Ifeanyi was born as the first son of seven children to Mr. & Mrs. Alphonsus Ubah in lugbe, a small town in Abuja(f.c.t). Due to the inability of his parents to cater for the educational and material needs of their children, Ifeanyi dropped out of Premier academy , Lugbe, abuja to learn trade at a young age. He has attended several local and international business courses and seminars in leadership and business management.
Ifeanyi became an exporter of motor tyres and spare parts majorly in West Africa including Ghana, Sierra Leone, Liberia and DR Congo before he expanded his business ventures in some countries in Europe including Belgium and the United Kingdom.
In 2001, he founded Capital Oil and Gas Limited. He is the founder of The Authority Newspaper, a Nigerian daily newspaper and also the owner of Ifeanyi Ubah F.C., a football club in the Nigeria Premier League, following its purchase as Gabros International Football Club.
In 2014, Ifeanyi Ubah lost at the 2014 Anambra gubernatorial election under the platform of the Labour Party. On 24 February 2019, Ifeanyi Ubah declared winner of the Anambra South Senatorial elections under the)platform of the Young Progressive Party (YPP).