Leading Nigerian independent oil and gas company, Seplat Petroleum Development Company Plc, SEPLAT, has emerged the overall winner of the 2019 Pearl Awards, clinching four awards, designed to celebrate excellence and leadership in the Nigerian capital market.
The company, which is listed both on the Nigerian and London Stock Exchanges, also won the Best Indigenous Exhibitor award at the just concluded 37th Nigerian Association of Petroleum Explorationists, NAPE’s, Annual International Conference and Exhibition held in Lagos.
Seplat achieved the feat of emerging winner of the “PEARL” award back-to-back after also wining the 2018 edition.
The award at the PEARL event was presented to Seplat’s management by Chairman of the Board of the Securities and Exchange Commission, SEC, Olufemi Lijadu, and the Acting Director-General of SEC, Mary Uduk, supported by Dr Farouk Umar, Chairman of the PEARL Awards Board.
Besides the overall PEARL Awards for 2019, SEPLAT also baged three other awards including awards for the Oil and Gas Segment, Highest Net Ratio Award and the CEO of the year award by the company’s Chief Executive Officer, Austin Avuru.
Chairman of the Board of Pearl Awards, Dr. Umar, said the awards were avenues for encouraging development of the capital market while commending the Federal Government for supporting the market.
For his part, the President of Pearl Awards, Tayo Orekoya, noted that on the threshold of a quarter of a century celebrations, PEARL awards has recognised and rewarded over 85 quoted Nigerian companies for outstaning performance.
In his words, “The PEARL Awards remains the only awards in Nigeria that rewards outstanding performance of quoted companies in the Nigerian capital market based on verifiable facts and figures.”
The Acting Director-General of the Securities and Exchange Commission, Uduk commended the PEARL Awards team for its legacy of driving excellence and competitiveness in the capital market.
Acting Director General, SEC, Mary Uduk
She assured stakeholders of the continued support of the Apex regulator for efforts towards rewarding hard work, dedication, ingenuity and excellence in the capital market.