About NNPC
NNPC is a company based in Abuja (Nigeria) founded in 1977.. NNPC has completed 1 acquisition, including OVH Energy. NNPC offers products and services including Oil and Gas and CNG and Sustainable Fuels.
- Headquarter Abuja, Nigeria
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Nnpc Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.16 M (USD), Grant
Nov 15, 2019
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of NNPC
NNPC offers a comprehensive portfolio of products and services, including Oil and Gas and CNG and Sustainable Fuels. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Production and supply of oil and gas are managed by NNPC LTD for various industrial and economic uses
Promotion and distribution of CNG buses and other sustainable fuel options are handled by NNPC LTD to support environmental initiatives
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Funding Insights of NNPC
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $1.2M
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First Round
First Round
(15 Nov 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Grant - NNPC | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NNPC
NNPC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include USTDA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Infrastructure development services are provided to support international projects.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NNPC
NNPC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OVH Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Refined petroleum products are marketed and distributed across West Africa.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NNPC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nnpc Comparisons
Competitors of NNPC
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NNPC
When was NNPC founded?
NNPC was founded in 1977 and raised its 1st funding round 42 years after it was founded.
Where is NNPC located?
NNPC is headquartered in Abuja, Nigeria. It is registered at Abuja, Federal Capital Territory, Nigeria.
What does NNPC do?
NNPC was founded in 1977 and is headquartered in Abuja, Nigeria. Operations are centered in the oil and gas sector, where producer services such as exploration, production support, and refining are managed. The company oversees national energy resources and contributes to the domestic fuel supply chain. Leadership is provided by Group Managing Director Mele Kolo Kyari, with activities spanning upstream and downstream segments across Nigeria.
What products or services does NNPC offer?
NNPC offers Oil and Gas and CNG and Sustainable Fuels.
How many acquisitions has NNPC made?
NNPC has made 1 acquisition, including OVH Energy.
Who are NNPC's investors?
NNPC has 1 investor. Key investors include USTDA.
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