Seplat restrategises to mitigate losses, boost cash flow
To mitigate downtime losses, Seplat Plc, has said it is currently co-financing a third-party operated Escravos Pipeline, which is projected to be fully commissioned and operational this third quarter. The pipeline is expected to serve as the primary evacuation route and deliver crude oil to Escravos, which is a Chevron Nigeria operated terminal…
Stakeholders at gas roundtable seek policies to boost investment
Stakeholders who gathered at a Roundtable for Gas Development, organised by The Business Year, in partnership with the Lagos Petroleum Club, have emphasised the need for the Federal Government...
Seplat, Mobil others top stock market N76 billion loss
Price losses yesterday continued to outweigh gains on the trading floor of the Nigerian Stock Exchange (NSE), as most blue-chip companies, especially Seplat and Mobil...
Seplat, International breweries, others top market N101b loss
Following price losses suffered by most blue chip companies, especially Seplat, and international Breweries, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, as market capitalisation dipped by N101billion. Specifically, at the end of transactions yesterday, 37 stocks recorded price depreciation, led by Seplat with 13.50 kobo…
Investors’ wealth appreciates by 3.2% in one month
Following price gains recorded by many blue chip companies, trading on the Nigerian Stock Exchange maintained an upward trend yesterday, as investors’ wealth soared by 3.2 per cent in one month.
Seplat, GlaxoSmithKline, others lift NSE’s indices by N101 billion
Price gains in the shares of some companies on the Nigerian Stock Exchange (NSE), especially Seplat Petroleum, and GlaxoSmithKline, yesterday pushed market capitalisation up by N101billion.
WAIPEC unlocks Africa’s oil, gas potential at forum
The awaiting inaugural West African International Petroleum Conference and Exhibition (WAIPEC) opened doors to delegates and visitors today (February 22) with a two-day...
NPDC, Seplat target pregnant women, teach benefits of child-spacing
The corporate social investment programme ran for two weeks in the company’s host and impact communities of the NPDC/Seplat Joint Venture Assets, in Delta and Edo States.