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Subscribe nowSeplat Energy, founded by Austin Avuru, propels Nigerian equity market to $228-million gain
Seplat Energy led a $228-million rally in the Nigerian equity market, with its stock surging 9.99 percent and boosting investor confidence across the board.
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Nigerian billionaire Tony Elumelu buys 6 million more Seplat shares, lifting stake to 21%
Tony Elumelu bought 6 million more Seplat shares through Heirs Energies, raising his combined stake in the Nigerian oil producer to 21.07%.
Benin-born oil veteran Samuel Dossou-Aworet holds $1.4 billion of Nigerian oil shares
Samuel Dossou-Aworet's stakes in Seplat and Aradel are worth $1.43 billion, built by a Benin-born engineer who once ran Gabon's oil sector.
Billionaires Tony Elumelu, Samuel Dossou-Aworet and Austin Avuru to pocket $30 million Seplat dividend
Seplat's 12-cent dividend delivers $14.4 million to Tony Elumelu's Heirs, $9.7 million to Petrolin and $6 million to Austin Avuru. GHOST
Oil tycoon Samuel Dossou-Aworet's Seplat stake has surged to $670 million and keeps climbing
Samuel Dossou-Aworet's 13.5% stake in Seplat Energy through Petrolin Group is now worth $670 million, up $300 million since the start of 2026.
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Africa's richest man Aliko Dangote's Kenya refinery deal faces urgent court case
Kenya's High Court has certified as urgent a petition seeking disclosure of the money, land and guarantees behind the state's stake in Dangote's Lamu refinery.
Late Nigerian banker Herbert Wigwe's Access Holdings has lagged rivals since his death
Access Holdings shares have risen 23% since Herbert Wigwe's death, while First HoldCo, Zenith, GTCO and UBA gained between 77% and 489%.
How Ghanaian media mogul Osei Kwame Despite built his empire from cassettes
Osei Kwame Despite sold cassettes in Dunkwa before building Peace FM, UTV, salt and food businesses and Ghana's first major car museum.
Indian billionaire Gautam Adani signs deal for 770 MW hydropower project in Bhutan
Gautam Adani’s Adani Power has signed a deal with Bhutan’s DGPC to develop a 770 MW hydropower project under a 49:51 partnership.