Seplat Energy has made history as the first NGX stock to cross the ₦10,000 share price🔥

Historic Milestone: Seplat Energy made NGX history on April 14, 2026, becoming the first listed company to close above the ₦10,000 per share mark. It reached a new all-time high of ₦11,000 this week. The "Elumelu Effect": The massive rally (up approximately 80% since January) is largely attributed to the entrance of Tony Elumelu's Heirs Energies, which acquired a 20.07% stake in late 2025. Elumelu joined the board in January 2026, triggering a major market re-rating of the stock. Exceptional 2025 Results: The surge is underpinned by strong fundamentals. Seplat reported $2.73 billion in revenue for FY 2025 (a 144% increase) and a total dividend of 25.0 cents per share, a 52% jump from the previous year. Institutional Tailwinds: Renewed foreign investor interest is high following Nigeria's reclassification by FTSE Russell to "Frontier Market" status, with Seplat identified as a primary beneficiary of the projected $1 billion in incoming passive capital.

Seplat Energy has made history as the first NGX stock to cross the ₦10,000 share price🔥

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