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Nigeria's NNPC CEO says IPO is not an option

ReutersNov 4, 2025 6:29 AM

- Nigerian state-owned oil firm NNPC CEO Bayo Ojulari said on Tuesday that an IPO is not an option for the company.

Speaking at the ADIPEC energy conference in Abu Dhabi, Ojulari added the company is working towards increasing its stake in Dangote refinery to 20%.

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