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Seplat swings to loss of $145 million in H1 2020 on lower oil prices

The decline in crude oil prices has plunged Seplat Petroleum Development Company Plc, Nigeria’s largest listed Oil & Gas firm by market value, into a loss before tax of $145 million in the first half of 2020, according to an unaudited report published Wednesday. Seplat had declared a profit of $120.4 million in the comparable…

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