Seplat Energy Plc has reinforced its reputation as one of Nigeria’s leading energy companies after clinching two prestigious awards at the Nairametrics Capital Market Awards 2026. The indigenous oil and gas giant was named both Energy Company of the Year and Dividend Paying Company of the Year, a recognition that highlights its strong financial performance, operational excellence, and commitment to delivering value to shareholders.
The awards, presented at a high-profile ceremony in Lagos, celebrated companies that have demonstrated resilience and outstanding performance despite challenging economic conditions. According to the organisers, Seplat Energy stood out for its consistent production levels, impressive revenue growth, healthy profitability, and attractive dividend payouts, making it one of the most rewarding investments on the Nigerian Exchange Limited (NGX).
Reacting to the recognition, Seplat Energy’s Director of External Affairs and Social Performance, Chioma Afe, described the awards as an important benchmark for excellence within Nigeria’s financial ecosystem. She noted that such recognitions encourage transparency, inspire innovation, and motivate companies to maintain high standards of corporate performance. Afe added that the company sees the awards as a challenge to achieve even greater success while creating long-term value for investors and other stakeholders.
The organisers explained that winners were selected through a rigorous, data-driven assessment process based on audited financial statements and verified market data. Companies were evaluated using key performance indicators such as revenue growth, profit after tax, return on equity, production capacity, dividend yield, and dividend payout ratio. This approach ensured that only firms with proven records of performance and shareholder value creation emerged victorious.
Speaking at the event, Nairametrics Founder and CEO, Ugodre Obi-Chukwu, praised the resilience of Nigerian companies operating amid global economic uncertainty, exchange-rate volatility, and tighter financial conditions. He emphasized that the awards celebrate businesses that continue to innovate and create sustainable wealth. The ceremony, themed “Capital Markets as a Pathway to Responsible Wealth Creation,” underscored the growing importance of ethical business practices and long-term value creation. With its dual listing on both the Nigerian Exchange and the London Stock Exchange, Seplat Energy’s latest achievement further strengthens its position as a key player in Nigeria’s energy sector and a trusted choice for investors.
source: punch
