MRS Oil Nigeria Leaves Stock Exchange 55 Years After Listing 

MRS Oil Nigeria Plc, a major fuel marketing company, has exited the country’s stock exchange 55 years after listing.

The company’s shares were suspended from trading last week by the Nigerian Exchange Limited (NGX) in preparation for the delisting of its securities. 

”Following the approval of the company’s application to delist its entire issued share capital from Nigerian Exchange Limited (NGX), please be informed that the entire issued share capital of MRS Oil Nigeria Plc were on Monday, 28 July 2025, delisted from the Daily Official List of NGX,” the Lagos-based bourse said on Friday. 

MRS Oil announced in March that it had concluded arrangements for the voluntary delisting of all its issued shares from the NGX and subsequent admission to the NASD OTC Securities Exchange.

The company, formerly known as Texaco Nigeria Limited, was listed on the stock exchange on January 1, 1970.

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