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Tony Elumelu gains N684.6 billion from Seplat, UBA stake in Q3, 2026
Summary by The Lagos Editorial Desk · Byline on the source page: Deborah Dan-Awoh , as published by Nairametrics
· October 5, 2026
· 1 min read
Photo: Nairametrics · view original
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Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Deborah Dan-Awoh, as published by Nairametrics Original story Read at the source Source published Oct 5, 2026 Indexed here Oct 5, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The estimated gain from these holdings is N684. Tony Elumelu's holdings in several companies saw significant appreciation in the third quarter of 2026.
Tony Elumelu's holdings in several companies saw significant appreciation in the third quarter of 2026. His stakes in Seplat Energy, United Bank for Africa, and Transnational Corporation Plc increased in value. A sharp rally in Seplat was a key factor in the growth of his portfolio's value.
The estimated gain from these holdings is N684.59 billion. This increase is attributed to the market value appreciation of his investments.
Further details on Tony Elumelu's portfolio and the factors contributing to its growth can be found through Nairametrics.
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Nairametrics reported and published this story. The Lagos selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by Nairametrics . The Lagos selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: News ·
Published: October 5, 2026 ·
Source: Nairametrics ·
Reading time: 1 min
Frequently asked about this story
What is this story about? Tony Elumelu's holdings in several companies saw significant appreciation in the third quarter of 2026. His stakes in Seplat Energy, United Bank for Africa, and Transnational Corporation Plc…
When was this published? This article was first published on October 5, 2026 by Nairametrics and curated for The Lagos readers.
Who reported this story? This story was reported by Deborah Dan-Awoh at Nairametrics. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The Lagos, or browse our daily briefing and topic hubs .
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