The unassuming storefront on a bustling Lagos street might not hint at the legacy it represents. Yet, for generations, this family-owned business has thrived, weathering economic storms and adapting to a rapidly evolving marketplace. This is a story echoed across…
Austin Avuru grapples with the heart of the Nigerian matter in collection of essays — Uzor Maxim Uzoatu
Politics, Economics & the Nigerian Petroleum Industry (3rd Edition) Essays by Austin Avuru; RADI8 Ltd, Lagos; 2022; 474pp Let’s start with a confession. This book, Politics, Economics & the Nigerian Petroleum Industry (3rd Edition), Essays by Austin Avuru, has been…
How to build an oil producing company — Austin Avuru
On July 1, 2002, I moved into a modest 3-room office on the 3rd Floor of Bankers’ House in Victoria Island, as Managing Director/CEO of Platform Petroleum Limited. The space was availed to us by one of our shareholders, Wilbahi…
Austin Avuru’s books now available following vacation of court orders
Austin Avuru’s books are now available for purchase following the vacation of court orders issued by Federal High courts in Abuja and Lagos. The Abuja court issued the injunction in July 2022 following a motion exparte filed by Tochukwu Peter…
Seplat Energy and the “false allegations” against CEO Roger Brown – Thisislagos Special Report
Roger Brown, who had a stellar banking career in London’s financial district as head of Oil and Gas at Standard Bank, was the one who mooted the idea for Seplat to go public in 2014
Seplat founders, Avuru and Orjiako, settle rift – Onyema Dike
Austin Avuru, pioneer CEO of Seplat Energy, and Dr. ABC Orjiako, pioneer chairman of the Nigerian independent may be moving from the courtroom to the negotiating table if emerging feelers from a peace meeting brokered by a respected oil man,…
Austin Avuru calls off retirement dinner following court injunction
Austin Avuru, founding CEO of Seplat Energy, has called off the planned retirement dinner which was to feature the unveiling of his books following an injunction by an Abuja High Court presided over by Justice SB Belgore. An e-message signed…
Avuru responds to Seplat – “My purported sack is mischievous”
Austin Avuru has responded to the purported termination of his appointment as a Non-Executive director on the board of Seplat Energy, a company he co-founded and was pioneer CEO at. The widely circulated statement published a few days to Christmas…
Shaky Before the Goal Post: Business lessons from Austin Avuru’s biography
One evening in 2009, Austin Avuru, then CEO of Platform Petroleum, received a call from Nasir Ado Bayero during which the latter asked if Platform would be interested in purchasing Shell’s stake in Oil Mining Lease (OML) 38, in the…