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Seplat Petroleum Development Company Plc

DBN appoints executive, non-executive directors

The Development Bank of Nigeria (DBN), Nigeria’s primary wholesale development finance institution has announced the appointments of Mrs. Ijeoma Ozulumba and Mr. Kyari Abba Kyari as Executive Director and Independent Non-Executive Director respectively on the board of the Bank.
Seplat Petroleum Development Company

Seplat empowers 143 teachers in Edo, Delta

A total of 143 comprising 100 secondary school teachers and 43 Chief Inspectors of Education (CIE) from Edo and Delta states were proud recipients of Seplat Teachers Empowerment Programme (STEP) Certificates, having concluded their three-month training on the programme.
Seplat Petroleum Development Company

Seplat releases full year audited result, to pay dividends

Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its audited results for 2020, recording a revenue of $530.5 million.
Seplat Petroleum Development Company

Seplat driving sustainability with growing gas business – chief

Seplat Petroleum Development Company Plc, leading indigenous energy company, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria.

AGPC secures $260 million financing for $650 million gas processing facility

ANOH Gas Processing Company Limited (AGPC), a gas processing company established by the Nigerian Gas Company (NGC) and Seplat Petroleum Development Company Plc (Seplat) on a 50-50 basis has successfully raised $260million in debt to fund the completion of the AGPC Gas Processing Plant. The financing was more than 50percent oversubscribed.
Seplat Petroleum Development Company

Edo, Delta communities urge Seplat to end gas flaring, employ youths

Host communities of Seplat Petroleum Development Company Plc in Edo and Delta States have urged the company to gradually put an end to gas flaring to reduce the health implications on residents around the installations and environs.
Seplat Petroleum Development Company

Traditional ruler charges Seplat to increase investments in host communities

A traditional ruler in Edo, King Odoligie Ogiemwonyi, has charged the management of Seplat Petroleum Development Company Plc., to increase investments in the host communities of the company, to make life worth living for citizens.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE strengthens investor protection, upgrades X-Whistle

The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle.
Seplat Petroleum Development Company

Seplat targets more acquisitions as shareholders get $59m dividends

Seplat Petroleum Development Company Plc remains a resilient business with strong balance sheet to acquire more oil and gas assets and ensure sustainable growths and returns to shareholders.
The number of active oil rigs in the country fell by 23.8 per cent to 16 in April amid the coronavirus-induced collapse in prices and demand for crude.

Nigeria’s active oil rigs fall by 24 percent

The number of active oil rigs in the country fell by 23.8 per cent to 16 in April amid the coronavirus-induced collapse in prices and demand for crude.
Seplat Petroleum Development Company

Seplat: Our intervention’ll increase power generation by 1,200mw

Seplat Petroleum Development Company Plc has said the Assa North-Ohaji South (ANOH) gas and condensate processing plant in Imo State slated to commence operations in 2021, will further boost the power generation in Nigeria by over 1,200 megawatts.
Chairman, Securities and Exchange Commission (SEC) Olufemi Lijadu has called for concerted efforts to strengthen the capital market to attract foreign investors.

SEC seeks partnership on capital market growth

Chairman, Securities and Exchange Commission (SEC) Olufemi Lijadu has called for concerted efforts to strengthen the capital market to attract foreign investors.
Godwin Obaseki

Edo governor restates government commitment to partner professionals, NGOs, others

Godwin Obaseki, Governor of Edo State, has restated his administration’s commitment to partner professionals, non-governmental organisations (NGOs), research institutions and entrepreneurs to improve the life chances of children through the application of science, technology and innovation.
Seplat Petroleum Development Company

Seplat grows profit by 15.6% to N37b in H1

Seplat Petroleum Development Company Plc sustained its growth trajectory in the first half as pre-tax profit rose by 15 per cent to N37 billion, equivalent to $121 million.
Seplat Petroleum Development Company

Seplat announces new appointment

Seplat Petroleum Development Company Plc has announced the appointment of Mrs. Edith Onwuchekwa as its new Company Secretary/Chief Governance and Compliance Officer.
Gas flares from an oil production platform at the Soroush oil fields in the Gulf, south of the capital Tehran [Raheb Homavandi-Reuters]

Seplat: Oil, gas investment opportunities abound in Africa

Seplat Petroleum Development Company Plc’s Operations Director, Mr Effiong Okon, has stated that Africa is the destination for gas development and investment.

MTN Nigeria admitted into NSE Premium Board

The Nigerian Stock Exchange on Thursday announced the listing by introduction of 20.35 billion ordinary shares of MTN Nigeria Communications Plc.

Federal government renews licences for Seplat’s three oil blocks

President Muhammadu Buhari has given consent for the renewal of three Oil Mining Licences (OMLs) belonging to oil and gas firm, Seplat Petroleum Development Company Plc.

