The Nigerian National Petroleum Company Limited NNPCL has revealed that it is now in the final stages of preparing for its highly anticipated listing on the capital market, by the provisions of the Petroleum Industry Act 2021.
The NNPCL Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye, made the announcement in a statement released today in Abuja.
Soneye said the Company’s Chief Finance and Investor Relations Officer, Mr Olugbenga Oluwaniyi, hinted at the development during a consultative meeting with partners at the NNPC headquarters.
He said NNPC Ltd was currently engaging with prospective partners in an exercise tagged, “NNPC Ltd. IPO Beauty Parade” in line with capital market regulations before the commencement of the Initial Public Offer.
He listed the areas of partnership required to include Investor Relations, IPO Readiness Advisors, and Investment Bank Partners.
