Seplat Energy FY 2025 Dividend Naira Exchange Rate Announced
Seplat Energy Plc has announced the CBN exchange rate applicable to its FY 2025 final and special dividend payments for shareholders receiving funds in Naira. The filing confirms that the rate of ₦1,370.89 to US$1, reflecting the CBN's Nigerian Foreign Exchange Market rate as of May 14, 2026, will be used for the conversion.
Seplat Energy Plc (NGX: SEPLAT | LSE: SEPL) filed a corporate action notice on May 15, 2026, confirming the currency exchange rate to be applied when calculating FY 2025 final and special dividend payments for shareholders who will receive their dividend in Naira (₦).
The applicable rate is the Central Bank of Nigeria's Nigerian Foreign Exchange Market rate recorded on May 14, 2026, fixed at US$1 = ₦1,370.89. This rate will be used to convert the declared US dollar-denominated dividend into its Naira equivalent for eligible shareholders.
The company directed shareholders to its earlier announcement dated February 26, 2026, for the definition of default currency, available on the Seplat Energy investor relations webpage. The filing was signed off by Eleanor Adaralegbe, who serves as Chief Financial Officer of Seplat Energy Plc.
Seplat Energy is listed on both the Premium Board of the Nigerian Exchange Limited and the Main Market of the London Stock Exchange. The company operates assets across the Niger Delta, including oil mining leases, gas processing plants, and export terminals.
