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Seplat Energy raises concerns over fraudulent purchase orders



Seplat Energy Plc has raised concerns over fraudulent activities involving purchase orders and requests for quotations.

The energy giant made this clarification via a media press release as seen by ThePressNG.

In the press release, Seplat noted that these fraudulent activities which are being circulated via emails, websites, and SMS are aimed at defrauding the public of false purchase orders.

Here’s an excerpt from the press release:

Seplat Energy Plc has seen its market capitalization cross N1 trillion to join the exclusive group of stocks worth over one trillion (SWOOTs).

ThePressNG reported that the indigenous oil and gas giant achieved this feat as its share price increased to N1837 per share to hit N1.08 trillion in market value.

Seplat is now the 8th member of the current group of stocks worth over one trillion joining the likes of Airtel Africa, MTN Nigeria, Dangote Cement, BUA Foods, BUA Cement, Zenith Bank, and GTCO.