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Seplat Energy Announces N1,358.34/$ Exchange Rate for Q3 2026 Dividend Payment

 

Seplat Energy Plc has announced an exchange rate of N1,358.34 to the US dollar for the payment of its Q3 2026 interim and special dividends to shareholders who elected to receive their dividends in naira.

In a corporate announcement dated November 12, 2026, the company stated that the applicable exchange rate was based on the Nigerian Foreign Exchange Market (NFEM) rate published by the Central Bank of Nigeria (CBN) on November 11, 2026.

The company disclosed that the exchange rate would be used to determine the naira equivalent of the Q3 2026 interim and special dividends payable to eligible shareholders.

According to Seplat Energy, the applicable conversion rate is US$1 to N1,358.34, in line with its dividend payment procedures.

 

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Àkànní Olúwaségún Michael
Àkànní Olúwaségún Michael
Àkànní Olúwaségún Michael is a Nigerian business and economic journalist covering the Nigerian economy, financial markets, banking, telecommunications, technology, energy and public policy. His reporting focuses on data-driven business developments, corporate performance, market trends and policy decisions shaping Nigeria’s economy.

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