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BREAKING: Tony Elumelu raises Seplat stake

Heirs Energies, the energy investment company of Tony Elumelu, has acquired an additional 1% stake in Seplat Energy Plc at the cost of about $70 million (N94 billion), bringing the total shareholding of the Heirs Holdings Group in the oil and gas company to 21.07%. It will be recalled that Elumelu…

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