Seplat Energy
Nigerian energy tycoon Austin Avuru’s Seplat extends $1.28-billion ExxonMobil acquisition deal
Investor confidence remains shaky due to ongoing legal and regulatory issues.
Nigerian energy tycoon Austin Avuru’s Seplat to boost gas production by 390 mmscfd
The announcement coincides with Seplat celebrating its rise from a vision shared by co-founders Ambrosie Bryant Chukwueloka Orjiako and Avuru to a prominent African energy player.
Nigerian energy tycoon Austin Avuru-linked Seplat generates $1.7-billion cash flow in last decade
Since its IPO on the Nigerian Exchange and London Stock Exchange in 2014, Seplat Energy has generated $1.7 billion in cash flow.
Nigerian energy tycoon ABC Orjiako’s Seplat Energy surpasses $1-billion revenue mark
In light of its impressive financial performance, Seplat Energy’s board of directors has proposed a final dividend of $0.03 per share, along with a special dividend at a rate of $0.03 per share.
Nigerian energy tycoon ABC Orjiako’s Seplat stake surges by nearly $10 million
Orjiako, a former director of the Lagos-based energy conglomerate, holds a 6.43-percent stake in Seplat Energy.
Nigerian tycoon Emeka Onwuka pockets $1.5-million salary from Seplat in 2022
Onwuka, the CFO of Seplat Energy, experienced a substantial 7.78-percent increase in his 2022 compensation, reaching $1.55 million.
Nigerian energy tycoon Bryant Orjiako’s stake in Seplat surges by $30 million
Orjiako, a former director of the Lagos-based energy conglomerate, holds a 6.43-percent stake in Seplat Energy.
Nigerian energy magnate Austin Avuru gains $39.1 million from Seplat stake
As one of the founders and former directors of the Lagos-based energy conglomerate, Avuru owns a significant 8.2-percent stake in Seplat Energy.
Gabonese oil tycoon Samuel Dossou-Aworet’s stake in Seplat crosses $230-million mark
Dossou-Aworet has recorded a notable surge in his fortune, propelled by the performance of his holdings in Nigeria’s largest listed energy group.
Court sets date for ruling on Nigerian multimillionaire ABC Orjiakor’s $101-million debt lawsuit
ABC Orjiakor, who owns a 6.4-percent stake in Seplat Energy, one of Nigeria’s largest energy companies, ranks as one of Nigeria’s wealthiest business figures.
5 companies owned by Nigerian energy magnate Austin Avuru
Billionaires.Africa has cataloged companies owned by and linked to Avuru. Here are five companies under his direct or indirect ownership.
High court freezes assets of Nigerian energy billionaire Ambrosie Bryant Orjiako
Orjiako owns a significant 6.4-percent stake in Seplat Energy Plc, one of Nigeria’s largest energy companies.
Meet Gabonese oil tycoon Samuel Dossou-Aworet, who owns $170-million share in Nigeria’s top energy group
Dossou-Aworet’s meteoric rise from humble beginnings to the pinnacle of Africa’s energy elite is a tale of determination and razor-sharp business acumen.
Seplat ends contract with Nigerian energy magnate over breaches endangering its $3.5 billion in assets
Seplat parted ways with Orjiako due to multiple material corporate governance breaches.
Nigerian energy titans Orjiako, Avuru to pocket $6.46 million in dividends
Orjiako and Avuru are the founders of Seplat Energy.