Tags: Heirs Holdings

Heirs Oil & Gas’ OML 17 Wins PFI Africa Deal of the Year

Heirs Oil & Gas (HHOG), Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’by Project Finance International (PFI), following the $1.1 billion financing and acquisition of 45% stake in OML 17 in 2021. The award ceremony which took place on Monday, May 9 2022 in London was a gathering of…

Heirs Insurance, Heirs Life Deliver on Promise to Help Customers Purchase Insurance in Five Minutes

Digital insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have confirmed that customers are now able to purchase insurance policies from their websites, www.heirsinsurance.com and www.heirslifeassurance.com, in mere minutes. The revolutionary, interactive websites—first of their kind in Nigeria—ensure that customers have access to quick insurance, completing transactions in minutes wherever they are,…

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), on Tuesday, June 1, 2021, at the companies’ Victoria Island headquarters in Lagos.  Heirs Holdings will bring a dynamic, digitally driven offering to the general and life insurance sectors, providing clients with…

Heirs Holdings Expands Oil and Gas Portfolio, Acquires 45% 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 conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings…

Heirs Holdings Signs $600m Facility Deal with Afrexim Bank, To Scale Energy Investments

As a further demonstration of the African Export-Import Bank’s (Afrexim) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, Afrexim signed financing facilities totalling $600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company. Heirs Holdings has significant investments across Africa, in the financial services, resources,…

Heirs Holdings Appoints Fadairo Director of Marketing/Corp Communications

The appointment of Pelumi Fadairo as Director of Marketing and Corporate Communications has been announced by Heirs Holdings. A statement by the firm said Fadairo will be responsible for driving the Group’s strategic marketing objectives and co-ordinating brand management of its rapidly growing portfolio of pan-African investments in the power, financial services, oil and gas,…

Elumelu Urges US Congress To Pass Electrify Africa Act

Mr. 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 world of difference in Africa. “When you leave this place call your Representatives and the leadership of the House and ask…