Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Federal High Court Stops Seplat Energy from Holding AGM A Federal High Court, Abuja has restrained Seplat Energy Plc from holding its Annual General Meeting (AGM) fixed for May 10 pending the hearing and determination of the substantive matter. The company shares have been flattish at N1115.30 in the last seven days. Some market analysts said the Nigerian Exchange appear to have suspended trading on the indigenous energy company’s share due to an ongoing crisis that rocked the board room. Seplat is facing multiple challenges, which analysts have predicted will affect half-year results. Justice Inyang Ekwo, in a ruling, directed…

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