Business Hilights

Tracking Nigeria's Headline Business News Online

Mobil Oil Nigeria Plc

Nnamdi Obiagwu, now Eterna Plc’s COO

Eterna Plc has via a statement released to the Nigerian Stock Exchange (NSE), appointed Nnamdi Obiagwu as Chief Operating Officer (COO) effective 10th January 2020. Obiagwu is a graduate of Mechanical Engineering from the Federal University of Technology, Owerri. He…

AMCON: Costliest hotel in Lagos, Intercontinental now property of 11 Plc

Following completion of payment and official documentation, 11 Plc, formerly known as Mobil Oil Nigeria Plc, has finalised discussions with the Asset Management Company of Nigeria (AMCON) to acquire the Lagos Continental Hotel. A statement filed at the Nigerian Stock…

Mobil Oil changes name to 11 Plc (pronounced as Double One Plc)

Based on the resolution passed by the company’s shareholders at its annual general meeting (AGM) held on 24 May 2017, Mobil Oil Nigeria Plc says it has completed all needed terms and conditions to change name and should henceforth, be…