…Nigeria to unlock 146,000 bpd
…three other divestment deals get FG’s nod
Seplat Energy Plc saw its shares soar to a record high on Monday after the Nigerian government officially approved the company’s acquisition of ExxonMobil’s local assets, a move expected to significantly enhance the country’s energy landscape.
This sale has faced prolonged regulatory delays since its announcement in February 2022.
Data tracked by BusinessDay revealed that the indigenous energy company’s share price rose by 9.9 percent to N5, 738