Why Elumelu’s $500m Seplat investment is now worth over $1bn

Stronger earnings, higher production and a healthier balance sheet have pushed the oil producer’s shares higher as Tony Elumelu’s investment read more Why Elumelu’s $500m Seplat investment is now worth over $1bn

The Briefing Africa

August 21, 2026 · 16:34 · 5 min read

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Why Elumelu’s $500m Seplat investment is now worth over $1bn

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Why Elumelu’s $500m Seplat investment is now worth over $1bn