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BusinessDay Says Investor Demand Could Challenge NNPC's IPO Plan

On Sept. 29, Ojulari said consultants and assessors would review listing readiness before shareholders decided whether to pursue an IPO.

Updated 1 min read
The glass headquarters rises above Abuja's Central Business District as traffic passes on a hazy morning. / EconoTimes.ai
The glass headquarters rises above Abuja's Central Business District as traffic passes on a hazy morning. / EconoTimes.ai

BusinessDay reported Nov. 5 that attracting private investors could challenge Nigerian National Petroleum Company Limited (NNPC) if it moves forward with a proposed initial public offering (IPO).

EconoTimes previously summarized NNPC’s audited 2025 results and the listing debate.

On Sept. 29, NNPC Group Chief Executive Officer Bashir Bayo Ojulari said consultants and assessors would evaluate listing readiness before shareholders decided whether to pursue an IPO, TheCable reported. The account gave no date for the shareholder decision.

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