The company made history on April 14 as the first firm on the Nigerian Exchange to surpass the ₦10,000-per-share mark, with its stock climbing to about ₦10,450—an indication of robust institutional demand and positive sentiment around its expanding asset base and earnings outlook.

Further strengthening its profile, Seplat secured the Platinum Award at the ICAN–NGX Regulation Limited Corporate Reporting Awards on April 21, ranking first among listed companies in financial reporting quality, corporate governance, and sustainability disclosures.

In addition, Seplat entered the Top 10 Most Valuable Brands in Nigeria for the first time, ranking ninth in the 2026 Brand Finance Nigeria 25 Report, with brand value nearly doubling to ₦194.5 billion—the fastest growth among ranked companies.

The company also earned 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 its strong commitment to sustainability and community investment.

Chief Executive Officer Roger Brown attributed the company’s performance to its expansion into offshore operations and sustained onshore output, which have boosted cash flow and reduced borrowing costs.

Seplat said it remains on track to deliver $1 billion in cumulative returns to shareholders by 2030, as it balances growth, shareholder value, and Nigeria’s energy transition goals

About Seplat Energy

Seplat Energy Plc is Nigeria’s leading indigenous energy company. It is listed on the Premium Board of the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the London Stock Exchange (LSE: SEPL). Through our strategy to build a sustainable business and drive the energy transition, we are transforming lives by delivering affordable, reliable, and sustainable energy that drives social and economic prosperity.

The post Seplat Hits ₦10,000 Mark, Bags Top Industry Honours appeared first on Business Today NG.

According to the Company, lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs).

The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, said this while delivering the Keynote Address at the ongoing 42^nd Nigerian Association of Petroleum Explorationists (NAPE) Annual Conference & Exhibition, happening in Lagos.

Mr. Brown, who was represented by the Director, New Energy at Seplat Energy, Mr. Okey Mba, spoke on the Conference theme: Resolving the Nigerian Energy Trilemma: Energy Security, Sustainable Growth and Affordability.

According to him, Nigeria must improve energy access and achieve a balance between equity, security and sustainability; as the country faces the challenges of population growth and lack of economic and social development because of poor energy access.

“Nigeria’s development will require significant improvements in access to energy. With gas, significant development gains can be achieved with minimal impact on emissions.

The country must transition away from reliance on biomass and oil as its primary sources of energy,” he stressed.

He made a strong case for gas as Nigeria’s transition fuel; saying it is proven and accepted as transition fuel in developed North with large local resources in Africa (Nigeria having the largest) and multiple essential uses beyond power.

He explained that Nigeria’s abundant gas reserves offer a local solution to resolving the country’s energy trilemma; given that as gas is developed it is likely the reserves will grow materially. Nigeria has estimated 209 Tcf of reserves by many experts believe it is 2 to 3 times that amount.

“Nigeria’s estimated 40GW(plus) power generation sets (gensets) could be displaced by cleaner, cheaper utility-scale gas and renewables. Every gigawatt (GW) of generator power displaced by cleaner utility-scale gas will decarbonise Nigeria’s energy system and reduce the cost of energy. Our industry must focus on end-to-end solutions to unlock the full value of Nigeria’s gas so we can resolve the energy trilemma,” he added.  

The energy firm focus is on supporting more power generation, reducing emissions and creating new gas product lines with its joint venture investments aimed at enhancing capacity at the ANOH and Sapele gas plants, and so on.

Seplat’s JV investments in gas will deliver significant value for all stakeholders, as the company leverages new business lines in Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG), and decarbonizing its operations through reduced flaring and diesel replacement.

The post Seplat Energy Canvasses Improved Energy Access For Nigeria’s Development appeared first on Business Today NG.