Business
Heirs Technologies appoints Obong Idiong as Chief Executive Officer
Heirs Technologies Primed for Delivery of Leading Enterprise Solutions and IT Consulting Services for Businesses

A leading digital transformation company, Heirs Technologies has announced the appointment of Obong Idiong as its Chief Executive Officer.
Idiong brings considerable experience in the technology sector and a visionary approach to this role. Prior to joining Heirs Technologies, he served as the MD/CEO at Africa Prudential Plc, where he spearheaded the digital transformation of its registrar services and repositioned the company as an agile and technology-driven organisation. Idiong has held a series of senior management roles, including at the United Bank for Africa Plc and Heirs Holdings Limited.
Heirs Technologies, a subsidiary of Heirs Holdings, delivers efficiency and scalability to enterprise customers, offering specialised and localised services that include IT Consulting, Managed Services and Business Process Outsourcing. In addition, the company offers locally relevant enterprise solutions to enable companies scale and transform their services. The company is committed to developing local talent through tailored skills development programmes.
Obong Idiong stated, “We are proud to bring Heirs Holdings’ core values and business approach to the tech sector, leading with excellence, execution, and enterprise. We are committed to bridging an enormous gap in the technology ecosystem by delivering local relevance to a global market and offering cutting-edge solutions to enable our customers to become more competitive”.
In addition, Dr. Fumbi Chima has been appointed as the Chair of Heirs Technologies.
She has served as CIO in global companies including Adidas, Fox Network Group, Burberry Corporation, Walmart Stores Inc. Asia business operations, and American Express’ Global Corporate Technologies.2
In her statement she said, “I am pleased to be a part of this movement to unlock Africa’s potential. Having worked in technology leadership roles across global organisations, I am confident that Heirs Technologies will create impact that will improve lives and transform the continent”.
Heirs Technologies is Africa’s digital transformation partner, driving innovation across the continent. Building on Heirs Holdings’ track record of digital transformation in financial services, Heirs Technologies specialises in delivering world-class technology solutions to corporate customers, including Managed Services, System Integration, and bespoke IT Consulting.
Heirs Technologies empowers businesses to thrive, through the delivery of innovative solutions, world-class expertise, and access to global providers, while enhancing local capacity and value.
Heirs Technologies is a subsidiary of Heirs Holdings, the leading pan-African investment company with strategic investments in key sectors in the African economy, including resources, power, financial services, real estate and hospitality and healthcare, with portfolio operations across twenty-four countries worldwide. Heirs Holdings’ investment approach is driven by founder Tony Elumelu’s philosophy of Africapitalism that champions the African private sector’s commitment to the economic transformation of Africa, through investments that generate both economic prosperity and social wealth.
For more information about Heirs Technologies, please visit www.heirstechnologies.com
Business
UPDATE: NUPENG Accuses Dangote Refinery of Fuel Sector Monopoly, Warns of Massive Job Losses

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), representing Petroleum and Tanker Drivers (PTD), has condemned Dangote Refinery’s decision to deploy 10,000 Compressed Natural Gas (CNG) tankers for petroleum product distribution, calling it a monopoly that threatens the livelihood of thousands of workers in the sector.
NUPENG described the move as anti-labour and harmful to PTD members, highlighting that drivers recruited by Dangote for these operations are reportedly barred from joining any trade union. The union warned this action violates both the 1999 Nigerian Constitution and international labour laws.
Speaking anonymously, some tanker drivers expressed concerns to journalists that unless the Nigerian Midstream and Downstream Petroleum Regulatory Authority intervenes swiftly, the situation could escalate and seriously damage the Nigerian economy, affecting millions of livelihoods.
The tanker drivers outlined several looming risks including:
- Loss of income for tanker owners and their families
- Unemployment for drivers, motor boys, and support staff
- Job losses for truck mechanics, painters, welders, and fabricators
- Decline in business for spare parts dealers, tyre and battery sellers
- Negative impact on depot representatives, artisans, and food vendors
- Financial ruin for transporters who have invested heavily in the sector
They warned that the move could result in millions of job losses, sparking social insecurity, increased poverty, and a surge in unemployment nationwide.
Business
Africa Climate Summit begins in Ethiopia today
The first edition of the summit was held in Nairobi, Kenya, in 2023, where African leaders adopted the Nairobi Declaration — a roadmap for the continent’s green growth and financing agenda.

The second edition of the Africa Climate Summit (ACS2) commenced today in Addis Ababa, Ethiopia
Themed ‘Accelerating Global Climate Solutions: Financing for Africa’s Resilient and Green Development’, the summit is billed for September 8-10, is being attended by world leaders, private Sector delegates, and top United Nations officials; policymakers, climate experts, and civil society.
Inputs from the deliberations will be used to forge a common African position ahead of the COP30 negotiations scheduled for Brazil next year.
Discussions will centre on how Africa can tap its vast renewable energy potential, showcase homegrown technology, attract climate finance, and strike a balance between development priorities and urgent climate action.
The first edition of the summit was held in Nairobi, Kenya, in 2023, where African leaders adopted the Nairobi Declaration — a roadmap for the continent’s green growth and financing agenda.
Business
NUPENG-Dangote Faceoff: PETROAN Backs Union
For PETROAN, don’t forget that the most critical aspect of our operations is our retail outlets staff, and the people who are handling these are in the union.

Billy Gillis-Harry, national president of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) said on Monday: “It’s much better for efficiency that all retail outlets must belong to a union. If not, then you go to a station and buy one litre for maybe N2,000, and then you get to other places and buy for N800, and there will be no sanctions because there is no union for internal control.”
Gillis-Harry, in a public statement while reacting to the the dispute between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote refinery, said that workers’ rights were being violated, which prompted NUPENG’s decision to declare a “warning strike”.
“It is not that they have gone on strike. But they are giving a warning that the situation can become very tasking and troublesome for Nigerians. So let us all get it solved, and I think it is the right idea,” he said.
“For PETROAN, don’t forget that the most critical aspect of our operations is our retail outlets staff, and the people who are handling these are in the union.
So once the NUPENG strike takes effect, our stations will effectively be locked up.”On September 7, the federal government appealed to NUPENG to suspend its planned nationwide strike, while scheduling a reconciliation meeting for Monday.
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UPDATE: NUPENG Accuses Dangote Refinery of Fuel Sector Monopoly, Warns of Massive Job Losses