NNPC Advances IPO Preparations With Governance Overhaul

Bayo Ojulari says NNPC Making Progress on IPO Plans

Bayo Ojulari, chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the firm is making progress towards a public listing on the Nigerian Exchange (NGX). In an interview with Bloomberg on Tuesday, Ojulari said the development followed the successful precedent set by billionaire Aliko Dangote’s share offering in his refining company. “We’ve done the baseline assessment,” Ojulari said. He said the company is …

NNPC Moves Closer To Stock Market Listing As Governance Reforms Gather Pace

The Nigerian National Petroleum Company Limited (NNPC) has advanced preparations for its proposed initial public offering (IPO) with management implementing changes to its financial reporting and corporate governance structures to meet the requirements of a public listing. NNPC Group Chief Executive Officer, Bayo Ojulari, disclosed the progress during an interview with Bloomberg on Tuesday, October […]

NNPC advances IPO plans, addresses governance, financial reporting gaps

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is advancing plans for its initial public offering (IPO) as it implements governance reforms and addresses financial reporting gaps identified by its advisers ahead of a potential capital market listing.

NNPC Advances IPO Preparations With Governance Overhaul

The Nigerian National Petroleum Company Limited (NNPC) is advancing preparations for a public listing, with governance reforms and reporting upgrades identif...