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Tony Elumelu

  • In the News

    Otedola Denies Funding Dangote Refinery, says Claims are False and Misleading

    by Oluwatosin Racheal Alabi May 5, 2026
    by Oluwatosin Racheal Alabi May 5, 2026

    KEY POINTS Nigerian billionaire businessman, Femi Otedola, has denied reports claiming he funded the Dangote Petroleum Refinery, describing the claims as false and misleading. In a post on X (formerly …

  • In the NewsOil & Gas

    Seplat Energy Breaks NGX Record as Share Price Surpasses N10,000 Mark

    by Oluwatosin Racheal Alabi April 15, 2026
    by Oluwatosin Racheal Alabi April 15, 2026

    KEY POINTS Seplat Energy Plc has made history on the Nigerian Exchange (NGX), becoming the first listed company to record a five-digit share price after closing at N10,450 per share. …

  • In the NewsMarkets

    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 NewsMarkets

    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 TransitionIn the NewsMarkets

    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 …

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Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Slashes Diesel Price to N1,600 Amid Rising Import Competition
Court Dismisses $19.6m Suit Against NNPC Over Contract Dispute

Latest Stories

Dangote Refinery Slashes Diesel Price to N1,600 Amid Rising...
Court Dismisses $19.6m Suit Against NNPC Over Contract Dispute
ExxonMobil Shareholders Approve Texas Incorporation Move

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© 2025 Energy News Africa Plus. All Rights Reserved.