The Court of Appeal has suspended the interim order issued by a Federal High Court sealing the corporate Offices of Seplat Petroleum Development Company.
Seplat has spent a total sum of $66.69 million on Corporate Social Responsibility (CSR) between 2010 and 2019.
All said, what is playing out in the Access Bank vs. Seplat matter is a national embarrassment of international proportions.
Seplat head office remains shut as the court is yet to vacate the order obtained by Access Bank.
New details emerge as Access Bank, Seplat Petroleum squabble over Cardinal Drilling Services' loans.
Seplat Petroleum Development Company Plc is set to seek legal action against Access Bank over the sealing of its corporate headquarters.
Seplat Petroleum Development Company on Wednesday joined the league of Nigerian corporates to donate to the fight against coronavirus
Seplat Petroleum Plc. posted revenue of $697.8 million, down 6.5% and Profit before deferred tax went up to $270.3 million.
Seplat has called for stakeholders in the oil and gas industry to collaborate for the successful implementation of the FCCPA.
Seplat Petroleum Development Plc has just announced that it will be acquiring Eland Oil & Gas, following agreements by the companies' boards of directors.