Seplat Energy, founded by Austin Avuru, propels Nigerian equity market to $228-million gain
Seplat Energy led a $228-million rally in the Nigerian equity market, with its stock surging 9.99 percent and boosting investor confidence across the board.
Related
Nigerian businessman Tony Elumelu joins Seplat Energy as non-executive director
Seplat said Tony Elumelu’s experience will strengthen board oversight as the company pursues growth in Nigeria’s evolving energy market.
Seplat begins ANOH gas production weeks after Tony Elumelu’s Heirs Energies takes $500 million stake
Seplat Energy begins ANOH gas production, increasing Nigeria’s gas supply and supporting industrial and domestic energy needs.
Seplat, co-founded by Austin Avuru, completes key offshore gas upgrade
Seplat, co-founded by Austin Avuru, boosts offshore output after completing its key Inlet Gas Exchanger upgrade in OML 67.
Seplat, co-founded by Austin Avuru, raises crude production with 26 wells rehabilitated
Seplat boosts crude output by 33,000 barrels daily after reviving 26 wells, driving Nigeria’s oil and energy recovery.
Latest
Billionaire-backed Curro moves to fully take over Meridian schools platform
Curro, backed by Jannie Mouton’s foundation, has been cleared to acquire Meridian linked entities, tightening control of its cost conscious school brand.
South African billionaire Michiel Le Roux’s Capitec nears Nedbank-level profits
Capitec’s projected earnings of up to $1.07 billion shifts Michiel Le Roux’s mission is to build a simplified, mass-market banking giant challenging South Africa’s biggest lenders
South African Agri tycoon Sean Walsh steps down as KAL Group CEO after 15 Years of transformational leadership
Veteran executive Sean Walsh is stepping down as CEO of KAL Group after nearly fifteen years of guiding expansion and transformation, while continuing to serve as Agbiz chairperson until June
Sam Darwish's IHS Towers exits Brazil Fibre market in $452 million Deal
IHS Towers CEO Sam Darwish has signed a deal to exit Brazil fibre market, selling a majority stake in I Systems for $452.6 million.