Bloomberg News

Mobil Oil Nigeria Nine-Month Profit 2.97 Billion Naira

October 31, 2011

(Corrects profit figure in headline.)

Oct. 31 (Bloomberg) -- Mobil Oil Nigeria Plc said net profit for the nine months through September rose 1.4 percent to 2.97 billion naira from 2.93 billion naira a year earlier.

Revenue declined to 44.93 billion naira from 45.22 billion naira, it said in a statement published in BusinessDay newspaper today.

--Editor: Hilton Shone

To contact the reporter on this story: Vincent Nwanma in Lagos at vnwanma@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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