Tag: Seplat Energy

Nigerian billionaire Tony Elumelu’s Seplat stake tops $1 billion on share rally

Tony Elumelu’s Seplat stake tops $1 billion as shares surge, boosting valuation and reinforcing his influence in Africa’s energy sector.

Omokolade Ajayi Omokolade Ajayi

Seplat Energy’s Q1 2026 profit rises to $37.9 million on higher oil prices

Seplat Energy profit rises to $37.9 million in first quarter 2026 as higher oil prices and stronger output lift revenue to $840.7 million.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Tony Elumelu’s Seplat stake climbs to $934 million, nears $1 billion

Tony Elumelu’s Seplat stake hits $934 million as shares rally, nearing $1 billion amid strong investor demand.

Omokolade Ajayi Omokolade Ajayi

Elumelu’s Heirs Energies Holds $800m Seplat Stake as Stock Hits Historic N10,000

Months after Tony Elumelu’s $500 million, Seplat Energy becomes first NGX stock to cross N10,000 per share.

Editorial Team Editorial Team

Nigerian billionaire Tony Elumelu’s Seplat stake tops $800 million as shares climb

Nigerian billionaire Tony Elumelu’s Seplat stake surpasses $800 million as oil rally and earnings lift shares.

Omokolade Ajayi Omokolade Ajayi

Gabon could gain first billionaire as Samuel Dossou-Aworet’s oil stakes jump to $907 million

Samuel Dossou-Aworet’s oil stakes surge to $907 million, putting Gabon on the verge of gaining its first dollar billionaire as energy stocks rally.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s Seplat Energy faces strike as output expansion plan advances

Seplat Energy confronts operational disruption from a strike, putting pressure on output targets and supply stability

Timilehin Adejumobi Timilehin Adejumobi

Seplat Energy posts $2.73 billion revenue in 2025 on output boost

Seplat Energy reports $2.73 billion revenue in 2025 as offshore and onshore output drive a 144% jump.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Tony Elumelu’s Seplat stake surges to $700 million, up $210 million

Tony Elumelu’s Seplat stake climbs to $700 million, gaining $210 million in 55 days as shares surge on gas output growth.

Omokolade Ajayi Omokolade Ajayi

Tony Elumelu’s Seplat stake tops $600 million weeks after $496 million purchase

Tony Elumelu’s Seplat Energy stake has climbed above $600 million, weeks after a $496 million acquisition reshaped Nigeria’s energy sector.

Omokolade Ajayi Omokolade Ajayi