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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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.
Nigerian multimillionaire Tony Elumelu dives into insurance business
Heirs Insurance and Heirs Life Assurance are the newest subsidiaries of his holding company.
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Nigeria’s richest banker Jim Ovia gains $8 million from Zenith Bank shares
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The private equity firms have enlisted Nedbank Group to lead the sale process.
Moroccan real estate mogul Alami Lazraq sees $53 million wealth boost
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