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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.
Elumelu’s influence extends far beyond his business endeavors, making him a beacon of inspiration for future generations.
With the recent bid, the Elumelu-backed oil firm is set to compete with key players in Nigeria’s oil and gas industry.
Heirs Insurance and Heirs Life Assurance are the newest subsidiaries of his holding company.
After 30 years as Nigeria’s leading hospitality outfit, Transcorp Hotels is injecting more than $120 million into rehabilitating its five-star hotels.