Elumelu: Africa Can Own Its Strategic Resources
Tony Elumelu declares Africa's capacity to own and manage its resources as Heirs Energies completes a major $500 million acquisition in Seplat Energy, backed by African banks.
Category : Search result: Seplat Energy acquisition
Family Seeks ₦2bn Compensation for LAUTECH Land
The Agunbiade family in Ogbomoso renews its plea for compensation from the Oyo State government for ancestral land acquired for LAUTECH over three decades ago. They question fairness after Osun State reportedly received ₦8bn.
Elumelu's $496m Seplat Deal Set to Boost Fortune
Billionaire Tony Elumelu expands his energy empire, acquiring a 20.07% stake in Seplat Energy for $496 million. The deal makes Heirs Energies the largest shareholder and is expected to significantly increase his net worth. Read the full details.
Elumelu's Heirs Energies Buys $500m Seplat Stake
Heirs Energies, led by Tony Elumelu, has acquired a 20.07% stake in Seplat Energy for $500 million. The deal, backed by Afreximbank, marks a major shift towards indigenous ownership in Nigeria's energy sector. Read the full story.
Heirs Energies Buys $500M Stake in Seplat Energy
Tony Elumelu's Heirs Energies acquires a 20.07% stake in Seplat Energy from Maurel & Prom for $500 million, marking a major shift in indigenous ownership of Nigeria's energy assets. Read the full details.
NIPCO to Boost Stake in Savannah Energy to 26.5%
Savannah Energy ends its share buyback, freeing £10m. NIPCO plans to increase its stake to 26.5% via secondary market deals. A new relationship agreement aims to protect minority shareholders. Read the full details.
Ebonyi Leader Seeks Govt Partnership for Youth Skills in Anambra
The Ebonyi Town Union President in Anambra urges state collaboration for skills acquisition to steer youth away from crime and idleness. Read the full proposal.
Expert Calls for FG Action on Energy Efficiency Policies
Dr Romanus Osabohien urges Nigerian govt to implement energy efficiency policies to tackle insecurity, climate change & economic volatility. Read key insights from his new book launch.
Ilorin Group Elects New Leaders, Pledges N500m Community Impact
Ilorin Likeminds Foundation has elected new executives and reaffirmed its commitment to youth empowerment and community development in Kwara, having invested over N500 million in various projects.
Axxela Wins Carbon Reduction, Sustainability Awards 2025
Axxela Limited secures double honours at the 2025 Social Impact Awards for cutting CO2 emissions by over 703,000 tonnes. Discover how they're driving Nigeria's clean energy transition.
NIPCO saves N44m yearly with solar at fuel stations
NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.
All On's Clean Energy Reaches Over 1 Million Nigerians
All On's 2025 Impact Report reveals its clean energy investments have improved lives for over one million Nigerians. Discover how strategic funding is bridging the energy gap.
7 Steps for Nigeria to Become Africa's Energy Leader
Energy expert Canice Emeka outlines seven non-negotiable steps Nigeria must take by 2035 to become Africa's largest and most reliable energy powerhouse. Learn the plan.
Osun Trains 1,000 in Waste-to-Energy Conversion
Osun State empowers 1,000 youths and women with practical skills to convert waste into clean energy and income. The initiative targets green entrepreneurship and a circular economy.
Otedola Acquires N14.8bn First HoldCo Shares, Stake Hits 18%
Billionaire Femi Otedola consolidates control of First HoldCo, buying N14.8bn shares to raise his ownership stake above 18%. Discover the details of this strategic move.
Clean Energy Improves Lives of 1 Million Nigerians
A new report reveals strategic clean energy investments have powered over 230,000 Nigerian homes and businesses, improving health and economic prospects. Discover the impact.
Warner Bros. rejects Paramount takeover, sticks with Netflix
Warner Bros. Discovery has officially rejected a hostile $108.4 billion bid from Paramount, stating its planned merger with Netflix offers superior value for shareholders. Get the full details on this major Hollywood power struggle.
Jubaili Bros Leads Nigeria's Sustainable Energy Transition
Jubaili Bros, a key player in Nigeria's power sector, is driving the transition to sustainable energy with solar-hybrid systems and strategic partnerships. Discover how they are redefining reliable power.
Netflix Pledges Cinematic Future for Warner Bros Films
Netflix CEO Ted Sarandos promises to maintain theatrical releases for Warner Bros movies if the streaming giant's $83 billion acquisition succeeds. Read the full story.
Ethiopia Leads Africa's Energy Shift with Gas-by-Rail Vision
Ethiopia signs a landmark deal to launch a 73,500km gas-by-rail network, aiming to bring clean energy to 1.2 billion Africans. Read about this ambitious continental transformation.
Trump to be Involved in Netflix-Warner Bros. Deal Review
US President Donald Trump says he will be involved in the regulatory review of Netflix's $83 billion bid for Warner Bros., citing market share concerns. Read the full story.
Netflix Buys Warner Bros for $82.7bn, DStv Loses Channels
Netflix agrees to a historic $82.7 billion acquisition of Warner Bros. Discovery. The deal, set for 2026, will see 11 channels exit DStv and GOtv in Africa. Read the full story.
Churchill's Hermès Bag Stirs Reactions, Celebrities React
Nigerian businessman Olakunle Churchill trends online after flaunting a new Hermès bag. Celebrities like Cubana Chiefpriest & Eniola Badmus react. Read more details.
Nigerian Varsity Tops Africa's Energy Innovation Challenge
Joseph Sarwuan Tarka University's Energiv project wins Schneider Electric's 2025 Battery Innovation Challenge. Discover how African students are powering the continent's sustainable energy future.
Netflix Acquires Warner Bros. in $72B Landmark Deal
Netflix strikes a $72 billion deal to acquire Warner Bros. studios and HBO Max, uniting iconic franchises. Learn how this reshapes streaming for Nigerian viewers.
Netflix Warner Bros. Acquisition Sparks Hollywood Fury
Netflix faces fierce criticism from Hollywood elites and lawmakers over its blockbuster acquisition of Warner Bros. Discovery. Discover why insiders call it a 'disaster' for cinema.
Netflix Buys Warner Bros in $72bn Mega-Deal
Netflix has purchased Warner Bros Discovery's film and streaming assets for $72 billion. This historic deal combines iconic franchises like Harry Potter and DC with Netflix's global platform, potentially altering Hollywood forever. Discover the details an
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix announces a historic $83 billion acquisition of Warner Bros. Discovery, reshaping the global entertainment landscape. Get the full details on this landmark deal.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix agrees to acquire Warner Bros. Discovery for nearly $83 billion, the biggest entertainment merger since Disney-Fox. Details inside.
Akwa Ibom Pays N1.6bn Transport Refunds to Job Seekers
Governor Umo Eno approves over N1.6 billion in transport refunds for civil service CBT applicants. 12,000 candidates proceed to oral interviews in 2026. Read the full details.
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