Seplat Energy Sets N1,358.34/$ Exchange Rate for Q3 2026 Dividend Payment

The announcement provides clarity for shareholders who opted to receive their dividends in naira

Seplat

Seplat Energy Plc has announced an exchange rate of N1,358.34 to the dollar for determining the naira value of its third-quarter 2026 interim and special dividends payable to shareholders who elected to receive their payments in the local currency.The company disclosed this in a statement issued on Thursday, November 12, 2026, in Lagos and London.

According to Seplat Energy, the applicable exchange rate is the Nigerian Foreign Exchange Market (NFEM) rate published by the Central Bank of Nigeria on November 11, 2026.

The company fixed the conversion rate at N1,358.34 per dollar, which will be used to calculate the naira equivalent of the Q3 2026 interim and special dividends.

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Seplat said the exchange rate was determined in accordance with its established dividend payment procedures.

The announcement provides clarity for shareholders who opted to receive their dividends in naira, as the dollar-denominated dividend entitlement will be converted using the published rate.

 

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