By Aduragbemi Omiyale A fully integrated downstream player in the country’s energy sector, MRS Oil Nigeria, is seeking the approval of its shareholders to leave the Nigerian Exchange (NGX) Limited for the NASD over-the-counter (OTC) Securities Exchange. In a notice to the nation’s flagship stock exchange on Tuesday, MRS Oil disclosed that its decision to exit the platform is due to “regulatory obligations, administrative and compliance costs, emerging opportunities, evolving market conditions and the trajectory of projected long term financial and operational growth.” It stated that the equities of the organisation would be delisted from the NGX and steps would
MRS Oil to Quit NGX for NASD OTC Securities Exchange
