Foremost indigenous energy company, Seplat Energy Plc has clinched double honours at the Nairametrics Capital Market Awards 2026, solidifying its position as a major value driver on the Nigerian Exchange Limited.
At the high-profile industry event held in Lagos, the oil and gas giant emerged as the Energy Company of the Year and the Dividend Paying Company of the Year.
According to the organisers, the twin accolades were a direct reflection of Seplat Energy’s robust financial architecture, operational efficiency, consistent production output, and sustained commitment to maximising returns for its investors.
Reacting to the dual recognition, the Director of External Affairs and Social Performance at Seplat Energy Plc, Chioma Afe, commended the organisers for driving transparency and benchmarking growth metrics across the financial ecosystem.
Afe said, “The various awards and recognitions play an important role in raising standards, rewarding excellence, and encouraging best practices across Nigeria’s capital market ecosystem.
“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.”
The organisers noted that the evaluation matrix utilised for the selection process relied strictly on verifiable corporate listings and financial statements. Each nominee was subjected to a data-driven evaluation framework focusing on critical performance indices, including revenue growth, profit after tax growth, return on average equity, production capacity, dividend yield and dividend payout ratio.
Speaking on the macroeconomic environment under which corporate entities operated during the fiscal year under review, the Founder and Chief Executive Officer of Nairametrics Financial Advocates Limited, Ugodre Obi-Chukwu, stated that the awards celebrate companies that defy market headwinds.
Obi-Chukwu said, “The awards were created to recognise excellence, resilience, and innovation across the capital market ecosystem.
“Despite global economic uncertainty, tighter financial conditions, and exchange-rate volatility, Nigeria’s capital market has remained resilient, supported by stronger investor confidence, improved corporate earnings, innovation, and increased retail participation.”
Deliberations at the 2026 awards ceremony centred heavily on the theme, “Capital Markets as a Pathway to Responsible Wealth Creation,” reflecting a growing institutional consensus that long-term corporate expansion must align with ethical standards and broader societal transformation.
Obi-Chukwu added, “The theme reflects the growing consensus that wealth creation must be sustainable, ethical, and capable of delivering long-term value to businesses, investors, and society.
“The contributions of the nominees and winners continue to strengthen investor confidence and advance the development of Nigeria’s capital market.”
Dual-listed on the Premium Board of the Nigerian Exchange Limited and the Main Market of the London Stock Exchange, Seplat Energy currently operates a diverse onshore and shallow water portfolio in the Niger Delta region alongside significant natural gas processing infrastructures at Oben, Sapele and the ANOH gas processing plant.