Seplat Blazes Trail, Issues Historic $650m Five-year Bond Becomes largest-ever Nigerian oil and gas bond issuer Goddy Egene Seplat Petroleum Development Company Plc (Seplat), a leading Nigerian independent energy company listed on both
the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has priced its offering of $650 million in an aggregate principal amount of senior notes due 2026 (the
notes). The notes were priced at a yield of 7.75 per cent, representing a significant pricing reduction from its $350 million debut issuance in 2018,
which priced at a yield of 9.50 per cent, with a coupon of 9.25 per cent. The size represents the largest ever Nigerian oil and gas bond issuance. The offering was
oversubscribed with demand from 120 global investors from more than 20 countries resulting in a final overbook Continued on page 8
Buhari, Sylva, Barkindo Tip Gas as Economic Growth Driver... Page 6
CEO, Roger Brown
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Bandits, Kidnappers Funding Insurgency, Says Fayemi... Page 5
Buhari: Nigeria Better, Stronger as One Indivisible Nation Osinbajo, Ganduje, harp on essence of unity in diversity Tinubu seeks stimulus, jobs in security sector for youths
Deji Elumoye in Abuja and Ibrahim Shuaibu in Kano President Muhammadu Buhari yesterday canvassed the need for Nigeria to remain as an indivisible entity despite its diversity, saying that way, it will be a better and stronger nation. The president also dismissed agitation for breaking up
Nigeria and restated his administration’s commitment to keeping the country as one. Buhari, in a speech he delivered virtually at a colloquium in Kano to mark the 69th birthday anniversary of the National Leader of the All Progressives Congress (APC), Senator Bola Tinubu, Continued on page 8
Attahiru Outlines Plans to Rebuild Army Kingsley Nwezeh in Abuja The Chief of Army Staff, Lt. Gen. Ibrahim Attahiru, yesterday committed himself to rebuilding the army by procuring fighting equipment and rebuilding the fighting skills, capacity, confidence and morale of officers and soldiers. Attahiru said the army would soon receive equipment and other combat enablers expected to boost its operations and contain the use of Improvised Explosive Devices (IDPs) by insurgents, which
has impeded troops' capacity to combat insurgency. He stated that his administration will prioritise training, leadership development and welfare of personnel in order to produce "innovative commanders of the 21st century." Attahiru, at the opening ceremony of the Combined Chief of Army Staff First Quarter Conference and the Nigerian Army Operations retreat in Abuja, said the army under his watch would Continued on page 8
LEAVING THE TARMAC... Chairman, Coronation Capital Limited, Mr. Aigboje Aig-Imoukhuede, during the virtual global launch of his book, Leaving The Tarmac: Buying a Bank in Africa, in Lagos…yesterday
Buhari Leaves for Routine Medical Check-up in UK Today...Page 9