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Seplat recorded $746million 2018 , pays $0.05 dividend

Ugo Amadi

Seplat Petroleum Development Company Plc., a leading Nigerian indigenous oil and gas company, listed on both the Nigerian Stock Exchange and London Stock Exchange has announced a final dividend at a rate of US$0.05 (United States Five Cents) per Ordinary Share with a record of $746million revenue in 2018.

Safeguarding nation’s territorial waters key to economic growth-Hadiza

… as NPA prioritizes nursing mothers, children welfare.

Ugo Amadi

The Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala Usman has reiterated the determination of the Management of the Authority to collaborate and corporate with all stakeholders responsible for safeguarding the nation’s territorial waters within budgetary limitation.

Aiteo fixes leak, restarts 150,000 bpd Nembe Creek Oil Export pipeline

The predicament that played out on Friday, 1st March 2019, in Bayelsa is indeed a disaster like the others before it in the different parts of the country. The Mile 1 community and others within earshot were in the wee hours of the morning, reeled off their beds by an explosion said to have come from the Nembe Creek Well 7, belonging to Aiteo Eastern Exploration and Production. Within hours of occurrence, stories were churned out with headlines that threw Nigerians into pandemonium.

NNPC achieves 34% increase in Pipeline breaches nationwide

The Nigerian National Petroleum Corporation (NNPC) has revealed that in the last 13 months, it supplied a total of 19,437,894,096.66 billion litres of petroleum products into the Nigerian downstream sector through its Direct Sales Direct Purchase (DSDP) programme. The period was between November 2017 and November 2018.

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