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