Nigeria’s capital market regulator, the Securities and Exchange Commission has reacted to the crisis in Seplat Energy Plc, saying it is monitoring the situation and would react to protect market integrity.
THE WHISTLER had reported that some aggrieved shareholders of the company accused Seplat’s former Chief Executive Officer, Roger Brown of alleged racism against Nigerians and favouring expatriate workers leading to the withdrawal of his Visa and work permit by Nigerian authorities.
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