30 results
- 1 Jun 2021
Heirs Holdings Enters Insurance Market - Promises Insurance Revolution
Heirs Holdings (HH) announced the Group’s transformative insurance industry play, with the launch of Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), yesterday at the companies’ Victoria…
- 31 May 2017
Heirs Holdings Announces Appointment of Group Chief Executive
Board of Heirs Holdings has announced the appointment of Emmanuel Nnorom as Group Chief Executive Officer. Mr Nnorom previously served as chief executive of Heirs Holdings’ affiliate Transnational…
- 12 Sept 2014
Elumelu’s Heirs Holdings to Generate ¼ of Nigeria’s Power Consumption
Tony Elumelu, well-known global business leader and chairman of Heirs Holdings has said that the group “has the ambition to generate at least a quarter of Nigeria’s power consumption needs in the…
- 17 Jan 2021
Heirs Holdings Acquires 45% Per Cent of OML 17 from Shell, Total and ENI
Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed…
- 6 Aug 2013
Heirs Holdings, LSDPC to Give Falomo Shopping Complex Make-Over
Heirs Holdings, a pan-African investment company, chaired by Mr. Tony Elumelu, Tuesday signed an agreement with the Lagos State Development Property Corporation (LSDPC), for the redevelopment of the…
- 28 Jan 2014
Heirs Holdings Invests in Planet Labs Satellite Technology
Heirs Holdings, the pan-African proprietary investment company founded by Tony O. Elumelu, has announced its investment in US start-up Planet Labs’ innovative satellite manufacturing technology.…
- 13 Dec 2018
Heirs Holdings Inks $600m Facility Deal with Afrexim Bank, to Scale its Energy Investments.
African Export-Import Bank’s (Afrexim), has signed financing facilities totalling US$600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company. This is as…
- 4 Sept 2013
AFEX, Ministry of Agric Pioneer National Warehousing Project
African Exchange Holdings (AFEX), a pan-African holding company founded by Tony O. Elumelu, chairman of Heirs Holdings, Nicolas Berggruen, chairman of Berggruen Holdings, and Jendayi Frazer,…
- 27 Aug 2013
Heirs Holdings Completes $300m Investment Ughelli Power Plant
President Barack Obama’s $7 billion US-backed Power Africa initiative has received a major shot in the arm with the announcement that full financing has been completed for the $300 million Ughelli…
- 14 Apr 2025
Sanwo-Olu, Others Grace Launch of 50-Bed Hospital in Surulere by Avon Medical
Avon Medical, a subsidiary of Heirs Holdings has officially launched an ultramodern hospital facility in Surulere, Lagos. L-R: Emmanuel Nnorom - Group CEO, Heirs Holdings; Dr. Kemi Ogunyemi, Special…
- 28 Dec 2012
Elumelu’s Heir Group Develops Commodity Trading Platform
Heirs Holdings, the African investment company focusing on principal investments in a variety of sectors across Africa, plans to establish the Africa Exchange Holdings Limited (AfEX), a platform to…
- 25 Aug 2016
Elumelu, UBA Chair Tasks Policy Makers on Poverty Reduction
Tony O. Elumelu, chairman of Heirs Holdings and UBA Plc. has advocated entrepreneurship as a veritable solution to achieving poverty reduction in the country. Elumelu who is also the Founder of The…
- 4 Feb 2016
Elumelu Applauds US Congress for Passage of 'Electrify Africa Act'
Tony O. Elumelu, leading investor and chairman, Heirs Holdings, UBA Plc and founder of the Tony Elumelu Foundation, has applauded the U.S. House of Representatives for the passage of the “Electrify…
- 30 Nov 2020
Tony Elumelu Floats New Insurance Companies
Mr. Tony Elumelu, chairman of Heirs Holdings and United Bank for Africa, has announced the floating of new insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA).…
- 7 Apr 2021
Youth Restiveness Ticking Time Bomb for Africa, Others- Elumelu
Tony O. Elumelu, chairman of United Bank for Africa, Heirs Holdings and founder of the Tony Elumelu Foundation stressed the need to unlock the potential of youths in Africa, in order to catalyse the…
- 15 Apr 2016
Elumelu, UBA Chairman Pledges Investment in South East
