In a notice sent to the Nigerian Stock Exchange (NSE), Mobil Oil Nigeria has informed dealing members and the investing public of its change of name from Mobil Oil Nigeria to 11 Plc.
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The management of Nigeria Liquefied Natural Gas (NLNG) has commended the management of NIPCO Plc for building the largest Liquefied Petroleum Gas (LPG) storage facility in Africa.
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The Group Managing Director of NIPCO Plc, Mr. Venkataraman Venkatapathy, has outlined measures being put in place by the majority shareholders in Mobil Oil Nigeria Plc to make the recent acquisition of ExxonMobil’s 60 per cent stake a game changer in the downstream sector. Specifically, the deal which would ensure increase in the production of Mobil brand of lubes which […]
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The Nipco Plc, has announced the successful acquisition of 60% stake in Mobil Oil Nigeria Plc (MON) following due statutory approvals from the ‘Securities and Exchange Commission’ and the ‘Nigerian Stock Exchange’. Briefing newsmen yesterday, the Group Managing Director, Nipco Plc Venkataraman Venkatapathy the Focus will now be placed on expansion of the retail footprint under the Mobil brand. With […]
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Barely few weeks after NIPCO Plc reopened its seven Compressed Natural Gas (CNG) Filling Stations in Benin, Edo State, after they were shutdown for several days by aggrieved motorists in protest against the hike in price of gas, the motorists are threatening fresh showdown with the company, THISDAY has learnt. Over 4,000 motorists, who use CNG as vehicular fuel […]
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