Nipco Plc

  • Nipco Launches $16m Offer for Mobil Oil Shares

    Nipco Launches $16m Offer for Mobil Oil Shares

    Thursday, 22nd June 2017
    Nipco Plc has launched a $16m offer for the shares it needs to increase its stakes in Mobil Oil to 70% to comply with Nigerian takeover rules.
  • Nipco Shareholders Approved MobilOil Deal

    Nipco Shareholders Approved MobilOil Deal

    Monday, 19th December 2016
    Shareholders of Nigeria’s Nipco PLC have authorized the company’s board of directors to stand as a guarantor for the acquisition of 60% majority equity stake in Mobil Oil Nigeria.
  • ExxonMobil to Exit Nigeria’s Downstream

    ExxonMobil to Exit Nigeria’s Downstream

    Monday, 24th October 2016
    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.