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Here’s Why We’re Wary Of Buying Seplat Petroleum Development’s (LON:SEPL) For Its Upcoming Dividend.

It looks like Seplat Petroleum Development Company Plc (LON:SEPL) is about to go ex-dividend in the next 3 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is an important date to be aware

African Leadership Team visits President Adama Barrow, Vice President Isatou Touray, of the Gambia

Boosting intra-african trade and partnerships were the key themes as the African Leadership Team visited Gambia; meeting with President Adama Barrow, Vice President Isatou Touray, Nigeria High Commissioner to the Gambia, Amb Mohammed Manu; the Senegalese High Commissioner, Amb Bassirou Sene; the British High Commissioner to the Gambia, David Belgrove OBE, as well as the

Nigeria: OML11 – NPDC Incompetent, Stands Rejected As Operator, Ogoni Oil Communities Tell Buhari.

Following the resumption of oil production in Ogoniland, Rivers State, Ogoni Oil Producing Communities Forum, OOPCF, yesterday, reaffirmed rejection of the Nigerian Petroleum Development Company, NPDC, as licensed operator to drive renewed operations in the area. Expressing reservation over the granting of OML 11 Operating License to NPDC, a subsidiary of Nigerian National Petroleum Corporation,

Gas Flare Payments Jump From U.S.$15.4 Million to U.S.$307.4 Million in One Year

Gas flaring payments made by oil companies increased from a meager $15.5 million to $307.4 million between 2018 and 2019, the most recent audit report from the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed. While gas flaring, the controlled combustion of associated gas, is almost impossible in the extraction of molecules, companies, which operate

Nigeria’s Fuel Demand to Hit 17.3mmt by 2025

The Nigerian National Petroleum Corporation (NNPC) yesterday said Nigeria’s demand for petroleum products is expected to grow from 15.1 million metric tons last year to 17.3 million metric tons by 2025. Its Group Managing Director (GMD), Malam Mele Kyari, made this known in a keynote address at the 15th Oil Trading and Logistics (OTL) Africa