NNPCL plans to initiate an IPO with a 5 to 10 percent stake, focusing on the domestic market. The listing aims to enhance transparency and governance, with cash raising as a secondary goal. Preparations are expected to take all of next year.

NNPCL IPO Stake Sale Plans
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NNPC plans to sell 5% to 10% of its shares in an IPO, focusing initially on the domestic market. CEO Bashir Bayo Ojulari stated that the IPO aims to enhance transparency and governance, with preparations expected to last through 2027.

NNPC Ltd. is considering selling 5% to 10% of its equity through an IPO, focusing on Nigeria's domestic market. The Group CEO, Bashir Bayo Ojulari, indicated that the listing aims to enhance corporate transparency and governance, with potential secondary listings in London or New

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