Nigeria’s largest oil and gas offering
Published by: Sandy Bhadare at 20/04/2021 A Nigerian oil and gas company has engaged Templars on the issuance of Nigeria’s largest ever oil a.
A Nigerian oil and gas company has engaged Templars on the issuance of Nigeria’s largest ever oil and gas bond offering.
Seplat Petroleum Development Company, headquartered in Nigeria and dual-listed on the London and Nigerian stock exchanges, offered senior notes totalling USD 650 million, to be listed on the
London Stock Exchange (LSE).
The offering, which tops the charts for any offering on the international capital markets by a Nigeria-based issuer, exceeds its first bond issuance in 2018, which totalled USD 350 million.
In line with its commitment to the Nigeria oil and gas industry intervention initiative on the COVID-19 pandemic, being championed by the Nigerian National Petroleum Corporation (NNPC), the Independent Petroleum Producers Group (IPPG) in partnership with NNPC has made an initial donation of 5,000 protective suits and goggles / eyewear; 2,500 -FFP2 / N95 face masks, 500,000 protective surgical face masks and four brand new and fully-kitted Toyota Hiace Ambulances to support the national effort at mitigating the impact and curbing the spread of COVID-19 in Nigeria..
The donation, which was made at an event held in Lagos, is the first in a series of donations which will culminate in the provision of additional medical equipment, grassroots sensitisation and medical infrastructure as part of IPPG’s support of the Federal Government’s effort on the COVID-19 pandemic.
2020 Annual Report and Notice of AGM Seplat Petroleum Development Company Plc ( Seplat or the Company ) confirms it has today published its Annual Report and Accounts for the year ended 31 December 2020 together with the notice of the Company s eight Annual General Meeting ( AGM ) and forms of proxy. The Company will hold its AGM at 11:00am (local time) on Thursday 20 May 2021 at 16a Temple Road (Olu Holloway), Ikoyi, Lagos, Nigeria. In accordance with Listing Rule 14.3.6 copies of the Company s Annual Report and Accounts for the year ended 31 December 2020, the Notice of AGM and proxy forms have also been submitted to the FCA for publication through the document viewing facility of the National Storage Mechanism and will shortly be available for inspection at
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DAR-ES-SALAAM,
(CAJ News) – THE suspension and arrest of a senior government and leadership changes at various government institutions beset by problems, Tanzania president, Samia Suluhu Hassan, has hit the ground running, accelerating the anti-corruption crusade of his predecessor, the now-late John Magufuli.
Thrust into the office under tragic circumstances towards the end of March, the new president has acted swiftly, with Deusdedit Kakoko, Director General of the Tanzania Ports Authority (TPA), who incurred the wrath of the new broom sweeping clean.
Recently, Hassan suspended Kakoko in connection with graft allegations.
The Prevention and Combating of Corruption Bureau (PCCB) has since arrested the beleaguered government official as part of investigations into allegations of embezzlement of public funds amounting Sh3,6 billion (about US$1,55 million).
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