Business Hilights

Tracking Nigeria's Headline Business News Online

Heirs Holdings

Heirs Holdings expands into Oil and Gas Portfolio

…Acquires 45% of OML 17 from Shell, Total and ENI Estimated Additional 1 billion barrels of oil equivalent of further exploration potential Heirs Holdings, the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (Transcorp),…

Elumelu in Paris summit, seeks private equity inflow into Africa’s SMEs

Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA), Mr Tony Elumelu, has stressed the importance of private equity inflow into Africa, with a focus on investing in small and medium scale businesses, the lifeblood…

FG shouldn’t tailor tax reforms to kill businesses—Elumelu

Leading banking wizkid, enterprise builder and Chairman of Heirs Holdings, Mr. Tony Elumelu has picked holes on ongoing restructuring of government regulations and taxation around private businesses in Nigeria, saying efforts should be made to avoid reforms capable of stifling…

Multiple taxation drowning 95% of SMEs in Nigeria yearly—Elumelu

Leading banking wizkid and motivational speaker on entrepreneurial issues, Mr. Tony Elumelu on Thursday, said that 95 percent of Small and Medium Enterprises fold up within a year in Nigeria due to multiple taxes and levies. The Chairman of Heirs…

What I want to see is Africans investing in Africa—-Elumelu

The Chairman of Heirs Holdings, and the Tony Elumelu Foundation (TEF), Tony Elumelu, has begun a new continental campaign designed to drive massive in-continent investments by citizens of the African continent. Speaking in Kigali, Rwanda at the recent African Export-Import…