Tony Elumelu

In the News Markets
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, …
In the News Markets
Seplat Shares Jump 15% After Founding Investor Sells Stake to Heirs Energies

by Oluwatosin Racheal Alabi January 26, 2026

by Oluwatosin Racheal Alabi January 26, 2026

KEY POINTS Seplat Energy Plc hit an all-time high on the Nigerian Exchange (NGX) after gaining more than 15% in January 2026. This happened after one of its founding investors …
Energy Transition In the News Markets
Heirs Energies: Pioneering Sustainable Solutions in Africa’s Energy Sector

by Oluwatosin Racheal Alabi October 19, 2023

by Oluwatosin Racheal Alabi October 19, 2023

Embracing a Sustainable FutureHeirs Holdings Oil & Gas Limited, a key player in Africa’s energy scene, has rebranded to Heirs Energies Limited, a strategic move signaling its commitment to innovative …