…Says listing depends on shareholders
The Nigerian National Petroleum Company (NNPC) Limited has said it has no date for its initial public offering (IPO) yet, and that the decision to list will rest with its shareholders, not management.
Group chief executive officer, Bayo Ojulari, said this while responding to questions from journalists at a briefing in Abuja on the company’s 2025 audited financial results.
“We don’t have a date for the IPO at this time,” he said, adding that a date would be communicated once one is set.
He explained that consultants and other parties assessing the company will advise when it is ready, after reviewing the closure of all identified gaps. Manageme...
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No Date For IPO Yet— NNPC
Source: Leadership News
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