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As Seplat Braves Odds, Soars Amid Pandemic

In dissecting Seplat Petroleum Development Company’s recent awards amid challenges presented by Covid-19 pandemic to the oil and gas industry globally, Olaoluwakitan Babatunde writes that strong corporate governance makes the future bright for the firm and its shareholders Nigeria’s leading indigenous and independent oil and gas firm, Seplat Petroleum Development Company PLC, began year 2021 on a good note, winning the Most Profitable Company of the Year (Oil & Gas: Exploration and Production) at the Nigerian Investor Value Award (NIVA) organised by a national newspaper in conjunction with the Nigerian Exchange Limited. The firm’s Chairman, Dr. ABC Orjiako, also emerged the Board Chairman of the Year 2020.

IndiGo Parent Company InterGlobe Aviation Settles SEBI Case for Allegedly Violating Norms

IndiGo Parent Company InterGlobe Aviation Settles SEBI Case for Allegedly Violating Norms Pending adjudication proceedings, InterGlobe Aviation proposed to settle the instant proceedings initiated against it, without admitting or denying the findings of fact and conclusions of law, through a settlement order. View of IndiGo flight. Photo: PTI Business10/Feb/2021 New Delhi: InterGlobe Aviation, the parent of the country’s largest airline IndiGo, has settled with SEBI a case of alleged corporate governance lapses and listing norms violations that were raised by the company’s co-promoter Rakesh Gangwal. The company has settled the matter “without admitting or denying any violation on its part,” by paying a settlement charge of Rs 2.1 crore, according to a SEBI order passed on Tuesday.

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