Seplat

Seplat Slumps, Airtel Africa Rallies as Zenith, GTCO Drag NGX to Flat Close

Seplat Slumps, Airtel Africa Rallies as Zenith, GTCO Drag NGX to Flat Close

The Nigerian Exchange (NGX) closed marginally lower on Wednesday as losses in Seplat, Zenith Bank, and GTCO offset gains in… Read More

3 weeks ago

Bearish Mood Deepens as NGX Loses ₦48bn, Naira Weakens to ₦1,615 in Parallel Market

The Nigerian Exchange (NGX) closed Thursday’s session on a negative note, with the All-Share Index (ASI) declining by 0.07% to… Read More

2 months ago

House of Representatives Recovers $14.2 Million from Oil Companies

The Nigeria House of Representatives Public Accounts Committee (PAC), chaired by Rep. Bamidele Salam, on March 31, 2025, disclosed the… Read More

4 months ago

Seplat Energy Targets $650m Bond to Refinance Existing Debt

Seplat has announced the launch of a $650 million Senior Notes offering due 2030. The net proceeds from this issuance… Read More

4 months ago

Seplat discloses $1.98 million pay for CEO Roger Brown as part of board remuneration report

Seplat Energy has revealed that Roger Brown, its Chief Executive Officer, earned $1.98 million in total remuneration for the financial… Read More

4 months ago

Seplat To Double Oil Production to 120,000 bpd In Six Months, CEO Says President Tinubu Realises Oil Production Great Way to Support the Naira

Seplat Energy, the Nigerian oil company that recently acquired the local operations of ExxonMobil, has announced plans to double its… Read More

6 months ago

ExxonMobil’s $1.3 Billion Asset Sale to Seplat Approved

In a significant development, Nigeria’s oil and gas sector has reached a milestone with the official approval of ExxonMobil’s $1.3… Read More

9 months ago

Local players crucial for Nigeria’s oil production growth, says Seplat CEO

Seplat Energy PLC has stated that Nigeria’s sub-surface potentials could be significantly optimised and oil and gas production levels increased… Read More

1 year ago

NNPC, ExxonMobil seal $1.2 billion deal to boost Nigerian oil sector

The Nigerian National Petroleum Corporation (NNPC) and ExxonMobil have reached a landmark $1.2 billion divestment agreement, marking a significant milestone… Read More

1 year ago