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Tag Archives: Seplat Petroleum Development Company Plc

Puchercos reveals why Lafarge Africa earned membership of NSE Premium Board

Lafarge Michel Puchercos

The managing director of Lafarge Africa Plc., Mr. Michel Puchercos has given fresh details on the company’s successful journey to earning the prestigious member of the Nigerian Stock Exchange (NSE) premium board membership. In his comments shortly after the induction at the Exchange on Monday, he revealed that “Lafarge Africa adopted the LafargeHolcim Code on Ethics and Business Conduct which ...

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Lafarge, Access Bank, Seplat, UBA now members of NSE premium board

NSE Logo 22

The Nigerian Stock Exchange (NSE) on Monday put paid to its earlier announcement that the quartet of Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc have satisfied all protocols to become prestigious members of its Premium Board by admitting them. The NSE Premium Board and the associated Premium Board Index were ...

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Seplat, other indigenous oil players spend over $10.4bn acquiring divested assets

Seplat petroleum

Leading drivers of Nigeria’s local content in oil and gas industry have given testimonies showing how their smartness in acquiring majority of divested infrastructures and assets by International Oil Companies (IOCs) lifted their enterprises. Business Hilights recalls that since a couple of years back, several IOCs including Chevron, Shell, Total, and Eni successfully disposed of stakes in some onshore and ...

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Seplat gets one more year of moratorium on $150m revolving credit deal

Seplat petroleum

Resilience indigenous player, Seplat Petroleum Development Company Plc on Monday announced a one-year extension of its Revolving Credit Facility to December 31, 2018. A statement posted on the Nigerian Stock Exchange (NSE) website on Monday evening said that the present three-year RCF, due to expire at the end of 2017, would now expire on Dec. 31, 2018. Seplat also noted ...

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