Seplat Petroleum Development Company News

Aliko Dangote (Left), Kola Karim, Temitope Balogun (TB) Joshua & Ade Ayeyemi

How Nigeria's top tycoons made their fortunes

Between the politicians and the rich, there is considerable overlap. Running a political campaign is extraordinarily expensive in Nigeria, and many a senator is heard complaining, in private, about how much money is needed to buy a seat.

African M&A deal volume at a seven year high, says Mergermarket

African M&A deal volume at a seven year high, says Mergermarket

A steady increase in African deal flow and interest from overseas investors since the financial crisis points to the increasing maturity of African countries as a destination for M&A.

Tonye Cole, Co-Founder & Group Executive Director, Sahara Group

Nigeria's Sahara to raise up to $1.4B in London & Lagos IPOs along with debut dollar bond sale

Sahara Group, a Nigerian energy company, plans to raise as much as $1.4 billion through a dual listing of its oil and gas unit in London and Lagos along with a debut dollar bond sale.

Bryant (ABC) Orjiako, Chairman, Seplat. Credit: Oil & Gas Council

Nigeria's Buhari should sell stakes in oil and gas joint ventures, says Seplat Chairman ABC Orjiako

Nigeria’s new government should sell its stakes in joint ventures in the country’s energy industry, the chairman of Seplat Petroleum said on Monday, adding his company would be interested in buying, especially in the gas sector.

Mitchell Elegbe, Group Managing Director, Interswitch

Nigeria's Interswitch considers IPO dual-listing on London Stock Exchange & Nigerian Stock Exchange for Africa expansion

Interswitch Ltd., which processes payments for banks and owns a brand of debit cards in Nigeria, is considering initial public offerings in London and Lagos next year as it plans an expansion into new African markets.

Abidjan-based Bourse Régionale des Valeurs Mobilières (BRVM) regional stock exchange covers eight countries in Francophone West Africa.

London Stock Exchange eyes dual listings on West African capital markets

Following on from partnerships and dual listings with a number of African capital markets, the London Stock Exchange (LSE) is looking to foster dual listings with the West African regional exchange.

Alan Linn, CEO, Afren

Nigeria-focused oil producer Afren appoints industry veteran Alan Linn as CEO

Afren, the financially distressed oil and gas explorer, on Tuesday appointed industry veteran Alan Linn as its next chief executive amid talks to conclude a recapitalisation plan for the London-listed company.

Cobus Visagie looks to pass the ball during Springbok training in Cape Town in 2001. Source: Touchline Photo/ALLSPORT/Getty Images

Big-tackling ex-Springbok rugby player Cobus Visagie starts Africa fund

Cobus Visagie recalls making 18 tackles the day South Africa’s national rugby team kicked its way into the World Cup record books to defeat England.

Africa's Top Ten IPOs in 2014

Africa's Top 10 IPOs in 2014 (Infographic)

Africa’s Top 10 IPOs in 2014

Bryant (ABC) Orjiako, Chairman, Seplat

Seplat's Chairman ABC Orjiako on recent acquisitions and growth targets (Video)

Seplat‘s Chairman, ABC Orjiako, speaks about Seplat’s recent acquisitions of oil blocks OMLs 53 and 55, the development of gas operations, and hopes to meet a production target of 85,000 barrels a day by 2017.

Offshore oil rig

Afren ends talks with Nigeria's Seplat Petroleum over potential sale

Oil producer Afren Plc said it had ended talks with Nigeria’s Seplat Petroleum Development Co Plc over a potential sale of the company.

Bryant (ABC) Orjiako, Co-Founder & Chairman of Seplat

Nigeria's Seplat gets more time to make an offer for Afren

British oil producer Afren Plc said the UK Takeover Panel extended the deadline for Nigeria’s Seplat Petroleum Development Co to make a firm offer or walk away.

Arunma Oteh, Director General of Nigeria’s Securities and Exchange Commission (SEC)

Nigeria's SEC announces exit of Director General Arunma Oteh

Nigeria’s Securities and Exchange Commission (SEC) on Sunday announced the exit of Arunma Oteh as the SEC’s Director General.

Bryant (ABC) Orjiako, Co-Founder & Chairman, Seplat

Nigeria's Seplat confirms interest in British oil producer Afren

Seplat Petroleum Development Co Plc confirmed that it was interested in British oil producer Afren Plc.

Afren

Afren shares jump 11% on preliminary offer from Nigeria's Seplat

Oil producer Afren Plc said it had received a preliminary offer for the company from Nigerian oil and gas explorer Seplat Petroleum Development Co Plc.

Cadbury

The 20 most valuable companies in Nigeria

Discover the 20 most valuable companies in Nigeria.

The Global African Investment Summit (TGAIS) 2014

Global African Investment Summit ends with record number of 36 bankable projects worth $246B presented to international investors

The Global African Investment Summit (TGAIS) closed yesterday after two days of high level panels and roundtables to explore investment opportunities in Africa.

London Stock Exchange (LSE)

London Stock Exchange to pursue African company listings

The London Stock Exchange is launching an aggressive attempt to increase the number of listings of African companies in the UK, following strong interest from institutional investors in a recent wave of initial public offerings from the region.

Wale Tinubu, CEO, Oando

Oando moves to Nigeria's top league with $1.5B ConocoPhillips deal

Nigerian oil company Oando completed a $1.5 billion deal to buy ConocoPhillips’s assets in Nigeria on Wednesday, catapulting it to be one of the top players in the West African country’s emerging indigenous oil and gas exploration industry.

Oil and Gas

Oando completes $1.65B acquisition of ConocoPhillips' Nigerian assets

Nigerian oil company Oando (OANDO.LG) completed a $1.5 billion deal to buy ConocoPhillips’s assets in Nigeria on Wednesday, catapulting it to be one of the top players in the West African country’s emerging indigenous oil and gas exploration industry.

Oscar Onyema, CEO, Nigeria Stock Exchange

Nigeria Stock Exchange Chasing A Trillion Dollar Market Cap: Oscar Onyema, CEO, Nigerian Stock Exchange (Video)

Nigeria Stock Exchange Chasing A Trillion Dollar Market Cap: Oscar Onyema, CEO, Nigerian Stock Exchange

Wale Tinubu, CEO, Oando

Oando Shares Surge on the Nigerian Stock Exchange following approval of $1.65B Acquisition of ConocoPhillips Nigeria

Shares in Oando Plc rose the maximum 10 percent allowed on Nigeria’s stock exchange on Friday after the oil firm said it had won government approval to complete a $1.65 billion acquisition of ConocoPhillips’ Nigerian assets.