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Tony Elumelu

Economics FEATURED Latest TOP STORIES 

‘What Would Dangote Do?’ Elumelu Hails Africa’s Richest Man in Time’s Most Influential People of 2026 List

April 15, 2026April 15, 2026 Markets Reporters 0 Comments 2026 TIME100, Aliko Dangote, TIME100 list, Tony Elumelu

Billionaire banker and philanthropist Tony Elumelu has hailed industrialist Aliko Dangote as “one of the greatest African entrepreneurs of our

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FEATURED Latest Stocks TOP STORIES 

Elumelu-Controlled Seplat Becomes First Listed Firm to Hit N10,000 Share Price 

April 14, 2026April 14, 2026 Markets Reporters 0 Comments Seplat Energy, Tony Elumelu

Seplat Energy, a major independent oil and gas company in Nigeria, has made history as the first listed firm on

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FEATURED Latest Technology TOP STORIES 

Nigerian Tycoon Elumelu Calls for Safeguards After AI-Generated Scam Video 

March 16, 2026March 16, 2026 Markets Reporters 0 Comments AI-generated videos, Tony Elumelu

Tony Elumelu, a Nigerian tycoon who chairs several companies including the United Bank of Africa and Transnational Corporation, has called

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Energy FEATURED Latest TOP STORIES 

Seplat Up 44% Since Elumelu’s Stake Purchase as Valuation Tops N5trn

February 13, 2026February 13, 2026 Markets Reporters 0 Comments Heirs Energies, Seplat Energy, Tony Elumelu

Seplat Energy, one of the biggest Nigerian oil and gas independents, has risen 44.4 percent on the stock exchange since

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Energy FEATURED Latest TOP STORIES 

Seplat Brings Tycoon Tony Elumelu, Top Shareholder, on Board

January 22, 2026January 22, 2026 Markets Reporters 0 Comments Seplat, Tony Elumelu

Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA (“M&P”) 20.07% shareholding in Seplat to

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FEATURED Latest Stocks TOP STORIES 

Seplat Shares Fall on First Trading Day After Heirs Energies’ Acquisition

January 2, 2026January 2, 2026 Markets Reporters 0 Comments Heirs Energies, Seplat Energy, Tony Elumelu

The share price of Seplat Energy, a major Nigerian oil independent, dropped by 3.43 percent on Friday, the first trading

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Energy FEATURED Latest TOP STORIES 

Elumelu’s Heirs Energies Buys 20% Stake in Seplat for $500m

December 31, 2025December 31, 2025 Markets Reporters 0 Comments Heirs Energies, Seplat Energy, Tony Elumelu

Heirs Energies, an indigenous integrated energy company, has acquired the entire 20.07% equity stake (120.4 million ordinary shares) previously held

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Energy FEATURED Latest TOP STORIES 

Elumelu’s Heirs Energies Inks $750m Afreximbank Loan to Drive Growth

December 21, 2025December 21, 2025 Markets Reporters 0 Comments Afreximbank, Heirs Energy, Tony Elumelu

Heirs Energies Limited, an indigenous Nigerian integrated energy company, has executed a $750 million financing with the African Export–Import Bank

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FEATURED Latest Thinkpiece TOP STORIES 

Looking towards an African Century: Tony Elumelu

March 14, 2025March 14, 2025 Markets Reporters 0 Comments African century, Tony Elumelu

by Tony Elumelu Global economies are undergoing a massive transformation, shaped by shifts in geopolitics, culture, demographics, technology, and volatile

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Economics FEATURED Latest TOP STORIES 

Transcorp’s profit nearly triples to N94bn, dividend rises

March 8, 2025March 8, 2025 Markets Reporters 0 Comments Tony Elumelu, Transcorp

Transnational Corporation Plc, chaired by tycoon Tony Elumelu, posted a profit after tax of N94.09 billion last year, up from

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