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Afrinvest posts positive outlook on Seplat

Afrinvest posts positive outlook on Seplat

Analysts at Afrinvest Securities Limited have said Seplat Petroleum Development Company Plc has the potential to deliver above-inflation high returns in the months ahead. In a review of upstream oil and gas industry, Afrinvest outlined positive outlook for Seplat, noting that the company’s growth history and industry outlook make it a desirable stock for investors. […] …

Court grants $144m judgment against Orjiako, Seplat boss

A Federal High Court sitting in Lagos has certified a judgment delivered by the High Court of Justice Queen’s Bench Division and upheld by the Supreme Court of the United Kingdom, directing Shebah Exploration and Production Company Ltd, Allenne Ltd and Dr. Ambrosie Bryant Chukwueloka Orjiako, Chairman of Seplat Petroleum to pay African Export-Import Bank, Diamond Bank Plc and Skye Bank Plc, the sum of $144.2 mill
Continue reading Court grants $144m judgment against Orjiako, Seplat boss at Vanguard News. …

UBA, SEPLAT, 29 others lead equity market to post 0.84% gain

The Nigerian equity market closed higher on Monday as it gained 0.84 percent following the appreciation in the share price of United Bank for Africa, UBA Plc, Seplat Petroleum Development Company Plc and 29 other companies , thus extending uptrend to three consecutive trading sessions.
Continue reading UBA, SEPLAT, 29 others lead equity market to post 0.84% gain at Vanguard News. …

Why contracts fail, by Seplat

Why contracts fail, by Seplat

SEPLAT Petroleum Supply Chain Management (SCM) General Manager Olusola Ogunbanwo has identified the reasons contracts fail in the country. He listed these as poor monitoring, corruption, political interference and inconsistent government policies. Others, he said, were change of government, bureaucracy, lack of continuity, prices fluctuation, inadequate planning, payments delays and release of funds. Speaking atRead More
The post Why contracts fail, by Seplat appeared first on The Nation Nigeria. …

NSE: Seplat loses N35 to lead losers’ chart

Some major oil stocks recorded price depreciation on the Nigerian Stock Exchange ( NSE ) on Tuesday with Seplat leading the losers’ table. Seplat lost N35 to close at N665.10 per share. Mobil came second with a loss of N7.50 to close at N177, while Total was down by N3.70 to close at N240 perRead More
The post NSE: Seplat loses N35 to lead losers’ chart appeared first on The Nation Nigeria. …

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