Mobil Oil Nigeria changes name to 11 Plc after US$300mn deal

摘要

IN A NOTICE sent to the Nigerian Stock Exchange, Mobil Oil Nigeria has informed dealing members and the investing public of its change of name from Mobil Oil Nigeria to 11 Plc. The change of name took effect on the Nigerian Stock Exchange on 11 August 2017. NIPCO Plc, had last year acquired a 60 per cent stake in Mobil Oil Nigeria from Exxon Mobil of the USA in a deal valued at US$300mn.