Heirs Energies marks 5 years with major oil, gas production growth
Heirs Energies reports oil production doubled & gas tripled on OML 17 after five years, boosting Nigeria's domestic energy supply and power generation. Read the full report.
Category : Search result: Heirs Energies
Elumelu's $500M Seplat Deal Signals Bold African Energy Shift
Tony Elumelu's Heirs Energies acquires a 20% stake in Seplat Energy for $500 million. This landmark deal marks a pivotal moment for indigenous participation in Nigeria's oil sector and the rise of Africapitalism. Discover the full story.
Tinubu Hails Otedola, Elumelu for Landmark Energy Deals
Wale Tinubu commends Femi Otedola and Tony Elumelu for major transactions reshaping Nigeria's energy sector. Otedola's Geregu Power exit and Heirs Energies' Seplat stake acquisition signal strong investor confidence. Read more.
Elumelu: Africa Can Own Its Strategic Resources
Tony Elumelu declares Africa's capacity to own and manage its resources as Heirs Energies completes a major $500 million acquisition in Seplat Energy, backed by African banks.
Elumelu's $496m Seplat Deal Set to Boost Fortune
Billionaire Tony Elumelu expands his energy empire, acquiring a 20.07% stake in Seplat Energy for $496 million. The deal makes Heirs Energies the largest shareholder and is expected to significantly increase his net worth. Read the full details.
Elumelu's Heirs Energies Buys $500m Seplat Stake
Heirs Energies, led by Tony Elumelu, has acquired a 20.07% stake in Seplat Energy for $500 million. The deal, backed by Afreximbank, marks a major shift towards indigenous ownership in Nigeria's energy sector. Read the full story.
Heirs Energies Buys $500M Stake in Seplat Energy
Tony Elumelu's Heirs Energies acquires a 20.07% stake in Seplat Energy from Maurel & Prom for $500 million, marking a major shift in indigenous ownership of Nigeria's energy assets. Read the full details.
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
Ngozi Ekeoma on Leadership, Integrity, and Nepal Energies' Success
Barrister Ngozi Ekeoma, Group MD of Nepal Energies, shares her journey, the role of integrity in business, and her vision for Nigeria's energy sector. Discover how her leadership created over 2000 jobs.
Homeless Man Gets N2M+ from Tony Elumelu After Performance
A young homeless man's life changed forever after a spontaneous performance at a Lagos event. Tony Elumelu and other guests gifted him over N2 million and job offers. Read his incredible story.
Father's Advice: Make Your Own Legacy, Not Sons
A Nigerian father's profound response to a man worried about having no sons goes viral. Discover why your achievements matter more than male heirs for legacy.
Oil Firm: EFCC Ignored Court Order in Wanted Notice
Chappal Energies alleges the EFCC declared its MD wanted, bypassing legal procedures and an existing court injunction. The company questions the motive behind the public notice.
Oil Firm: EFCC Ignored Court Order in Wanted Notice
Chappal Energies alleges EFCC violated court injunction by declaring MD wanted. Company questions legality of public notice amid ongoing civil dispute. Read full details.
Gas Shortage Halts Geometric Power in Aba After 60 Days
Aba faces power outage after historic 60-day uninterrupted supply. Gas shortage from Heirs Energies disrupts Geometric Power operations. Learn how this affects Nigeria's industrial hub.
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