The Nigerian Exchange (NGX) closed strong on Wednesday, 19 June 2025, with investors showing renewed interest in insurance and oil and gas stocks, pushing the market capitalisation up by ₦1.18 …
SEPLAT ENERGY
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Banking, Finance & InvestmentEconomyFinance & ServicesInsuranceMarketsNigeriaOil & Gas
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AfricaDevelopmentEconomyEnergyInfrastructureNigeriaOil & Gas
Nigerian Oil Companies Now Lead Nation’s Crude Production as Indigenous Firms Surpass 50% Output Share
Nigeria’s oil and gas industry is undergoing a major transformation as local oil companies now produce more than half of the country’s total crude oil output. This development marks a …
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaOil & Gas
Nigerian Stock Market Gains 64% in One Year Amid Investor Confidence and Strong Corporate Results
The Nigerian stock market has recorded a major gain of 64.11 per cent from July 2023 to June 2024, as the All-Share Index of the Nigerian Exchange Limited (NGX) rose …
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BusinessDevelopmentEconomyEnergyGOVERNMENTInfrastructureINVESTMENTOil & Gas
Seplat Energy Boosts Production in Q1 2025, Hits 131,561 Barrels Daily, Reports $306.5m Operational Cash Flow
Seplat Energy has recorded a major leap in its hydrocarbon production, with average daily output reaching 131,561 barrels of oil equivalent per day (boepd) in the first quarter of 2025. …
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BusinessBusiness InsightsBusiness PoliciesEconomyEnergyInfrastructureNigeriaOil & GasSecurity
Seplat Energy to Boost Gas Supply to Nigeria LNG by 12% Amid Pipeline Challenges
igeria LNG Limited is set to receive a major boost in gas supply as Seplat Energy has entered into a new preliminary agreement to supply over 150,000 tons of gas …
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BusinessEconomyFinance & ServicesGOVERNMENT
Dangote Cement Wins Platinum at Corporate Reporting Awards
Reporting Award for 2023, with MTN Nigeria taking the gold and Seplat Energy emerging as the runner-up. The award ceremony, held on Tuesday at the Nigerian Exchange (NGX), was organized …
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EnergyNigeriaTechnologyWestern Africa
Seplat witnesses a profit jumps 9-month by 144% to N34 billion amid oil price boom
Nigeria’s biggest quoted oil and gas company Seplat Energy Thursday posted a net profit of N34 billion ($618.6 million) for the year to September, 144 per cent stronger than the …
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AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
Seplat denies ExxonMobil deal cancellation, says they have not received notification
Seplat Energy, on Thursday, said it had not received any official notification from the Federal Government of Nigeria reversing its proposed acquisition of the entire share capital of Mobil Producing …
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AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
NUPRC rejects sale of ExxonMobil’s assets as approved by Buhari
The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has rejected the sale of ExxonMobil’s assets to Seplat Energy as approved by President Muhammadu Buhari. Recall that the President had in a statement …
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AfricaBusinessEnergyNewsNigeriaOil & GasWestern Africa
Seplat Energy begins commercial injection of crude oil through Amukpe-Escravos pipeline
Seplat Energy, Nigeria’s leading energy supplier has commenced the commercial injection of crude oil through the new Amukpe-Escravos Pipeline located in Niger Delta. The company previously depended on the Trans …