30 results
- 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…
- 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…
- 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.…
- 12 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…
- 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…
- 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…
- 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…
- 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…
- 13 Mar 2024
Heirs Technologies Appoints Obong Idiong as Chief Executive Officer
Heirs Technologies, a leading digital transformation company, has announced the appointment of Obong Idiong as its chief executive officer. Idiong brings considerable experience in the technology…
- 25 Oct 2023
Elumelu in Saudi Arabia, Woos Investors to Africa
Tony Elumelu, founder/chairman, Heirs Holdings Group, has advanced reasons private investors should invest and develop the continent. Tony Elumelu, founder/chairman, Heirs Holdings Group, Elumelu,…
- 24 Jul 2023
Heirs Insurance Group Launches Mobile App, Chatbot, USSD Channels
Insurance companies, Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), subsidiaries of Heirs Holdings, launched multiple digital channels, making insurance transactions easier for…
- 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,…
- 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 Nov 2019
Tony Elumelu to Receive NPOM Award from FG
Tony O. Elumelu, founder of The Tony Elumelu Foundation (TEF) and chairman of the United Bank for Africa Group (UBA) and Heirs Holdings, will be conferred with the National Productivity Order of…
- 31 Jan 2021
Standard Chartered Leads Trans-Niger Oil & Gas’s Acquisition of OML 17
Standard Chartered Bank acted as Global Co-Ordinator/Financial Advisor to Heirs Holdings Oil & Gas Limited (formerly Trans-Niger Oil & Gas Limited) on its acquisition of a 45% working…
- 30 Aug 2013
Elumelu Invests in Seadrill Mobil in W/African Expansion Scheme
Tony O. Elumelu’s pan-African investment vehicle, Heirs Holdings, has made substantial investment in Seadrill Mobil Units (Nigeria) Limited, an affiliate of one of the world’s leading offshore…
- 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…
- 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,…
- 3 Oct 2022
Elumelu Urge NAICOM to Increase Insurance Brokers’ Capital to N50m
The National Insurance Commission (NAICOM), has been urged to upgrade the minimum capital base of insurance booking firms from the current N5 million to N50 million. The insurance brokers on their…
- 26 Dec 2014
Nigeria Loses $40Bn to Naira, Stocks Crash
The devaluation of naira by nearly 10% after a plunge in world oil prices and dwindling dollar reserves has knocked more than $40 billion off the value of Nigeria’s economy, Forbes magazine has…
- 24 Feb 2015
Dangote Loses $7.8Bn as Naira, Stocks Crash
Aliko Dangote, Africa’s richest man, is the biggest loser among Nigeria’s richest people as the Naira’s slump, coupled with falling stock prices, have erased more than $7.8 billion of his…
- 3 Jun 2022
Heirs Insurance, Heirs Life Record Significant Milestones One Year Since Public Launch
One year following their applauded entrance into the insurance sector, duo insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) celebrated their first anniversary…
- 1 Jul 2013
Elumelu Commits $2.5 Billion to Africa’s Initiative
Tony O. Elumelu, African business leader, is committing $2.5 billion to the power sector in Africa, as part of his commitment to deliver affordable and accessible power to the continent. The…
- 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…
- 22 Oct 2025
Elumelu Underscores Critical Role Of Private Sector As Engine Of Transformation
Group Chairman, United Bank for Africa (UBA) Plc, and Heirs Holdings Limited, Tony Elumelu, CFR has challenged African policymakers to create environments that reward enterprise and unlock the…
- 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…
- 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…
- 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…