned that non-compliance would trigger legal action, including claims for defamation, damages, and injunctive relief under applicable laws. It reiterated its commitment to protecting its brand integrity and the personal reputation of its chairman.

 

“Failure to comply will result in the initiation of legal proceedings, including claims for defamation, injunctive relief, damages, and any other remedies available under applicable law,” the group stated. 

 

Onome Amuge

Onome Amuge serves as online editor of Business A.M, bringing over a decade of journalism experience as a content writer and business news reporter specialising in analytical and engaging reporting. You can reach him via Facebook ,X and  LinkedIn

Previous Post

British Airways: Building world’s largest business class, by cutting 88 economy seats

Next Post

Nigeria’s fiscal outlook gets  riskier on UAE’s OPEC exit 

Next Post
Nigeria’s fiscal

Nigeria’s fiscal outlook gets  riskier on UAE’s OPEC exit 

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

FairMoney

FairMoney targets Nigeria’s mobility economy with new asset financing initiative

May 24, 2026
Africa

How Africa Can Escape the Debt Trap

May 23, 2026
Interest Rates Can’t Control Today’s Inflation

Interest Rates Can’t Control Today’s Inflation

May 23, 2026
Billionaires

The War on Billionaires Is Dangerous Nonsense

May 23, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

FairMoney

FairMoney targets Nigeria’s mobility economy with new asset financing initiative

May 24, 2026
Africa

How Africa Can Escape the Debt Trap

May 23, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M