Affordable and reliable energy provides the right platform for businesses in Africa to create and retain jobs for its fast growing population as well as make the continent sustainable, the Chief Executive Officer of Seplat Energy Plc, Roger Brown, has said.
Positive sentiments resurfaced in the equities sector of the Nigerian Exchange Limited (NGX) yesterday, following gains recorded by many blue-chip stocks, especially Seplat and NGX Group, as market capitalisation appreciated by N60 billion.
An indigenous oil giant, Seplat is yet to heave a sigh of relief from the disaster that struck its hired drilling rig which collapsed in Delta State, leaving one dead and three crew members missing, who are yet to be found five days after the tragic incident.
The Nigerian Maritime Administration and Safety Agency (NIMASA) yesterday, disclosed that the oil rig, which capsized on Tuesday at Ovhor in Warri, Delta State, had been operating on the nation’s waters illegally since 2016
A leading Nigerian independent energy company, Seplat Energy Plc, listed on both the Nigerian Exchange Limited and the London Stock Exchange, has, within a year, experienced 10.2 per cent gas revenue, reaching $63.7 million in six months of 2023 (compared to $57.8 million in six months 2022).
A Federal High Court, Abuja, on Tuesday, awarded a N2 million fine against Seplat Energy Plc for filing a suit against two perceived members of Statutory Audit Committee (STACO) of the company. Justice Inyang Ekwo, who directed the oil giant to pay the defendants in the suit the sum of N1 million each within 30…
The stock market extended gains for the second consecutive session, as persistent bargain hunting in many blue chips, especially Seplat and Eterna lifted market capitalisation further by N52 billion.
Seplat Energy has announced that the working permit, Combined Expatriate Residence Permit and Aliens Card (CERPAC) and other visas for the entry or stay in Nigeria of the company’s Chief Executive Officer (CEO), Roger Brown have been restored by Ministry of Interior and the Nigeria Immigration Service.
The Court of Appeal, Abuja yesterday granted an ex-parte application filed by Seplat Energy seeking to suspend the ruling of Justice Inyang Ekwo made in suit marked FHC/ABJ/CS/626/2023.
The Federal High Court, Abuja has ordered Seplat Energy Plc to hold its yearly general meeting.
A federal High Court, Lagos, yesterday vacated its interim ex-parte order, which restrained a Briton, Mr. Roger Thompson Brown, from his position as Chief Executive Officer (CEO) of Seplat Energy Plc.
The Nigerian government has revoked the work permit, visa, and residence permit of the Chief Executive Officer (CEO) of Seplat Energy Plc, Roger Brown. Minister of Internal Affairs, Rauf Aregbesola, communicated this to the Board Chairman of Seplat Energy Plc accusing Brown of allegations of racism, and discrimination against Nigerian employees and others. “I write…