Tony O. Elumelu chairman of Heirs Holdings and United Bank for Africa Plc (UBA) has presented a compelling case for a sub-regional approach to economic development for Eastern Nigeria. In doing so,…
- 15 Jun 2025
Elumelu, UBA Chair Seeks Digital Sovereignty for Africa
Tony Elumelu, chairman, United Bank for Africa (UBA) and Heirs Holdings, has called on Africa to avow itself in the fast-evolving global technology landscape, calling for deeper partnerships,…
- 28 Jun 2013
Elumelu Says Africa Open for Business, But not at Any Cost
Tony O. Elumelu, chairman, Heirs Holdings of one of the most diversified investment groups in Africa, has reiterated his message for the United States and international investors to engage…
- 2 Feb 2016
Elumelu Urges US Congress to Pass the Electrify Africa Act
Tony Elumelu, chairman, Heirs Holdings and Founder Tony Elumelu Foundation has called on the United States Congress to pass the ‘Electrify Africa Act’ stating that the passage in to law would make a…
- 31 Jul 2025
Tony Elumelu Lists 3 Things Africa must do to Bridge Infrastructure Gap
Tony Elumelu, group chairman of Heirs Holdings and UBA, has listed strengthening fiscal capacity, driving operational efficiency, and unlocking innovative financing as three key things Africa must do…
- 18 Oct 2014
Elumelu Launches Empowerment Fund
Tony Elumelu, founder of The Tony Elumelu Foundation and chairman of Heirs Holdings, has announced the launch of The Elumelu Nigeria Empowerment Fund. The Fund was launched by President of Nigeria…
- 19 Dec 2013
Keshi, New UBA Chairman Highlights Growth in African Markets
United Bank for Africa (UBA), the pan-African financial services group in which investment company Heirs Holdings has a strategic interest, has announced the appointment of a new board chairman,…
- 26 Apr 2019
Elumelu Foundation Boss Seeks Improved Tax Policies
Tony Elumelu, chairman, Heirs Holdings and Founder, Tony Elumelu Foundation, has called for far reaching Tax reforms and for the National Assembly to urgently pass the Executive Tax bill into law.…
- 28 Mar 2025
IMF Appoints Elumelu, Nigerian Businessman to Advisory Council
International Monetary Fund (IMF), has appointed Tony Elumelu, Nigerian billionaire and group chairman of Heirs Holdings, owners of United Bank of Africa, to its advisory council on entrepreneurship…
- 30 Mar 2016
Elumelu Speaks at Harvard, Columbia Universities on Development Strategies for Africa
Mr. Tony Elumelu, chairman of Heirs Holdings; would at the weekend engage with the academia, thought leaders and students in 2 of America’s prestigious universities; Harvard and Columbia on…
- 20 Nov 2017
How and Why 95 Per Cent of SMEs Die- Elumelu
Tony Elumelu, chairman of Heirs Holdings, has said multiple taxations and levies kill 95 percent of small and medium scale businesses in Nigeria. Elumelu made this statement while speaking at…
- 20 Sept 2016
Elumelu Wins Africa Investor ‘Person of the Year’ Award in New York
Mr. Tony Elumelu, chairman of Heirs Holdings, yesterday, while receiving the ‘Person of the Year’ award at the Africa Investor CEO Institutional Investment Summit hosted alongside the UN General…
- 6 Jan 2014
Elumelu Calls for ‘Marshall Plan’ for Africa’s Employment Challenge
Tony Elumelu, the entrepreneur, philanthropist and chairman of Heirs Holdings Limited, a pan-African investment company, has argued that Africa must do more to tackle the threat of unemployment,…
- 26 Aug 2013
Elumelu Urges African Entrepreneurs to Take Business to BRICS
Tony O Elumelu, chairman of Heirs Holdings, has called on the BRICS business leaders to make room for African entrepreneurs looking to expand their businesses beyond the continent to the BRICS…
- 23 Mar 2026
Tony Elumelu Celebrates 63rd Birthday by Empowering 3,200 Entrepreneurs Across Africa
In a move to reaffirm his commitment to empowering African entrepreneurs, Chairman of Heirs Holdings, UBA Group and Founder of the Tony Elumelu Foundation (TEF), Tony O. Elumelu, CFR, has announced…