Foremost indigenous energy company, Seplat Energy Plc, has won two major awards at the Nairametrics Capital Market Awards 2026, reinforcing its position as one of the top-performing companies on the Nigerian Exchange Limited.
At the award ceremony held in Lagos, Seplat Energy emerged as the Energy Company of the Year and the Dividend Paying Company of the Year.
According to the organisers, the double recognition reflects the company’s strong financial performance, operational efficiency, consistent production output, and commitment to delivering sustainable returns to shareholders.
Reacting to the awards, Seplat Energy’s Director of External Affairs and Social Performance, Chioma Afe, described the recognition as an encouragement to maintain high standards of corporate performance.
She commended the organisers for promoting transparency and benchmarking excellence across Nigeria’s capital market.
“The various awards and recognitions play an important role in raising standards, rewarding excellence, and encouraging best practices across Nigeria’s capital market ecosystem,” Afe said.
She added that the awards would inspire Seplat Energy to continue pursuing exceptional business performance while delivering greater value to its stakeholders.
“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,” she stated.
The organisers explained that winners were selected through a data-driven evaluation process based on verified corporate filings and financial statements.
The assessment covered key performance indicators, including revenue growth, profit after tax growth, return on average equity, production capacity, dividend yield, and dividend payout ratio.
Speaking at the event, Founder and Chief Executive Officer of Nairametrics Financial Advocates Limited, Ugodre Obi-Chukwu, said the awards recognise companies that have demonstrated resilience despite challenging economic conditions.
“The awards were created to recognise excellence, resilience, and innovation across the capital market ecosystem,” Obi-Chukwu said.
He noted that Nigeria’s capital market remained resilient despite global economic uncertainty, tighter financial conditions, and exchange-rate volatility, driven by stronger investor confidence, improved corporate earnings, innovation, and increased retail participation.
The 2026 edition of the awards was held under the theme, “Capital Markets as a Pathway to Responsible Wealth Creation.”
According to Obi-Chukwu, the theme reflects the growing belief that sustainable wealth creation should be ethical and capable of delivering long-term value to businesses, investors, and society.
He added that the achievements of the nominees and winners continue to strengthen investor confidence and support the growth of Nigeria’s capital market.
Seplat Energy is dual-listed on the Premium Board of the Nigerian Exchange Limited and the Main Market of the London Stock Exchange.
The company operates a diversified portfolio of onshore and shallow water assets in the Niger Delta and owns significant natural gas processing infrastructure, including the Oben, Sapele, and ANOH gas processing plants.
