Seplat Energy Plc has moved to reinforce its standing in the UK capital markets with the appointment of Canaccord Genuity Limited and Peel Hunt LLP as Joint UK Corporate Brokers, joining existing broker Citigroup Global Markets Limited with immediate effect.
The Nigerian independent energy company, which is listed on the Premium Board of the Nigerian Exchange and the Main Market of the London Stock Exchange, disclosed the appointments on 7 January 2026, signalling a sharpened focus on investor engagement, capital markets strategy and international visibility.
Boardroom sources view the move as a deliberate effort by Seplat Energy to broaden its advisory depth in London at a time when the company’s operational and financial profile has expanded significantly following the acquisition of Mobil Producing Nigeria Unlimited. The enlarged asset base and growing gas infrastructure footprint have increased the company’s interaction with global investors and institutional stakeholders.
Seplat Energy’s Chief Financial Officer, Eleanor Adaralegbe, is leading engagement on the appointments, supported by the company’s external affairs, legal and investor relations teams, alongside advisers at FTI Consulting. Market analysts note that the combination of Citigroup, Canaccord Genuity and Peel Hunt provides Seplat with a balance of global reach and strong UK mid-cap market expertise.
The appointments come as Seplat Energy continues to position itself as Nigeria’s leading indigenous energy company, with a portfolio spanning eleven onshore and shallow-water oil and gas blocks in the Niger Delta, operated in partnership with the Nigerian government and other producers. The company also holds operated interests in key export infrastructure, including the Qua Iboe export terminal, the Yoho Floating Storage and Offloading vessel, and the Bonny River Terminal NGL recovery plant.
On the gas front, Seplat operates processing facilities at Oben and Sapele and is preparing to bring the 300 MMscfd ANOH Gas Processing Plant on stream in partnership with the Nigerian Gas Infrastructure Company. These assets underpin Seplat’s growing role as a major supplier of natural gas to Nigeria’s domestic power generation market.
From a governance and capital markets perspective, the broker appointments underscore Seplat Energy’s intention to align its financing, communications and growth ambitions with international best practice, as it pursues its strategy of building a sustainable business while supporting Nigeria’s energy transition and broader economic development.
