Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

Kachikwu Tells The World NNPC Will ‘IPO’ In 2018

NairametricsbyNairametrics
7 years ago
in Business News
There Will Be Substantial Rise In Demand For OPEC Crude In 2016 – Kachikwu
Share on FacebookShare on TwitterShare on Linkedin

The Media loving Minister for Petroleum today told reporters in Abu Dhabi that the NNPC will have its first initial public offering (IPO) in 2018 according to reports from Bloomberg. The government had revealed it had plans to break up the NNPC and then list on the Nigerian stock exchange.

“It’s inevitable,” Kachikwu, who also heads the Nigerian National Petroleum, said on Tuesday in an interview in Abu Dhabi. “Part of the cleaning up process that we’re doing is to prepare for that.”

Bloomberg further reports that the NNPC will be selling shares in its downstream asset comprising its refining and distribution business and select exploration and production assets to the public.

The Minister was also widely reported to have revealed the intention of members of OPEC to have an emergency meeting in response to the slide in the price of oil. Ibe Kachikwu is one of the most active and vocal member of President Buhari’s cabinet and is quoted nearly every other week in the media.

 

Related

Tags: ipoNNPC Nigeria News

Leave a Reply Cancel reply

HFM
Mega Millions
Mega Millions
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • N2.9 billion fraud charges: Why the court discharged Rochas Okorocha
  • Breaking: Naira redesign: Court bars CBN from extending deadline for use of old naira notes
  • Cash scarcity affects tithes, collections, operations – Pastors complain

Follow us on social media:

Recent News

N2.9 billion fraud charges: Why the court discharged Rochas Okorocha

N2.9 billion fraud charges: Why the court discharged Rochas Okorocha

February 6, 2023
3 state governments drag FG to Supreme Court as 13 parties threaten to withdraw from 2023 election

Breaking: Naira redesign: Court bars CBN from extending deadline for use of old naira notes

February 6, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds

© 2023 Nairametrics