Seplat Energy wins double at Nigerian Capital Market Awards

Seplat Energy Plc has solidified its standing in the Nigerian capital market by securing two prestigious awards at the Nairametrics Capital Market Awards 2026. The indigenous energy company was honored as both the Energy Company of the Year and the Dividend Paying Company of the Year, underscoring its significant contributions and value creation on the Nigerian Exchange Limited.

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The various awards and recognitions play an important role in raising standards, rewarding excellence, and encouraging best practices across Nigeria’s capital market ecosystem.

Organizers cited Seplat Energy's robust financial architecture, operational efficiency, consistent production output, and unwavering commitment to maximizing investor returns as key factors behind the dual recognition. Chioma Afe, Director of External Affairs and Social Performance at Seplat Energy, acknowledged the awards' role in promoting transparency and benchmarking growth across the financial ecosystem. She stated that the accolades serve as a call for continued exceptional performance and business excellence, expressing anticipation for further market growth and stakeholder returns.

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For Seplat Energy, this is a call to more exceptional performance and general business excellence. We look forward to more exciting times in the market with significant growth in returns for all our stakeholders.

The evaluation process for the awards strictly adhered to verifiable corporate listings and financial statements. Nominees underwent a data-driven assessment focusing on critical performance indices such as revenue growth, profit after tax, return on equity, production capacity, dividend yield, and payout ratios. This rigorous methodology ensures that the awards genuinely reflect corporate achievements.

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The awards were created to recognise excellence, resilience, and innovation across the capital market ecosystem.

Ugodre Obi-Chukwu, Founder and CEO of Nairametrics Financial Advocates Limited, highlighted the resilience of Nigeria's capital market amidst global economic headwinds. He noted that the awards celebrate companies demonstrating excellence, resilience, and innovation. Obi-Chukwu emphasized the event's theme, "Capital Markets as a Pathway to Responsible Wealth Creation," reflecting a growing consensus on the need for sustainable and ethical wealth generation that benefits businesses, investors, and society alike. He added that the contributions of awardees bolster investor confidence and advance the development of Nigeria's capital market.

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Despite global economic uncertainty, tighter financial conditions, and exchange-rate volatility, Nigeria’s capital market has remained resilient, supported by stronger investor confidence, improved corporate earnings, innovation, and increased retail participation.