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Dollar dividend: Seplat currently pays in naira, interim pending

The Chairman, Seplat Petroleum Development Company, Dr. Ambrose Orjiako has come out to say that shareholders who bought shares in naira or foreign currency would be paid dividend as such., except otherwise which is applicable to exchange rate of the Central Bank of Nigeria (CBN) as at the time the register of the company closes. Shareholders in this interview argue that the company is paying the current dividend in naira while the initial dividend paid in dollar is still pending.

Dutch coach for Super Falcons

Nigeria are in advanced talks with Dutch coach Hesterine de Reus, who has handled Australia women’s team, to take over the Super Falcons.

Seven Energy begins gas supply to Calabar-power

Seven Energy International Limited, an indigenous Nigerian integrated gas Company has commenced the supply of gas to the 560 megawatts, MW, Calabar National Integrated Power Project, NIPP. The commercial delivery of gas to Calabar NIPP commenced in March 2015, and is being executed through Accugas, a wholly-owned subsidiary of Seven Energy. When operating at full capacity Calabar NIPP will increase national power generation by over 10 per cent.

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