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Corporate Press Releases

SEPLAT activates investigation team on Okpe, Sapele incident

Seplat has commenced an investigation into reports of the presence of hydrocarbons in its water well.

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Seplat Petroleum

Seplat recently received a complaint from five households at Okpe and Sapele in Delta State, indicating the presence of hydrocarbons in their respective dug shallow water wells. An emergency response was immediately activated and an investigation team comprising the Department of Petroleum Resources (DPR), the National Oil Spill Detection and Response Agency (NOSDRA), and Delta State Ministry of Environment conducted a joint investigation visit, alongside the Seplat emergency response team.

READ: Measures introduced by Nigeria to ensure transparent use of the $3.4 billion IMF loan

Seplat has prioritized the safety of the residents of the affected area by providing potable water and secured the water wells from access. We will continue to support the investigation and provide palliative support to the households in line with the company’s firm commitment to its robust Health, Safety and Environment culture in all areas of its operations.

READ: FG earmarks $1.6 billion for sea-port construction 

Seplat has carried out checks of other water boreholes in the same vicinity and have drilled additional test boreholes. None of them has any signs of hydrocarbon in the water. No oil leaks or seepage has been traced back to the Seplat operated facilities.

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We wish to thank the affected households for their co-operation and peaceful approach and to reassure them and the communities that we are expediently investigating the root cause of the incident.

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Seplat is a leading indigenous energy company in the prolific Niger Delta area of Nigeria. Seplat has built strong partnerships with its vital local communities, promoting trust and confidence amongst its various stakeholders, ultimately resulting in a stable operating environment that facilitates the creation of shared value.

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Corporate Press Releases

Rotimi Bankole awarded Marketing Media Personality of the Decade

The founder and Chief Executive of SBI Media has been named the Marketing Media Personality of the Decade.

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Rotimi Bankole, the founder and Chief Executive of SBI Media has been named the Marketing Media Personality of the Decade by Marketing Edge magazine.

Bankole who expressed great surprise on his nomination for the award said it was understandable the organisers, Marketing Edge would recognise his good work at SBI Media.

“We have come a long way. As an organisation, we have focused consistently on being a model for other startups in the industry, and to be recognised for that is greatly satisfying,” Bankole said.

Founded in 2013, SBI Media is now a member of Masscom Global, a network of media agencies founded in developing countries. Bankole has led the company into over 150% year on year growth for the past three years, according to data released by SBI. The company has also expanded to include Streams, a full-service creative advertising agency.

SBI Media and Streams Networks provide creative, media strategy, planning and buying services to some of the most influential companies in Nigeria, including 9Mobile, Sterling Bank, Access Bank, and Turkish Airlines, First Bank, iTel, Infinix, and Tecno.

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Corporate Press Releases

Furera Jumare resigns from Union Bank Board following appointment by Jigawa State

Mrs. Furera Isma Jumare has resigned her role on the Board of Union Bank of Nigeria Plc.

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Following her appointment as Director-General of the Jigawa State Investment Promotion Agency, Mrs. Furera Isma Jumare has resigned her role as Independent Non-Executive Director on the Board of Union Bank of Nigeria Plc. This in line with regulatory guidelines precluding certain categories of public servants from serving on boards of banks and other financial institutions.

Commenting on the Mrs. Jumare’s resignation, Board Chair, Mrs. Beatrice Hamza-Bassey, said:

“Since joining the Board in May 2017, Furera has been an invaluable voice in the Boardroom. Her experience and professional counsel directly contributed to our wins in recent years and in helping us navigate challenging times. She also served studiously as the Chair of the Board Governance Committee and Member of the Board Audit and Risk Management Committees. On behalf of the Board, I thank her for her diligent service and wish her much success as she answers the call of service to her State.”

Chief Executive Officer, Mr. Emeka Emuwa, said:

“Furera’s appointment is a clear acknowledgement of her experience and accomplishments in her long career including in her role as Director with Union Bank. The Board and Management are grateful for her service and wish her the best in her new role.”

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 Mrs. Jumare’s resignation is effective immediately.

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Corporate Press Releases

Our website not shut down – First Bank of Nigeria Plc

The management of First Bank of Ni has dismissed rumours alleging that its website was shut down.

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FirstBank Agric Expo sets to promote new agribusiness opportunities

Our attention has been drawn to the tweet making the rounds on social media on shutting down the FirstBank website following a false tweet that the Bank prevented staff from joining the ongoing protests in the country.

As the largest banking institution in Nigeria, it is not unlikely that we may be seen as a target in circumstances such as these. This is rather unfortunate as we believe far-reaching reform is necessary and we have said as much on a number of occasions across our platforms.

In the process of change, some pain will be borne by all and some anger may well be misdirected. We understand this as a part of the process of the struggle.

We have a large staff strength and an even larger customer base who may be affected by any disruption and this would be a pity as a number are also contributing in many ways to ensure that voices are heard and required action is taken.

We have been consistent in our message on the need to end all brutality and carry out necessary reforms. We will continue to lend our voice accordingly.

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