Tag: MRS Oil

Fuel scarcity'll continue after polls, marketers warn
Oil and Gas

Long queues emerge in Lagos as MRS slashes petrol price

Motorists on Wednesday thronged MRS filling stations across Lagos following a reduction in the pump price of petrol from N890 to N739 per litre, a development that eased fuel costs but resulted in long queues across the metropolis. According to the News Agency of Nigeria, who monitored activities at several filling stations, long but orderly […]

MRS oil quits NGX, joins NASDC OTC after massive profit
News

MRS oil quits NGX, joins NASDC OTC after massive profit

MRS Oil Nigeria Plc, with a market capitalisation of N60 billion, has announced its decision to voluntarily delist all issued shares from the Nigerian Exchange Limited and transition to the NASD OTC Securities Exchange. As of Friday, the company’s total outstanding shares stood at 342,884,708.00, with the stock closing at N174.9 per share. According to […]

News

Shareholders endorse MRS Oil delisting from NGX

Some shareholders of MRS Oil Nigeria Plc have supported the delisting of the company from the Nigerian Exchange. A shareholder and director of MRS, Mathew Akinlade, said that the planned delisting of MRS Oil Nigeria from the equity market would have no adverse effects on investors, according to The Punch. Akinlade stated that it would […]