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Seplat Sustains Regulatory and Industry Accolades as Shares Surge Past N10,000

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Home»Business»Seplat Sustains Regulatory and Industry Accolades as Shares Surge Past N10,000
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Seplat Sustains Regulatory and Industry Accolades as Shares Surge Past N10,000

MujeedatBy Mujeedat2 Mins Read
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Seplat Energy Plc has continued to earn top regulatory, market and industry recognition, reinforcing investor confidence in its governance, financial discipline and growth strategy. On April 14, the company became the first firm on the Nigerian Exchange to cross the ₦10,000‑per‑share threshold, with its stock climbing to about ₦10,450, a move analysts attribute to strong institutional demand and optimism about Seplat’s expanded asset base and earnings outlook.

 

The company further strengthened its reputation by winning the Platinum Award at the ICAN-NGX Regulation Limited Corporate Reporting Awards on April 21, ranking first overall among leading listed firms. The award evaluates companies on the quality of their financial reporting, corporate governance and sustainability disclosures, with emphasis on transparency, compliance with international standards, and the integration of environmental, social and governance considerations. Market participants view such recognition as a sign of lower reporting and governance risk, which is critical for firms seeking both domestic and cross‑border capital.

 

Seplat also made a notable entry into the Brand Finance Nigeria 25 Report, ranking ninth among the country’s Top 10 Most Valuable Brands for the first time. The report highlighted that the company recorded the fastest brand‑value growth among the ranked firms, with its brand value leaping 97 per cent to ₦194.5 billion, driven by higher production, improved cash generation and the consolidation of offshore assets. Brand Finance Nigeria Managing Director Babatunde Odumeru noted that Seplat’s standout growth shows the market rewarding operational discipline and strong strategic positioning.

 

In addition, Seplat picked up the Energy Company CSR Excellence Award at the Energy Times Awards 2026 and was named Outstanding Energy Company of the Year 2025 at the Industry Newspaper Awards, reflecting the firm’s community investment and broader sustainability programmes. Chief Executive Officer Roger Brown said earlier this year that the company’s expansion into offshore operations, alongside sustained onshore output, had strengthened cash flow and helped reduce its cost of debt.

 

Seplat has said it remains on track to deliver a planned cumulative return of about $1 billion in capital to shareholders by 2030, as it seeks to balance growth ambitions, shareholder returns and Nigeria’s broader energy transition objectives. The company is listed on the Premium Board of the Nigerian Exchange and the Main Market of the London Stock Exchange, underlining its dual‑market footprint and international investor base.

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Seplat Sustains Regulatory and Industry Accolades as Shares Surge Past N10,000

Nigeria Well Positioned as West Africa’s Renewable Energy Manufacturing Hub—REA 

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