Seplat Energy Share Price Crosses N10,000 on NGX, Becomes First Nigerian Stock to Hit Milestone

Seplat Energy Plc has made history on the Nigerian Exchange (NGX), becoming the first listed company to surpass the N10,000 per share mark. The stock closed at N10,450 per unit, setting a new milestone for Nigeria’s equity market and drawing strong attention from investors.

According to market data, Seplat Energy Plc surged by 9.42% in a single trading session, rising from N9,550 to N10,450. This latest jump reflects sustained bullish momentum that has continued to push the company’s valuation higher throughout the year.

On a year-to-date basis, Seplat’s share price has gained 86.27%, increasing from N5,610 at the beginning of January to N10,450. This rally has translated into massive wealth creation for shareholders, with combined gains estimated at N2.90 trillion over the same period.

Market performance shows that investor confidence in Seplat has been reinforced since a major strategic move involving Tony Elumelu, who acquired a 20% stake worth $500 million in December 2025 through Heirs Energies. Following the investment, Seplat Energy Plc’s share price has added over N4,600 in value.

Despite its record-breaking performance, Seplat now ranks as the sixth most valuable company on the NGX, trailing major heavyweights such as Airtel Africa, BUA Cement, Dangote Cement, BUA Foods, and MTN Nigeria. The milestone highlights growing investor appetite in Nigeria’s energy sector and the broader stock market.

source: The Cable