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Elumelu-Backed Acquisition Sparks $1.25 Billion Surge in Seplat’s Market Value

by Oluwatosin Racheal Alabi February 26, 2026

by Oluwatosin Racheal Alabi February 26, 2026

KEY POINTS Shares of Seplat Energy Plc recorded a dramatic surge on the stock market after Heirs Energies Limited completed a major equity acquisition backed by billionaire investor Tony Elumelu, …

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Latest Stories

Chevron Plans Venezuela Expansion as US Deepens Oil Push

Sahara Begins Construction of $12m Power Plant in Lagos

Rwanda Backs Dangote’s Proposed $17bn Lamu Refinery

© 2024 Energy News Africa Plus. All Rights Reserved.

Home
In the News
Oil & Gas
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Analysis

Home
In the News
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© 2025 Energy News Africa Plus. All Rights Reserved.