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Tony Elumelu Gifts Nollywood Star Charles Okocha $50,000 Cash for Christmas

Billionaire businessman and philanthropist Tony Elumelu has reportedly gifted Nollywood actor Charles Okocha the sum of $50,000 as a Christmas gesture.

The report surfaced on Wednesday, December 24, 2024, following a video circulating on social media showing the actor in a state of high excitement. In the video, Okocha popularly known as “Phenomenal” is seen celebrating the cash gift, which converts to approximately 80 million Naira at current parallel market rates.

Tony Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA), is well-known for his philanthropy through the Tony Elumelu Foundation, though his foundations typically focus on entrepreneurship seed capital.

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