Seplat Energy Plc on Wednesday made history on the Nigerian Exchange (NGX), becoming the first listed stock to close above the ₦6,000 mark, a milestone that underscores growing investor confidence in the indigenous energy major.
The company’s shares closed at ₦6,171, representing a 10 per cent gain from the previous close of ₦5,610, according to NGX market data as at 2:44 p.m. on January 7, 2026, with prices delayed by at least 30 minutes. The stock had opened the trading session at ₦5,610 before rallying strongly during the day.
Market analysts attributed the surge to sustained demand for Seplat shares, driven by the company’s expanding asset base, improved earnings outlook and increased visibility among both local and international investors. The rally also comes amid heightened interest in energy stocks following recent corporate and strategic developments within the sector.
Seplat Energy, which is listed on the Premium Board of the NGX and the Main Market of the London Stock Exchange, has seen its valuation strengthen in recent months following the acquisition of Mobil Producing Nigeria Unlimited and continued progress on its gas infrastructure projects.
The ₦6,000 represents a psychological and technical milestone on the NGX, positioning Seplat as one of the most valuable and closely watched equities on the exchange. Market watchers say the performance highlights a broader shift in investor appetite toward fundamentally strong companies with exposure to energy security and gas-led growth in Nigeria.
As trading closed, Seplat remained among the top gainers on the exchange, reinforcing its status as a bellwether stock in Nigeria’s capital market.
