
Nigerian energy magnates Bryant Orjiako, Austin Avuru to pocket $2.15 million in Seplat dividends
Orjiako and Avuru own a 6.43-percent and 8.2-percent stake in Seplat Energy, respectively.
Orjiako and Avuru own a 6.43-percent and 8.2-percent stake in Seplat Energy, respectively.
The payments were made to 18 firms linked to Orjiako and Avuru.
Seplat Energy is an independent oil and gas company.
Orjiako and Avuru own a significant 6.43-percent and 8.2-percent stake in the leading energy firm, respectively.
The government cited overriding national interests as one reason for rejecting the $1.58-billion deal.
Avuru owns an 8.2-percent stake in Seplat Energy through his family business, AAH Holdings.
Avuru is the founder of AAH Holdings, a Lagos-based proprietary investment business.
Seplat Energy is an independent oil and gas group with active operations and oil assets in Nigeria’s Niger Delta area.
Avuru was asked to resign as a non-executive director due to alleged breaches of the company’s corporate governance policies.
Seplat Energy is an independent oil and gas group, with a strategic focus on Nigeria’s Niger Delta region.
Seplat Energy is a leader on the Nigerian equity market and in the country’s energy sector.
Seplat Energy is a leading Nigerian independent energy company.
Seplat Energy is a Nigerian oil and gas company dual-listed in London and Nigeria.
Seplat Energy is the largest listed oil company on the Nigeria Exchange (NGX).
The surge can be linked to bullish sentiment spiked by a resurgence in global demand for crude oil.