Seplat Vitality wins governance, model awards as shares high ₦10,000


Seplat Vitality Plc, Nigeria’s main indigenous power producer, has secured a sequence of unbiased regulatory, market, and business recognitions that underscore rising investor confidence in its governance requirements, {financial} self-discipline, and progress execution.

On April 14, Seplat turned the primary firm on the Nigerian Trade to cross the ₦ 10,000-per-share stage, with the inventory rising to about ₦10,450; a transfer analysts say “displays robust institutional calls for and confidence within the firm’s expanded asset base and earnings outlook.”

Individually, the corporate received the Platinum Award on the ICAN–NGX Regulation Restricted Company Reporting Awards on April 21, rating first general amongst main listed firms.

Blueprint Weekend gathered that the award assesses companies on {financial} reporting high quality, company governance, and sustainability disclosures, with an emphasis on transparency, compliance with worldwide requirements, and the mixing of environmental, social, and governance elements.

Seplat additionally entered the Prime 10 Most Worthwhile Manufacturers in Nigeria for the primary time, rating ninth within the 2026 Model Finance Nigeria 25 Report.

Model Finance stated Seplat recorded the quickest model worth progress among the many ranked firms, with model worth rising 97% to ₦194.5 billion, pushed by greater production, improved money technology and consolidation of offshore property.

“Standout progress from Seplat Vitality exhibits that the market continues to reward operational self-discipline and robust strategic positioning,” the Managing Director, Babatunde Odumeru, stated within the report.

As well as, Seplat received the Vitality Firm CSR Excellence Award on the Vitality Instances Awards 2026 and was named Excellent Vitality Firm of the 12 months 2025 on the Trade Newspaper Awards, reflecting its group funding and sustainability initiatives.

Chief Govt Officer Roger Brown stated earlier this yr that the corporate’s enlargement into offshore operations, alongside robust onshore output, had strengthened money movement and lowered its value of debt.

The Firm stated it remained on observe to ship a deliberate $1 billion cumulative return of capital to shareholders by 2030, because it seeks to steadiness progress, shareholder returns and Nigeria’s power transition aims.