Tag: Tony Elumelu

Transcorp, GE partner to improve power generation in Nigeria

Press Release Transcorp Ughelli Power Ltd (TUPL), the power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), and General Electric (GE) have signed an agreement to expand the capacity of TUPL’s Ughelli power plant by1000MW over the next 3 to 5 years. Both parties have also signed a separate agreement […]

Heirs Holdings & LSDPC to Redevelop Falomo Shopping Complex into a World Class Mall

Elumelu’s Heirs Holdings, the  pan African investment company yesterday signed an agreement with the Lagos State Development Property Corporation (LSDPC), for the redevelopment of the iconic Falomo Shopping Mall located in Ikoyi, Lagos State. The mall will be redeveloped into a shopping mall an office complex and world class residential […]

Elumelu’s Heirs Holdings Invests in New NASD Trading Platform

Press Release Major boost for Nigeria ’s fast-growing SMEs, unlisted companies LAGOS, Nigeria, June 28, 2013 – Tony Elumelu ’s Heirs Holdings, the pan-African investment company announced it has taken a strategic stake in the new NASD trading platform which will commence operations on July 1 this year. Following the group’s recent […]