Gas Group plans NGX listing, eyes energy expansion
Gas Group Plc has announced plans to list its existing ordinary shares on the main board of the Nigerian Exchange Limited as part of efforts to strengthen its corporate governance, deepen access to capital and finance expansion into refining, gas infrastructure and power generation. The company also plans to develop dedicated gas-to-power infrastructure for artificial Read More:…
Gas Group Plc plans to list its shares on the Nigerian Exchange Limited, aiming to strengthen corporate governance, access capital, and finance expansion into refining, gas infrastructure, and power generation. CEO Gliffeth Wonuigwe revealed that the proposed NGX listing would provide an organized market for the company's shares and facilitate financing for its next phase of growth.
Additionally, the company intends to develop dedicated gas-to-power infrastructure for AI-powered data centers, hyperscale computing facilities, and other energy-intensive digital infrastructure across Nigeria and Africa, addressing persistent electricity supply challenges in the country.
Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
