Seplat Energy Archives

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Seplat Energy records 36.9% revenue growth despite crisis

Seplat Energy Plc, an indigenous oil exploration business, increased its revenue from $241.8 million to $331 million in the first quarter of 2023, a 36.9% increase. The Punch reported that the company’s core annual dividend aim was raised by 20% to US 12 cents with a quarterly dividend of three cents, according to its unaudited financial […]

bfatoyepdnlimited-com
29th April 2023
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Business

Seplat Energy’s Q1 revenue hits 37%

Seplat Energy Plc’s first-quarter revenue increased by 36.9 per cent to N152 billion from N100.6 billion, while its gross profit for the period rose by 69 per cent to N91.1 billion from N48.8 billion in 2022. In its released financial report for the first quarter of 2023, Seplat Energy also reported a profit before tax […]

oojopdnlimited-com
28th April 2023
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Appointments

Seplat searches for new chairman after Omiyi’s resignation

Seplat Energy Plc has announced preparations to begin a search for a new board chairman following the retirement of Mr Basil Omiyi. Omiyi made the announcement of his resignation as Seplat Energy board chairman in a statement on Tuesday. He also revealed the resignation of the firm’s Independent Non-Executive Director, Dr. Charles Okeahalam, from the […]

bfatoyepdnlimited-com
26th April 2023
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Controversy as Seplat disputes ExxonMobil deal cancellation

Business

Edo Assembly summons Seplat, others over land dispute

The Management of Seplat Energy and leaders of the Orogho community have been summoned by the Edo House of Assembly on Monday regarding a land dispute. According to the News Agency of Nigeria, the community’s leaders had previously submitted a petition to the House, asking them to prevent Edo land from being given to Delta […]

oojopdnlimited-com
11th April 2023
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Business

Seplat Energy boss Brown resigns after court order

The Chief Executive Officer of Seplat Energy PLC, Roger Brown, has stepped down from his job following the court’s order restraining him from running the organisation for seven days. A statement signed by the Chairman of the board of Seplat, Basil Omiyi, on Friday, reveealed that Brown has given authority to the Chief Operating Officer, […]

oojopdnlimited-com
10th March 2023
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News

Controversy as Seplat disputes ExxonMobil deal cancellation

Hours after the President, Major General Muhammadu Buhari (retd.), announced the withdrawal of the approval given to Seplat Energy to buy Mobil Producing Nigeria Unlimited’s shares, the company Thursday stated that it had not heard from the Federal Government on the reversal. According to The PUNCH, the company added that it was requesting clarification from […]

oamudipepdnlimited-com
12th August 2022
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Tag: Seplat Energy

Seplat Energy records 36.9% revenue growth despite crisis

Seplat Energy’s Q1 revenue hits 37%

Seplat searches for new chairman after Omiyi’s resignation

Edo Assembly summons Seplat, others over land dispute

Seplat Energy boss Brown resigns after court order

Controversy as Seplat disputes ExxonMobil deal cancellation

Meta explores AI-powered necklace device

NNPC revenue surges 79% to N4.97tn in April.

70% of Nigerian firms depend on generators amid.

NNPCL revenue jumps 79% to ₦4.97tn

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