Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Seplat’s 2018 interim dividend to be based on current exchange rate

    Seplat’s 2018 interim dividend to be based on current exchange rate

    May 19, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Seplat-Petroleum personnel.

    OpeOluwani Akintayo

    19 May 2018, Sweetcrude, Lagos –  Seplat Petroleum Development Company Plc has said payment of its 2018 first quarter dividend will be based on current exchange rates.

    The firm made this known in a memo to the Nigerian Stock Exchange, NSE, on Friday, seen by SweetcrudeReports.

    According to the memo, Seplat said dividend will be paid on the current exchange rate of 1 USD/N305.35, and 1USD/0.7422 GBP: to be paid to only shareholders that qualify for and have received the first quarter 2018 interim dividend payment in naira or GBP.

    The memo signed by the Company’s Secretary, Dr. Mirian Kene Kachikwu, also indicated that the exchange rate for naira or pounds sterling amounts payable, was determined by reference to the exchange rates applicable to the US dollar available on May 16, 2018.

    Related News

    NCDMB commends Heritage Energy on NOGICD Act implementation, reiterates commitment to HCD

    NEPZA, Federal Committee, Dangote Refinery FZE to crash petroleum products prices

    ‘Cross-border financial crimes draining billions from West, Central Africa’ 

    E-book
    Resilience Exhibition

    Latest News

    Stakeholders raise alarm over dangers of marine debris

    June 27, 2025

    NCDMB pledges oil industry support for Yikodeen safety footwear

    June 27, 2025

    BPSR applauds NIMASA for championing public service reforms

    June 27, 2025

    NCDMB commends Heritage Energy on NOGICD Act implementation, reiterates commitment to HCD

    June 27, 2025

    Oyetola, NIMASA pledge zero tolerance for harassment at sea 

    June 27, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.