Zenith Bank lifts trading as investors stake N9.3 billion on shares

Investors traded 450.139 million shares worth N9.397 billion in 2,858 deals compared with 149.653 million shares valued at N2.793 billion exchanged in 3,063 deals the previous day.

Federal government urged to increase education funding

Managing Director Seplat Petroleum Development Company Plc, Mr. Austin Avuru, has urged the Federal Government to increase funding of education tenfold from the present situation.

Lafarge Africa will leverage on Premium Board status to strengthen integrity – MD

Lafarge Africa Plc, on Tuesday said the company would leverage on its new Premium Board status to strengthen integrity in all areas of operation.

Seplat refinances US$300m revolving credit facility

Seplat Petroleum Development Company Plc, a Nigerian indigenous oil and gas company, listed on both the Nigeria Stock Exchange and London Stock Exchange, has announced that it has successfully refinanced its existing US$300 million revolving credit facility due December 2018 with a new four year US$300 million revolving credit facility due June 2022.

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Minister of Interior Ogbeni Rauf Aregbesola, who made the announcement in Abuja at a world press conference, explained that in arriving at the amnesty various issues were looked at and several options considered.

Eid-ul-Fitri: Nigerian government declares Wednesday, Thursday as public holidays

The Federal Government has declared Wednesday and Thursday as public holidays to mark this year’s Eid-ul-Fitr celebration.

#EndSARS: Police commission receives report, pledges to probe abuses

The Police Service Commission has pledged to investigate alleged police misconduct contained in the report of the Action Group on Free Civic Space in Nigeria, which was presented to the commission in Abuja.
The National Business and Technical Examinations Board, NABTEB, has released the 2019 May-June NBC-NTC examinations

NABTEB releases 2020 exam results

The National Business and Technical Examination Board has released the results for the 2020 Ordinary and Advanced level with 25,844 candidates scoring five credits and above with or without English Language and mathematics out of the 32,541 that sat for the exam.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police: 10 Katsina mosque abductees still unaccounted for

Fears still radiated among residents of Jibia community on Monday following the early morning bandits’ abduction of some Muslim worshippers in the town.

BUK students protest ‘killing’ of student on campus

Students of Bayero University, Kano, on Monday, held a protest following the report of the killing of a student at its new campus.

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The National Drug Law Enforcement Agency, (NDLEA) Nnamdi Azikwe International Airport (NAIA), Abuja has intercepted 21.9kg of Cocaine.

FAAN clears air on N2,000 cargo surcharge

Last week, Abah took to Twitter to complain about the extra charge of N2000 which FAAN made him pay after he already paid N35, 000 to Customs for bringing in a CCTV device in his luggage from outside the country.
The National Biosafety Management Agency, NBMA, Tuesday, reiterated commitment to ensuring the eradication of Genetically Modified Organisms, (GMOs) in the country, as well as assuring Nigerians of safe products in the market.

NBMA: No genetically-modified beans or fruits on sale in Nigeria

The Director General/CEO, National Biosafety Management Agency (NBMA), Dr. Rufus Ebegba, has said there is no genetically modified beans or fruits on sale in Nigerian market.
FILE PHOTO: The mothers of anti-government protest leaders facing lese majeste charges, Malai Nampha, Sureerat Chiwarak, Yupin Maneewong and Suriya Sithijirawattanakul attend a demonstration demanding the release of their sons outside Remand prison, in Bangkok, Thailand April 28, 2021. REUTERS/Chalinee Thirasupa

Thai mothers fight for activist children charged with insulting king

Sureerat Chiwarak sat with calm resolve in front of a Bangkok court as her head was shaved in a protest to support her activist son, jailed for weeks without bail on criminal charges of insulting Thailand’s powerful king.
The Chairman of the Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, yesterday denied that Nigeria’s decision to close its borders prompted Ghanaian authorities to clamp down on Nigerian traders in the country.

NIDCOM hails NIHA on efforts to provide succour to 235 million people

The Nigeria in Diaspora Commission ,NIDCOM, has commended the Nigeria Humanitarian Action,NIHA, for bringing humanitarian actors together, to give succour to the more than 235 million people in need of humanitarian assistance and protection in 2021.
The Miyetti Allah has called for the arrest of Chief Sunday Adeyemo popularly known as Sunday Igboho for the alleged assault on the Seriki Fulani of Oyo state, Alhaji Saliu Abdulkadir.

Sunday Igboho: I was ‘misquoted’ on Pastor Adeboye

The Yoruba cultural activist, Mr. Sunday Igboho, has denied mocking Pastor Enoch Adeboye who lost his son recently, saying it was because the clergy man did not support Oduduwa Republic agitation.