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JUST IN: Embattled Seplat Revises Purchase Agreement Of $1.28bn ExxonMobil Asset

Seplat Energy has restated its commitment to Mobil Development Nigeria Inc. and Mobil Exploration Nigeria Inc. (ExxonMobil) it is committed to preserving the acquisition...
Business

Seplat Approaches Court To Stop Order Suspending Board Chairman, CEO, 7 Others

Seplat Energy has rushed to court to stop an ex-parte Order suspending its Chief Executive Officer, Roger Brown, Board Chairman, Basil Omiyi, and other...
Business

Seplat Crisis: We Will Take Effective Measures To Protect Nigeria’s Capital Market, SEC Assures

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...
Business

Seplat Sues Retired Founder Orjiako For Fraudulent Use Of Company’s Letterhead

Seplat Energy Plc has cut ties with founder, A.B.C. Orjiako and Amaze Limited for transacting on behalf of the company without the approval of...
Business

How Alleged Maltreatment Of Nigerian Workers By Suspended Seplat CEO Cost Shareholders N73bn Loss

Seplat Energy Plc has lost N73.5bn of its market value in the hit of the racism scandal linked to its suspended Chief Executive Officer,...
Business

Racism: Seplat CEO, Brown Moves To UK Office After FG Revokes Visa, Work Permit

Seplat Energy Plc has said its Chief Executive Officer, Roger Brown, will continue as its boss and has been moved to its UK office.The...
Business

Absence Of Seplat’s Lawyer Stalls Hearing Of Alleged Defamation Suit Against Media House

Due to the absence of plaintiff counsel, an Imo State High adjourned the hearing in a defamation suit brought before it by Seplat Energy...
Business

Seplat Records Minor Success In Gas Flare Reduction, Budgets $11.5m For Sapele, Amukpe, Others

Seplat Energy is budgeting $11.5m for the reduction of gas flare in the Niger Delta communities where it operates.The oil and gas firm said...

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