Tag Archives: NIPCO

Following the successful sale of its 60 percent equity stake of ExxonMobil in Mobil Oil Nigeria Plc (MON) to Nipco PLC, shareholders has called on the later to toe the path of the former and better drive more investment. These were the views of Nipco stakeholders at its 2016 Annual General Meeting, AGM which was set to formally declare the …

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THE Group Managing Director, NIPCO Plc, Mr Venkataraman Venkatapathy, has outlined measures being put in place by the majority shareholders of the newly acquired ExxonMobil 60 percent equity stake in Mobil Oil Nigeria Plc to make the deal a game changer in the petroleum downstream sector. Venkatapathy stated at the Nigerian Stock Exchange, NSE, on the invitation of the Exchange …

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