Nigeria Eyes Selling Up to 10% of Oil Giant

NNPC eyes 10% equity sale, London, New York listings

The Nigerian National Petroleum Company Limited is considering selling 5-10% of its equity in an IPO, with a primary focus on the domestic market.

Nigeria Eyes Selling Up to 10% of Oil Giant

NNPC's chief executive says Nigeria's state oil firm will likely sell 5% to 10% of itself in an IPO, mostly to local investors, after a 2027 preparation.

NNPC moves to sell shares to Nigerians after Dangote Refinery’s historic ₦2.15tn IPO

NNPC plans a 5% to 10% IPO, prioritising Nigerians, with preparations set to run until 2027 as Chinese firms eye stakes in Port Harcourt and Warri refineries.

NNPC Plans To Sell Up To 10% Stake In IPO, Considers London, New York Listings

The Nigerian National Petroleum Company (NNPC) Limited is considering selling between 5% and 10% of its shares through an initial public offering (IPO) as the state-owned energy company moves towards opening its ownership to public investors. NNPC Group Chief Executive Officer Bashir Bayo Ojulari disclosed that the company would likely prioritise a listing on the […]

NNPC plans 5% to 10% IPO stake sale, targets Nigerian investors

KEY POINTS MAIN STORY The Nigerian National Petroleum Company (NNPC) plans to sell between 5 per cent and 10 per cent of its shares through an initial public offering (IPO), in a move that could give private investors their first opportunity to own part of the state-owned oil company. NNPC Chief Executive Officer, Bayo Ojulari, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

NNPC Ltd plans to offer 10% shares in planned IPO

The Nigerian National Petroleum Company (NNPC) Ltd is considering offering between five and 10 per cent of its shares to investors in its proposed initial public offering (IPO), with plans to list primarily on the Nigerian Exchange (NGX) and potentially expand to international stock markets.