OpeOluwani Akintayo 10 August 2017, Sweetcrude, Lagos – Mobil Oil Nigeria Plc has announced that a change of name to 11Plc.
According to a statement released on Wednesday, the company said its new name, 11 Plc is pronounced as “Double One Plc”.
The change will be effected by the Nigerian Stock Exchange with effect from Friday 11 August 2017, the statement signed by NSE’s Acting Head, Listings Regulation Department, Godstime Iwenekhai said.
“This is sequel to the resolution passed by the company’s shareholders at its Annual General Meeting (AGM) held on 24 May 2017. The Company has since obtained a new Certificate of Incorporation from the Corporate Affairs Commission (CAC) bearing the new name. The change of name will be implemented by The Nigerian Stock Exchange with effect from Friday 11 August 2017”, the statement read.