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LATEST

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Emerging Markets

BREAKING: Tony Elumelu’s $500 million Seplat stake now worth over $1 billion

Nairametrics · 1h ago · 🇳🇬 Nigeria

BREAKING: Tony Elumelu’s $500 million Seplat stake now worth over $1 billion

Seplat Energy Plc, Nigeria’s leading indigenous energy company, has seen its market capitalisation climb to $5.24 billion, as the equity stake held by Heirs Holdings; the investment vehicle of Nigerian billionaire and Africapitalism champion Tony Elumelu, crosses the $1 billion mark. Heirs Holdings became Seplat’s largest shareholder in December 2025, acquiring a 20.07% stake (120.4 […] The post BREAKING: Tony Elumelu’s $500 million Seplat stake now worth over $1 billion appeared first on Nairametrics .

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