2026 – Page 74

News

South African Rand Records Biggest Annual Gain in 16 Years, Ends 2025 Nearly 13% Stronger Against Dollar

South Africa’s rand closed 2025 on a strong footing, gaining nearly 13% against the United States dollar in its best annual performance in more than 16 years, as a broad weakening of the greenback combined with improving domestic fundamentals and…

Published by ttybrandafrica
January 1, 2026

News

Tony Elumelu’s Heirs Energies Acquires 20% Stake in Seplat Energy in $500 Million Landmark Deal

Nigerian billionaire and investor Tony Elumelu, through his energy company Heirs Energies, has acquired a 20 percent equity stake in Seplat Energy, Nigeria’s largest independent oil and gas explorer, in a transaction valued at approximately $500 million. The stake was…

Published by ttybrandafrica
January 1, 2026