The Federal Government has approved Seplat Energy’s purchase of Exxon Mobil’s onshore assets valued at $1.28b billion. The chief executive officer of the Nigerian Upstream Petroleum...
Indication has emerged that the $1.28bn divestment of ExxonMobil’s Nigerian assets to Seplat Energy is poised to receive ministerial approval within days. President Bola Tinubu announced...
SEPLAT, TRANSCORP HOTEL, LASACO and UCAP topped the list of stocks to watch in the new week after investors gained N178.05 billion after five days of...
Investors in the Nigerian equities enjoyed a positive trading week last week enjoying five consecutive days of positive trading. They smiled home with a profit of...
The Nigerian National Petroleum Company (NNPC) Limited has disclosed that a settlement agreement has been signed for the divestment of ExxonMobil’s stake in Mobil Producing Nigeria...
After a trading week characterized by four days of gaining and a day of loss, Seplat, Airtel Africa, Geregu, and Bua Foods are some of the...
Two cement stocks, Dangote and Bua, Bua foods, and Seplat are some of the stocks that investors can watch out for in the new week. The...
The oil and gas industry generated over N493.77 billion in revenue in the third quarter (Q3) of 2023, with Seplat closing the period as the best-performing...
Seplat Energy Plc has declared an interim dividend payout of N29.9 per ordinary share for investors on both the Nigerian and London stock exchanges. This declaration...
Scammers are using Seplat brand to swindle unsuspecting Nigerians, luring them with Purchase Orders (PO) or Request for Quotations (RFQ)/Invitation to Tenders (|TTs). Seplat in a...
Three persons who were unaccounted for after an incident near Ovhor area of Delta State in which a drilling rig “Majestic” operated by Depthwize collapsed while...
One person has been confirmed dead, and three others are missing after a drilling rig operated by the indigenous oil firm, Seplat Energy, crashed on Tuesday...
Companies operating in the Nigerian oil and gas sector have dominated trading activities in the capital market in the last week as investors mop up oil...
On Monday, the stock market will not open due to the Presidential inauguration of President-elect, Bola Tinubu, however, on Tuesday, the bourse will open for investments....
The board of Seplat Energy has responded to a fresh court order against its top executives, saying the company is yet to receive the Interim Order....
Seplat Energy has revealed that the company’s Chairman, Basil Omiyi, will resign ahead of its ongoing proposed acquisition of assets belonging to ExxonMobil. Ripples Nigeria previously...
The Federal Government has withdrawn the lawsuit filed against Seplat Energy, the oil & gas company revealed in a statement on Thursday. A week ago, Ripples...
These top 10 stories across the nation’s newspapers might interest you. 1. Chimamanda questions US, UK’s motives for congratulating Tinubu American President Joseph Biden and British...
The Federal High Court in Lagos has set aside the ex parte interim order made against Seplat Energy’s Chief Executive Officer, Roger Brown. Ripples Nigeria had...
Unilever Nigeria, Seplat and Access Bank made it into the stocks to watch list this week due to various reasons that are not capital market related....
Seplat Energy has sued its co-founder, A.B.C Orjiako, and his firm, Amaze Limited, for breaching its operational guidelines. Amaze Limited served as a consultant for Seplat...
The completion of Seplat Energy’s ANOH gas processing plant is being delayed by NNPC Gas Infrastructure Limited (NGIC), with production pushed to the fourth quarter (Q4)...
The stocks to watch list this week includes Seplat, Dangote Cement and Bank stocks as the Nigerian stock exchange resumes for another trading week. Ripples Nigeria...
Seplat Energy has announced that its Chief Executive Officer, Roger Brown, will be stepping aside temporarily from his role for Samson Ezugworie, the Chief Operating Officer...
The Chief Executive Officer (CEO) of Seplat Energy Plc, Roger Brown, has been barred by a federal high court in Lagos from performing his leadership responsibilities....
Seplat Energy Plc chairman, Basil Omiyi, and the board of directors have stated that the company’s Chief Executive Officer (CEO) Roger Brown, will discharge his duties...
The stock market resumes trading this week, with a focus on Wema Bank, Seplat and Zenith Bank on the exchange floor of the Nigerian Exchange Limited...
It has been 12 months since Seplat Energy announced that it has entered into agreements with ExxonMobil to acquire the entire share capital of Mobil Producing...
Nigerian oil companies are the biggest gainers in the scarcity of Premium Motor Spirit (PMS) within the country, that has led to Nigerians buying fuel above...
With the Nigerian stock exchange resuming this week, Seplat, Ardova and Flour Mills of Nigeria (FMN) are some of the stocks investors need to watch out...
A Non-Executive Director with Seplat Energy Limited, Kazeem Raimi, has sold his entire shares in the company following President Muhammadu Buhari’s withdrawal of his approval for...
Seplat share slumped on Thursday at the London Stock Exchange (LSE) after President Muhammadu Buhari rescinded the approval given to the firm to complete the acquisition...
Seplat Energy has informed its investors that the company is holding discussion with the authorities to avert the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from...
Seplat Energy has denied impropriety in the process of securing approval for the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from American multinational oil firm, ExxonMobil....
The approval Seplat secured from President Muhammadu Buhari for its acquisition of ExxonMobil’s Nigerian subsidiary, Mobil Producing Nigeria Unlimited (MPNU), has hit another rock. Chief Executive...
The former Treasurer and Vice President of the World Bank, Arunma Oteh, has resigned her position as a Non-Executive Director in oil and gas company, Seplat...
Seplat, Academy Press, and Fidson are some of the stocks investors need to watch out for this week, as the capital market resumes its five days...
It’s been two years since the oil industry experienced a meltdown in their earnings, with oil price falling to as low as $20 due to Coronavirus outbreak and...
As trading resumes this week in the Nigerian bourse, Seplat, McNichols and Multiverse are some of the stocks that investors should watch out for. Ripples Nigeria...
Seplat Energy’s attempt to acquire Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil, has hit a roadblock after the Federal Government withheld approval for the deal. In...
Seplat Energy Plc has made changes in its board, appointing former Shell Country Chairman, Basil Omiyi, as the firm’s chairman, while Charles Okeahalam was made a...
The outgoing chairman of Seplat, A.B.C Orjiako, will sign a new contract with the oil and gas company after his retirement on Wednesday, a statement by...
Seplat Chief Executive Officer, Roger Brown, the chairman, ABC Orjiako and other investors in the company lost 6% of their investment in four days, as the...
This week’s stocks to watch are Guinness Nigeria, Seplat and Dangote Sugar based on their off-capital market activities which were monitored by Ripples Nigeria. Ripples Nigeria...
The Chief Financial Officer of Seplat, Emeka Onwuka, has dismissed reports that the deal between the company and ExxonMobil has been blocked by Nigerian National Petroleum...
RT Briscoe, Seplat and MTN Nigeria made the list of stocks to watch this week, as short investors, scandal and regulator frustration threaten shareholders investment. Ripples...
Seplat Energy’s plans to buy out ExxonMobil’s shares in its Nigerian unit Mobil Oil Producing Nigeria Unlimited (MPNU) is seriously in trouble as Nigerian National Petroleum...
Seplat chairman, ABC Orjiako, former Chief Executive Officer, Austin Avuru, and other shareholders of the company saw their networth increase by 9.99% on Tuesday, following series...
Seplat Energy will use the $500 million loan facility to complete the acquisition of Mobil Producing Nigeria Unlimited from Exxon Mobil Corporation. Ripples Nigeria gathered that...
Foreign oil companies are exiting the Nigerian oil market, after operating in the market for over 60 years, as the passage of the Petroleum Industry Act...