Seplat

Seplat finalizes acquisition of MPNU from ExxonMobil

By Olawale Afolabi Seplat Energy has announced the completion of its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. In a statement released on Thursday, the company described the deal as transformative, highlighting its potential to more than double…

Seplat, Tier-1 banks raise stock market by N6bn

The Nigerian equity market closed positive on Thursday with a gain of N6 billion, driven by investor interest in Seplat and sustained interest in Tier-one banking stocks. Specifically, gains in United Bank for Africa (UBA), Access Corporation, FBN Holdings, Guaranty…