Tycoon Elumelu Acquires Stake in Biggest Nigerian Oil Explorer
Nigerian tycoon Tony Elumelu’s company agreed to acquire a 20% stake in the nation’s biggest oil explorer by value to expand his energy business.
By Nduka Orjinmo · Bloomberg Markets
Nigerian tycoon Tony Elumelu’s company agreed to acquire a 20% stake in the nation’s biggest oil explorer by value to expand his energy business.