By Bukola Kayode
The Nigerian National Petroleum Company Limited has said it has reached the final stages of preparing for its listing on the capital market in accordance with the provisions of the Petroleum Industry Act 2021.
According to NNPCL’s Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye, 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.
Soneye further revealed in a statement issued in Abuja on Thursday that 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.
“According to the CFIO, the aim of the IPO Beauty Parade, is to access potential partners and determine in what ways they could be of support to the company,” the statement explained
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