Heirs Holdings $1.1bn OML 17 Deal Demonstrates Renewed Confidence in the Nigerian Economy

– Elumelu Assures Communities and Other Stakeholders of Shared Prosperity and Economic Development The investment of over $1billion by Heirs Holdings in the acquisition of the strategic OML 17 from Shell, ENI and Total,  has been described by various analysts as a very positive affirmation of confidence in the robustness of the Nigerian economy. At a time of […]

Belgium Confers Highest National Honour on African Philanthropist, Tony Elumelu

The Kingdom of Belgium has conferred the honorary distinction of Officer in the Order of Leopold, the country’s oldest and most important National Honour, on Africa’s leading investor and philanthropist, Tony O. Elumelu, CON, in recognition of his commitment to poverty eradication and the economic empowerment of young Africans. The Ambassador of Belgium to Nigeria, […]

The Keynote Address at the ACP Business Summit 2019 Nairobi, Kenya

▪ Good evening Ladies and Gentlemen ▪ Our Host, His Excellency, Uhuru Kenyatta, President of Kenya ▪ Presidents of the member states of the African, Caribbean and Pacific Group of States present here today ▪ Patrick Gomes, Secretary-General of the ACP ▪ Distinguished captains of industry and guests present here today ▪ I would like […]

Tony Elumelu Dedicates the AABLA Philanthropist of the Year Award to Young African Entrepreneurs

Johannesburg, South Africa, December 5, 2019 Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation (TEF) and Chairman, Heirs Holdings and United Bank for Africa Group, received the All Africa Business Leaders’ Awards (AABLA) yesterday in Johannesburg. In the acceptance speech delivered by Ifeyinwa Ugochukwu, CEO of the Tony Elumelu Foundation, Elumelu dedicated the […]

Tony Elumelu to Receive National Productivity Order of Merit (NPOM) Award from the Federal Government of Nigeria

Tony O. Elumelu, CON, 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 Merit (NPOM) Award by the President of the Federal Republic of Nigeria, H.E. Muhammadu Buhari, GCFR in recognition of his continuous hard work and total commitment to the empowerment of youths […]

Elumelu Emerges First African to Receive the Dwight D. Eisenhower Global Entrepreneurship Award

The Group Chairman, Heirs Holdings, United Bank for Africa Plc (UBA) and Founder, Tony Elumelu Foundation becomes first African to receive the prestigious award. New York City, U.S.A, December 5th, 2017; The Business Council for International Understanding (BCIU), a non-profit U.S Business association dedicated to forging relationships and promoting dialogue between business and government communities across […]