Heirs Holdings News

First Bank of Nigeria ATMs

How Nigeria's banks are innovating

Nigeria’s relatively significant exposure to the oil and gas sector increased pressures on balance sheets and operations.

Tony Elumelu, Chairman of Heirs Holdings & UBA

Nigeria has officially entered a recession + Interview with UBA Chairman Tony Elumelu (Video)

Nigeria’s economy has officially entered a recession. The latest growth figures shows the economy shrunk by 2.06% between April and June.

Tony Elumelu, Chairman of Heirs Holdings

Africapitalism - A new framework for a new age: Tony Elumelu, Chairman, Heirs Holdings

This week, world leaders from the public and private sectors, civil society and academia are gathered at Davos to discuss a “new global context” – the theme of the World Economic Forum’s 2015 annual meeting.

Tony Elumelu, Chairman of Heirs Holdings, UBA, and Transcorp

Nigeria's economy resilient to oil prices: Tony Elumelu, Chairman of Heirs Holdings, UBA, and Transcorp (Video)

Tony Elumelu, Chairman of Heirs Holdings, UBA, and Transcorp, has said that the Nigerian economy is more resilient to falling oil prices than is being projected.

Wonderloop

Nigerian billionaire Tony Elumelu invests undisclosed amount in Silicon Valley mobile startup Wonderloop

Tony O. Elumelu, one of Africa’s wealthiest magnates (who recently launched a $100 million program to support entrepreneurship in Africa) is understood to have put an undisclosed sum into Silicon Valley-based mobile startup Wonderloop.

Tony Elumelu at the US-Africa Business Forum in Washington in August 2014

Billionaire Tony Elumelu launches $100M program to boost African business

One of Africa’s richest businessmen, Tony Elumelu, has launched a $100 million program to support and promote entrepreneurship across the continent.

Tony Elumelu, Chairman of Heirs Holdings, Chairman of Transcorp, and Chairman of UBA Group

Nigeria's four newest billionaires: Tony Elumelu, Cletus Ibeto, Benedict Peters, & Akanimo Udofia

Nigeria has four new billionaires, according to wealth research done by Ventures Africa.

Tony Elumelu and Barack Obama at the Ubungo Power Plant

Heirs Holdings can generate a quarter of Nigeria's power needs within the next five years: Tony Elumelu, Chairman, Heirs Holdings

Well-known global business leader and chairman of Heirs Holdings Tony Elumelu says the group “has the ambition to generate at least a quarter of Nigeria’s power consumption needs in the next five years.”

Tony Elumelu, Chairman of Heirs Holdings

US-Africa Business Forum: An interview with Tony Elumelu, Chairman of Heirs Holdings (Video)

Tony Elumelu, Chairman of Heirs Holdings, a pan-African investment firm based in Lagos, Nigeria, talks about the investment climate and availability of capital in different African countries.

Tony Elumelu, Chairman of Heirs Holdings, Transcorp and UBA

Tony Elumelu: The Africapitalist who wants to power Africa

You’ve probably heard by now about the Afropolitans and the Afropreneurs — but what about the Africapitalists?

Tony Elumelu, Chairman of Heirs Holdings, Transcorp and UBA

Game Changers Africa: A profile of Tony Elumelu, Chairman of Heirs Holdings, UBA and Transcorp (Video)

Former Nigerian banker turned philanthropist & entrepreneur, Tony Elumelu, is profiled.

Penny Pritzker, US Commerce Secretary, at the US-Africa Business Forum

Africa Summit Set the Stage for US Business. Now What?

As the dust settles after the U.S.-Africa Leaders’ Summit that took place in early August in Washington, a clearer picture is emerging of what it achieved.

Tony Elumelu, Chairman of Heirs Holdings, Transcorp & UBA Group

UBA Group Appoints Tony Elumelu as Chairman

The Board of United Bank for Africa Plc UBA today announced the appointment of Mr. Tony O. Elumelu, C.O.N. as Chairman, succeeding Ambassador Joe Keshi.

Kenya's President Uhuru Kenyatta, Tony O. Elumelu and Emmanuel Hategeka, Rwanda's Permanent Secretary of the Ministry of Trade and Industry, at the launch of the East African Exchange in Kigali

East African Exchange (EAX): Regional Commodity Exchange Officially Launches

A new commodities exchange that launched late last week in Kigali, Rwanda, aims to use state-of-the-art technology to provide East Africa’s small-scale farmers access to agricultural and financial markets.