Nigeria’s state petroleum company edges closer to listing
Oil company was supposed to have offered shares for public trading in 2021
27 March 2025 - 19:19
Abuja — State-owned Nigerian National Petroleum Corporation (NNPC) is in the “final” stages of preparations for an initial public offering, a senior company official said on Thursday, but gave no time frame for the long-delayed listing.
Chief finance and investor relations officer Olugbenga Oluwaniyi said in a statement the NNPC was talking to prospective investor relations executives and investment banks, in line with capital market regulations and the oil industry law which mandates it to list its shares on the stock market...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.