Tony O. Elumelu Launches Empowerment Fund to Revitalise Distressed Communities across Nigeria

Abuja, Nigeria October 16 2014 – Tony O. Elumelu Founder of The Tony Elumelu Foundation and Chairman of Heirs Holdings has announced the launch of The Elumelu Nigeria Empowerment Fund.

ExxonMobil Nigeria and Tenoil Petroleum Commence Ata Field Drilling

Lagos, Nigeria, 8 October 2014 — Tenoil Petroleum & Energy Services (Tenoil), a subsidiary of Heirs Holdings, is pleased to announce that it has reached an agreement with Mobil Producing Nigeria Unlimited (MPN), an ExxonMobil subsidiary, for the drilling of an appraisal well on the Ata Field.

Seadrill and Heirs Holdings Launch New Deep Water Drill for Total

GEOJE, SOUTH KOREA, 26 September — On Friday, Tony O. Elumelu, Chairman of Heirs Holdings, an African investment company, commissioned the sail away of Seadrill Nigeria Limited’s sixth-generation drill ship, the West Jupiter.


The Tony Elumelu Foundation focuses on supporting entrepreneurs in Africa by enhancing the competitiveness of the private sector.


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