Tony Elumelu’s Heirs Insurance Group sees premiums surge to $19.8 million
Heirs Insurance Group, led by Elumelu, achieved a remarkable 59.3-percent growth in gross written premiums in 2023, highlighting its transformative impact on Nigeria's insurance industry.
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Tony Elumelu’s HH Capital lifts Transcorp Power stake with $201,000 share buy
HH Capital, tied to billionaire Tony Elumelu, snapped up more than 1 million Transcorp Power shares in a fresh insider deal on the Nigerian Exchange.
10 companies owned by Nigerian multimillionaire Tony Elumelu
Elumelu’s influence extends far beyond his business endeavors, making him a beacon of inspiration for future generations.
Nigerian businessman Tony Elumelu’s oil firm submits offer to acquire Shell’s JV assets in Nigeria
With the recent bid, the Elumelu-backed oil firm is set to compete with key players in Nigeria’s oil and gas industry.
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Nigerian billionaire Abdul Samad Rabiu gives $20.7 million to long-serving employees
Abdul Samad Rabiu shares $20.7 million in cash rewards with long-serving BUA Group employees, reinforcing loyalty across the conglomerate.
Nigerian-Lebanese billionaire Gilbert Chagoury promotes ORCA’s mega-showroom as Lagos bets big on premium retail
Backed by ambassador Gilbert Chagoury, ORCA’s four-floor showroom opens in Eko Atlantic, bringing scale, jobs and confidence to Lagos’ premium retail market.
Elon Musk’s Starlink could soon reach South Africa
Starlink, Elon Musk’s satellite internet service, may soon expand to South Africa as the government eases foreign ownership rules.
Insider trading complaint surfaces after South African billionaire Jannie Mouton’s Curro buyout wins approval
South Africa’s regulator reviews suspicious Curro share trades after Jannie Mouton Foundation secured approval for a 7.2 billion rand buyout.