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 Tony Elumelu’s $500 million Seplat stake now worth over $1 billion appeared first on Nairametrics.
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