Seplat Energy, which has a secondary listing in London, is the company stock of the 156 equities quoted in Lagos paying dividends for each of the four quarters of the year.A tide of policy shifts in Africa’s biggest oil producer in the wake of President Bola Tinubu’s rise to power in May, including the cessation of a popular but costly petrol subsidy scheme, is rejuvenating participation in energy stocks and helping return liquidity to the market.
That positive is also drawing investors to energy stocks, considering that the move could free up more cash for oil & gas companies.
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Nigerian University, MAUTECH Lecturer, Azubuike Killed In Abuja Estate Flood | Sahara ReportersPhilip Azubuike, a lecturer with the Physics Department Modibbo Adama University of Technology (MAUTECH), Yola, Adamawa State, is one of the casualties of the flood at Trademore Estate in Lugbe, Federal Capital Territory (FCT). SaharaReporters had on Saturday reported that four residents lost their lives as floods ravaged Trademore Estate and others.
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Nigerian Universities Commission, NUC Executive Secretary, Rasheed Resigns After Seven Years | Sahara ReportersProfessor Abubakar Rasheed, the Executive Secretary of the National Universities Commission (NUC), has resigned from his position voluntarily. The former NUC boss resigned on Monday, while disclosing in an interview with Punch that his next move was to return back the Bayero University Kano to continue his job as a lecturer. Rasheed was chosen as NUC chairman seven years ago, during the tenure of Adamu Adamu, the former minister of education.
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Anti-Graft Agency, EFCC Arrests Fake Nigerian Senator After Defrauding Spaniard Of €5.7million | Sahara ReportersAn alleged fake Nigerian Senator, identified as Ifechukwu Tom Makwe has been arrested for €5.7million internet fraud by the Economic and Financial Crimes Commission (EFCC). It was learnt that the suspect was arrested in the Guzape area of Abuja. Makwe allegedly claimed to be a US Federal Bureau of Investigation (FBI) agent and diplomatic solicitor, and succeeded in defrauding his victim using fake identities. The suspect allegedly started defrauding the victim since 2013 when he first met her on social media.
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Nigerian Government Declares Wednesday, Thursday As Eid-El-Kabir Holidays | Sahara ReportersThe Nigerian government has declared Wednesday, June 28 and Thursday, June 29, 2023 as Eid-El-Kabir holidays. This was contained in a statement by a Permanent Secretary in the Ministry of Interior, Oluwatoyin Akinlade. “The Federal Government has declared Wednesday June 28th and Thursday June 29th 2023 Public Holidays in commemoration of this year’s Eid-el-Kabir celebration and heartily felicitates with the Muslim Ummah at home and in the diaspora,” the statement read.
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Ex-Nigerian minister declines top global position for possible appointment as Tinubu's ministerOn Monday, the global vaccine alliance, GAVI, announced Mr Pate’s decision to decline his appointment as its Chief Executive Officer (CEO).
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