BREAKING: Tony Elumelu’s stake in Seplat now worth $1.28 billion
The Chairman of Heirs Group, Mr. Tony O. Elumelu's stake in Seplat Energy Plc, held indirectly through Heirs Energies Ltd and Heirs Holdings Ltd, is now worth approximately $1.28 billion. The post BREAKING: Tony Elumelu’s stake in Seplat now worth $1.28 billion appeared first on Nairametrics .
Tony O. Elumelu, Chairman of Heirs Group, owns a significant stake in Seplat Energy Plc through Heirs Energies Ltd and Heirs Holdings Ltd. This ownership stake is currently valued at approximately $1.28 billion, based on Seplat's closing share price of N12,320.60 per share as of Tuesday, September 1, 2026. The value of Elumelu's holding has increased from the N1.37 trillion valuation in Seplat's unaudited H1 2026 financial statements, released on June 30, 2026.
Elumelu, the founder of UBA, holds 120.4 million shares, representing 20.07% of Seplat. This substantial stake makes Heirs Group the single largest disclosed shareholder in the company.
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