Seplat Energy Wins Double Honours at Nairametrics Capital Market Awards 2026

…. As Energy Company and Dividend Champion Titles
Nigeria’s leading indigenous energy company, Seplat Energy Plc, has reinforced its position as one of the country’s strongest listed companies after emerging as both Energy Company of the Year and Dividend Paying Company of the Year at the Nairametrics Capital Market Awards (NCMA) 2026 held in Lagos.
The double recognition underscores Seplat Energy’s consistent financial strength, operational excellence and unwavering commitment to rewarding shareholders despite a challenging global economic environment marked by inflation, exchange-rate volatility and fluctuating energy prices.
The awards, presented by Nairametrics Financial Advocates Limited, celebrate companies that have demonstrated outstanding corporate performance, sustainable growth and responsible wealth creation within Nigeria’s capital market.
Key Facts
According to the organisers, Seplat Energy outperformed competitors after a rigorous, data-driven assessment based on measurable financial and operational indicators.
The evaluation framework considered:
Revenue growth
Profit After Tax (PAT) growth
Return on Average Equity (ROAE)
Production output and operating capacity
Dividend yield
Dividend payout ratio
Nairametrics explained that each criterion was independently weighted to ensure an objective assessment of long-term value creation, operational efficiency and shareholder returns.
Nairametrics Highlights Capital Market Resilience
Speaking during the awards ceremony, Founder and Chief Executive Officer of Nairametrics Financial Advocates Limited, Ugodre Obi-Chukwu, said the awards were designed to recognise organisations that continue to demonstrate resilience, innovation and outstanding corporate governance.
According to him, Nigeria’s capital market has remained resilient despite global economic uncertainty, tighter financial conditions and exchange-rate pressures.
He attributed the market’s resilience to improving corporate earnings, stronger investor confidence, innovation among listed companies and increasing retail investor participation.
Obi-Chukwu noted that the theme of this year’s awards, “Capital Markets as a Pathway to Responsible Wealth Creation,” reflects the growing belief that sustainable and ethical wealth creation is essential for long-term economic prosperity.
He congratulated all nominees and winners, saying their achievements continue to strengthen investor confidence while contributing significantly to the growth and credibility of Nigeria’s capital market.
Seplat Energy Reacts
Responding to the awards, Seplat Energy’s Director of External Affairs and Social Performance, Chioma Afe, described the recognition as both an honour and a motivation to continue raising performance standards.
She commended Nairametrics for promoting transparency, excellence and healthy competition within Nigeria’s financial markets through credible recognition programmes.
According to Afe, industry awards encourage companies to pursue continuous improvement while rewarding organisations that consistently create value for investors.
She said the honours would inspire Seplat Energy to deepen its commitment to operational excellence, business sustainability and stronger returns for shareholders and other stakeholders.
The Ameh News reports that Seplat Energy has continued to strengthen its position as one of Africa’s leading indigenous energy companies through strategic investments in oil and gas production, domestic gas infrastructure and energy transition initiatives.
The company is listed on both the Nigerian Exchange (NGX) Premium Board and the London Stock Exchange, giving it access to international capital while maintaining strong local investor participation.
Beyond crude oil production, Seplat has expanded its natural gas business through major processing facilities at Oben, Sapele and the 300 MMscfd ANOH Gas Processing Plant. These assets play a critical role in supplying natural gas to Nigeria’s electricity generation sector, supporting the country’s energy security and industrial growth.
Industry analysts have consistently ranked Seplat among Nigeria’s most reliable dividend-paying companies because of its disciplined capital allocation, healthy cash flow and shareholder-friendly dividend policy.
Expert Reactions
Economist Celestine Ukpong told The Ameh News that Seplat’s double victory reflects more than profitability.
“Investors are increasingly rewarding companies that combine operational efficiency with transparent corporate governance. Winning both Energy Company of the Year and Dividend Paying Company of the Year demonstrates Seplat’s ability to create sustainable value while maintaining investor confidence.”
Financial analyst and FCA, Peter Adebayo, said consistent dividend payments remain one of the strongest indicators of corporate stability.
“In an environment where many companies are managing economic headwinds, maintaining healthy dividend payouts sends a powerful signal about financial discipline, cash generation and management quality. This recognition will likely strengthen investor confidence in Seplat.”
Public relations strategist and Founder of Henryjanleens, Dr. Ejike Nduilo, noted that independent industry recognition also enhances corporate reputation.
“Awards based on measurable financial performance help reinforce public trust. For investors, partners and regulators, such recognition strengthens the company’s brand equity and demonstrates credibility in corporate leadership.”
The Ameh News Explains
Winning both awards places Seplat Energy among the elite performers on Nigeria’s capital market.
For investors, the recognition signals:
Strong financial performance.
Consistent dividend returns.
Efficient operational management.
Long-term shareholder value creation.
Sustainable corporate governance.
The awards also highlight the growing importance of transparency, responsible wealth creation and financial sustainability as investors increasingly favour companies with resilient business models.
About Seplat Energy
Seplat Energy Plc is Nigeria’s foremost indigenous energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange.
The company operates an extensive portfolio comprising 11 Petroleum Mining Leases (PMLs), 17 Petroleum Prospecting Licences (PPLs) and five Oil Mining Leases (OMLs) across Nigeria’s prolific Niger Delta region.
It also operates strategic export infrastructure, including interests in the Qua Iboe Export Terminal, Yoho Floating Storage and Offloading (FSO) facility and Bonny River Terminal, alongside major natural gas processing plants at Oben, Sapele and the ANOH Gas Processing Plant.
Through these investments, Seplat continues to advance Nigeria’s energy transition by delivering affordable, reliable and sustainable energy while creating long-term value for shareholders and supporting economic development.
What’s Next?
Market analysts expect Seplat Energy to continue expanding its upstream production capacity while accelerating investments in domestic gas infrastructure and cleaner energy initiatives.
The company’s continued focus on operational efficiency, disciplined capital management and shareholder returns is also expected to strengthen its competitiveness within Nigeria’s evolving energy and capital market landscape.
Seplat Energy Wins Double Honours at Nairametrics Capital Market Awards 2026 as Energy Company and Dividend Champion
Seplat Energy Plc has won Energy Company of the Year and Dividend Paying Company of the Year at the Nairametrics Capital Market Awards 2026, reflecting its strong financial performance, operational excellence and commitment to shareholder value.