Finance
Will NNPC list on the Nigerian Exchange before 2030?
Will NNPC list on the Nigerian Exchange before 2030?
- Yes50%
- No50%
Recent reports highlight active preparations and strong governmental backing for an NNPC listing on the Nigerian Exchange (NGX) ahead of 2030. Nigerian government officials and regulatory bodies are actively pushing the IPO to support broad economic and capital market capitalization goals.
- YesPoints toward
Bayo Ojulari reported that NNPC has completed an initial assessment and is actively advancing IPO plans by addressing governance and financial reporting gaps.
The Nigerian Senate, Finance Minister, and presidential committee leader Taiwo Oyedele are pushing the Federal Government to accelerate listings for NNPC and NLNG on the NGX to achieve a $1 trillion capital market capitalization target.
AI summary of 25 news stories, updated 2 hours ago. It can make mistakes — check the sources.
The Petroleum Industry Act turned NNPC into a limited company explicitly so it could one day list. Officials have named dates more than once.