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ABC Orjiakor, who owns a 6.4-percent stake in Seplat Energy, one of Nigeria’s largest energy companies, ranks as one of Nigeria’s wealthiest business figures.
Billionaires.Africa has cataloged companies owned by and linked to Avuru. Here are five companies under his direct or indirect ownership.
Orjiako owns a significant 6.4-percent stake in Seplat Energy Plc, one of Nigeria’s largest energy companies.
Dossou-Aworet’s meteoric rise from humble beginnings to the pinnacle of Africa’s energy elite is a tale of determination and razor-sharp business acumen.
Seplat parted ways with Orjiako due to multiple material corporate governance breaches.
Orjiako and Avuru are the founders of Seplat Energy.
Orjiako and Austin Avuru are both credited with turning Seplat Energy into the largest listed company on the Nigerian Exchange.
Orjiako and Avuru own a 6.43-percent and 8.2-percent stake in Seplat Energy, respectively.
Orjiako owns a 6.43 percent stake in Seplat Energy.
The payments were made to 18 firms linked to Orjiako and Avuru.
Seplat Energy is an independent oil and gas company.
As Seplat’s CEO, Brown was instrumental in completing the group’s dual listing on the Nigerian and London stock exchanges.
Orjiako and Avuru own a significant 6.43-percent and 8.2-percent stake in the leading energy firm, respectively.
The LSE’s statement comes just a few weeks after Orjiako retired as chairman.
The government cited overriding national interests as one reason for rejecting the $1.58-billion deal.
Orjiako’s stake in Seplat Energy is valued at $118.5 million.