Boss of Seplat wants to ‘demystify’ Nigeria for investors

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Financial Times 1d ago

Boss of Seplat wants to ‘demystify’ Nigeria for investors - Financial Times

Quick Summary:

It reached an agreement with Exxon in February 2022, but faced a long delay after state-owned oil company the Nigerian National Petroleum Corp secured a court order blocking the sale.

Brown, who had served as chief financial officer since 2013, took on the top job in 2020 following Avuru’s retirement.

In a further sign of change that was welcomed by many in the sector, Tinubu this week sacked NNPC’s entire 11-person board and replaced its long-serving chief executive with a former Shell engineer Bashir Ojulari.