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Nigeria: Tony Elumelu aims to build an oil giant with Seplat Energy

Tony Elumelu, chairman of Seplat Energy, aims to build a Nigerian oil champion.

Published 3j1 sourceNotable
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20s

The fact

Drawing on his success with UBA in banking, he is pursuing an aggressive growth strategy.

Nigeria's oil sector remains highly constrained by regulations and competition.

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Auto-synthesis from 1 media source · identified on August 19, 2026
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