Mobil Oil Nigeria Plc (MON) | Egypt Oil & Gas

Nipco to Purchase 60% of Mobil Oil Nigeria

Nipco Plc will pay about $291m for the acquisition of the 60% shares of ExxonMobil in the company.

ExxonMobil to Exit Nigeria’s Downstream

ExxonMobil plans to sell 60% of its equity in Mobil Oil Nigeria Plc (MON) to Nipco Investments Limited, a wholly-owned subsidiary of Nipco Plc.

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