Business

In a great leap forward, Heirs Holdings launches Heirs Technologies, set to lead Africa’s digital evolution

Published

2 years ago

March 11, 2024

400 Views

Heirs Holdings, a leading African investment company dedicated to improving lives and transforming Africa through strategic long-term investments, has broken new grounds with the announcement of the launch of its new subsidiary, Heirs Technologies Limited.

It is aimed at empowering Africa’s digital transformation through innovative and locally tailored solutions.

The launch of Heirs Technologies reaffirms Heirs Holdings’ steadfast commitment to invest in sectors that provide long-term returns and have the ability to transform Africa’s economy. Heirs Holdings has been a pivotal player in various sectors critical for Africa’s development including financial services, energy, power, healthcare, real estate, and hospitality.

Heirs Technologies endeavours to provide value-added services that capitalise on top-tier expertise while guaranteeing accessibility locally.

The company’s range of offerings include IT consulting, which encompasses advisory services, business transformation, system integration, licencing, and partnerships. Additionally, Heirs Technologies will offer various managed services covering IT operations and business process outsourcing.

To achieve its vision of propelling Africa to the forefront of the global technology landscape, Heirs Technologies will strategically invest in cutting edge technological solutions and develop platforms that foster collaboration among diverse stakeholders. Central to the company’s plans is to develop local capacity through meticulously tailored skills development programmes.

Heirs Holdings’ Group Chief Executive Officer, Emmanuel Nnorom, expressed his excitement about the launch and also reiterated the company’s mission.

“We are embarking on a journey fueled by innovation and driven by purpose. Our mission isn’t solely about creating products; it’s about shaping the future of technology, one groundbreaking solution at a time,’’ Persecondnews quotes Nnorom as saying.

“The introduction of Heirs Technologies marks a significant milestone in our journey towards accelerating progress for future generations across Africa,” said Tony O. Elumelu, CFR, Founder & Group Chairman, Heirs Holdings.

“Technology has the power to catalyse development, and we are committed to harnessing this potential to unlock new innovations that will improve lives and transform our continent.”

For more information about Heirs Technologies, please visit www.heirstechnologies.com

Heirs Holdings is a leading African investment company committed to improving lives and transforming Africa through strategic investments and sustainable development initiatives. With a diverse portfolio spanning multiple sectors, including financial services, energy, power, healthcare, real estate, hospitality and technology, Heirs Holdings is dedicated to driving inclusive growth and building a prosperous future for Africa.

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Business

Naira Exchange Rates Wednesday, August 26

Today, the Naira Black Market exchange rate for 1 US Dollar is 1,400 Naira,. This means 100 US Dollars = 140,000 Naira.

Published

12 hours ago

August 26, 2026

OCHEFA

10 Views

BLACK MARKET RATES

US Dollar (USD) Buy ₦1,400 Sell ₦1,405

Great British Pound(GBP) Buy ₦1,900 Sell: ₦1,920

EURO (EUR) Buy ₦1,590 Sell ₦1,610

Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080

South African Rand (ZAR) Buy ₦75 Sell ₦90

Ghana CEDI (GHS) Buy ₦95 Sell ₦110

West African CFA Buy ₦2, 300 Sell ₦2, 400

CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250

CBN Exchange Rates

US Dollar (USD) ₦1,346.98

Great British Pound (GBP) ₦1,837 54

EURO (EUR) ₦1,571.52

Swiss Franc (CHF) ₦1,678.89

Chinese Yuan (CNY) ₦200.37

Japanese Yen (Yen) ₦8.46

West African CFA (XOF) ₦2. 40

West African Unit Account (WAUA) ₦1,849. 43

Saudi Riyal (SAR) ₦358.73

South African Rand (ZAR) ₦84.11

Business

Naira Exchange Rates Tuesday, August 25

Published

1 day ago

August 25, 2026

OCHEFA

36 Views

BLACK MARKET RATES

US Dollar (USD) Buy ₦1,400 Sell ₦1,405

Great British Pound(GBP) Buy ₦1,900 Sell: ₦1,920

EURO (EUR) Buy ₦1,590 Sell ₦1,610

Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080

South African Rand (ZAR) Buy ₦75 Sell ₦90

Ghana CEDI (GHS) Buy ₦95 Sell ₦110

West African CFA Buy ₦2, 300 Sell ₦2, 400

CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250

CBN Exchange Rates

US Dollar (USD) ₦1,346.98

Great British Pound (GBP) ₦1,837 54

EURO (EUR) ₦1,571.52

Swiss Franc (CHF) ₦1,678.89

Chinese Yuan (CNY) ₦200.37

Japanese Yen (Yen) ₦8.46

West African CFA (XOF) ₦2. 40

West African Unit Account (WAUA) ₦1,849. 43

Saudi Riyal (SAR) ₦358.73

South African Rand (ZAR) ₦84.11

Business

NAFDAC Gives Conditions For Reopening Sealed Factories of Alcoholic Manufacturers

The reopening and continued opening of any facility shall be subject to:Full compliance with the nationwide recall directive. Payment of all applicable investigative charges and regulatory fees…

Published

2 days ago

August 24, 2026

OCHEFA

34 Views

• NAFDAC DG, Prof Mojisola Christianah Adeyeye

The National Agency for Food and Drug Administration and Control (NAFDAC) on Monday gave the conditions for the reopening of sealed factories of alcoholic beverages manufacturers nationwide.

At a press briefing in Lagos, the agency’s Director – General, Prof Mojisola Christianah Adeyeye, also directed the Distillers and Blenders Association of Nigeria (DIBAN), the Association of Food, Beverage and Tobacco Employers (AFBTE), and their member companies who have not comply with the ban on alcoholic beverages packaged in sachets and PET (plastic) bottles below 200ml to do so.

“Affected manufacturers are required to immediately commence a nationwide recall of all alcoholic drinks packaged in sachets and PET bottles below 200ml from distributors, warehouses, and other points within the supply chain and submit to the agency for destruction,” she said.

Emphasising on reopening sealed factories, she said: ” NAFDAC imposed investigative charges on defaulting companies found to have violated regulatory directives relating to the manufacture and distribution of alcoholic beverages in prohibited package sizes.

The affected companies are required to settle the applicable charges within the stipulated period and comply fully with all regulatory directives issued by the Agency.

The Agency wishes to emphasize that all recalled alcoholic products shall be subjected to inventory verification and destruction under NAFDAC supervision in accordance with the terms of the enforcement undertaking. Manufacturers shall bear the full cost of such destruction exercises.

Furthermore, before any sealed facility involved in the production of alcoholic beverages in sachets or PET bottles below 200ml can be reopened, NAFDAC will require satisfactory evidence that the production lines used for the prohibited package sizes have been dismantled, permanently disabled, or reconfigured to prevent the manufacture and packaging of alcoholic products in sachets and PET bottles below 200ml.

Such dismantling or reconfiguration shall be carried out under the direct supervision and verification of NAFDAC officers.

The reopening and continued opening of any facility shall be subject to:Full compliance with the nationwide recall directive. Payment of all applicable investigative charges and regulatory fees.Successful destruction of recalled products under NAFDAC supervision. Verification of the dismantling, reconfiguration, or decommissioning of equipment used for prohibited package sizes.Satisfactory inspection and certification by NAFDAC that the facility is compliant with all regulatory requirements.”