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Seplat - Page 2

Court Restrains Roger Brown From Operating As Seplat CEO Amid Racism Allegation

A Federal High Court in Lagos State presided by Justice Chukwuejekwu Aneke, has ordered Roger Brown to vacate his Chief Executive Officer (CEO) position at Seplat Energy Plc. This was in response to a motion ex parte filed by applicants and petitioners;

March 10, 2023

Seplat Shareholders Demand Sack Of CEO, Board Amid Legal Fees Controversy

Business·Oil & Gas

Seplat Energy Defends CEO, Roger Brown, Amid Series Of Allegations

The board of directors, Seplat Energy Plc, have thrown their weight behind the company’s Chief Executive Officer, Roger Brown, after a series of allegations made against him by the Federal Government. In a letter dated 3 March 2023, written to Seplat’s board,

March 9, 2023

Business·Oil & Gas

FG Accuses Seplat CEO, Roger Brown, Of Racism, Withdraw His Visa

The Federal Government has revoked the work permit, visa, and residence permit of the Chief Executive Officer (CEO) of Seplat Energy Plc, Roger Brown. Nigerian government said Seplat workers accused Brown of racism and favouring foreign workers. He allegedly discriminates against Nigerian

March 9, 2023

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Business·FEATURES·Insights·Oil & Gas

Top Five Nigerian Oil Companies By Revenue Market Share

Despite the scarcity of Premium Motor Spirit (PMS) in 2022, which led to some retailers shutting down their outlets, the revenue generated by the oil sector grew by 32.61 per cent. According to the financial statements of six oil companies analysed by

January 23, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Investors Lose N426.06 billion, As Sell-off Rocks BUA Foods, Seplat On Nigerian Stock Market

Investors lost over N426.06 billion on Tuesday, resulting to the market capitalisation closing down at N26.18 trillion. This was due to sell off among traders, which caused the market capitalisation to depreciate by -1.60%, having closed Monday’s trading with N26.61 trillion. Today’s

August 23, 2022

Business·Oil & Gas

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

Seplat Energy has reacted to statement by presidential spokesperson, Garba Shehu, that President Muhammadu Buhari has reversed the approval given for the acquisition of Mobil Producing Nigeria Unlimited (MPNU). Shehu, on Wednesday, had stated that President Buhari had chosen to stand behind

August 11, 2022

Business·Oil & Gas

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

Seplat Energy has threatened to file lawsuit against persons creating falsehood relating to its acquisition deal with ExxonMobil, as disagreement within President Muhammadu Buhari’s government stalls the completion. The company issued the warning after it was accused of impropriety in the process

August 11, 2022

Business·Oil & Gas

Nigeria’s Oil Regulator, NUPRC, Blocks Seplat, ExxonMobil’s Acquisition Deal, After Buhari’s Approval

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has denied the approval of Seplat’s acquisition of ExxonMobil’s Nigerian subsidiary. On Monday, Seplat had announced that President Muhammadu Buhari has approved the acquisition of Mobil Producing Nigeria Unlimited

August 9, 2022

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business·Oil & Gas

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

The Federal Government has approved Seplat’s acquisition of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, after the Nigerian National Petroleum Company (NNPC) initially block the deal. In a statement released on Monday to the capital market, Nigerian Exchange Limited (NGX),

August 8, 2022

Business·Oil & Gas

Seplat Founder, Austin Avuru, Suffers Setback In Tell-all Book Launch

The former chief executive of Seplat Energy, Austin Avuru, has experienced a setback in his tell-all book set for release on August, after the Federal Capital Territory High Court in Bwari, shutdown the launch. Avuru had authored the book titled; “My Entrepreneurship

July 28, 2022

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Seplat - Page 2

Court Restrains Roger Brown From Operating As Seplat CEO Amid Racism Allegation

Seplat Energy Defends CEO, Roger Brown, Amid Series Of Allegations

FG Accuses Seplat CEO, Roger Brown, Of Racism, Withdraw His Visa

Top Five Nigerian Oil Companies By Revenue Market Share

Investors Lose N426.06 billion, As Sell-off Rocks BUA Foods, Seplat On Nigerian Stock Market

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

Nigeria’s Oil Regulator, NUPRC, Blocks Seplat, ExxonMobil’s Acquisition Deal, After Buhari’s Approval

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

Seplat Founder, Austin Avuru, Suffers Setback In Tell-all Book Launch

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