11 Plc Nigeria – Company Profile, Market and Leadership Board

11 Plc Nigeria

11 Plc or Double One Plc Nigeria is an oil & gas company that deals on marketing petroleum products as well as on properties. 11 Plc is based in Nigeria and was formerly known as Mobil Oil Nigeria plc before the name change in 2017.

The same year the Nigerian Stock Exchange (NSE) also recognised the new name. The commercial and retail products of 11 Plc which include petrol, diesel, household kerosene, heavy-duty oil, motor spirit, lubricants and grease is a big part of its revenue generation.

The company’s supply market is spread out to include the aviation, automotive, marine, and oil industries in Nigeria.

11 Plc also grows its revenue through its property business.

Key Leaders at 11 Plc

Ramesh S. Kansagra – Non-Executive Chairman
Adetunji A. Oyebanji – Managing Director, Executive Director
Ravi Bachu – Chief Financial Officer
Ramesh Virwani – Chief Operating Officer, Executive Director
Paul Chukwuma Obi – Director of Legal Services, Non-Executive Director

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Christina Ngene

Content creator focusing on finance and business with five years of experience and a foundation in forex analysis.

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