The shareholders of Total Nigeria Limited have approved the formal change in the name of the company to TotalEnergies Marketing Nigeria Plc.
According to a statement issued on the website of the Nigerian Exchange Limited, the formal change was part of the resolutions reached at the recently concluded Extra Ordinary General Meeting of the company held on Thursday (yesterday) in Lagos.
Consequently, the shareholders elected to change the memorandum and articles of association to reflect the company’s new name. Additionally, the shareholders charged the Board of the company to implement all necessary steps required to effect a change of the name of the company.
Speaking on the name and logo change, the Managing Director of TotalEnergies Plc., Mr Imrane Barry said the company is committed to be at the forefront of the energy landscape in Nigeria. He said the new name and logo documents the company’s historic journey from inception to the point it is now.
TotalEnergies has been actively involved in the oil and gas business in Nigeria for over 60 years. The firm is renowned for the production, transportation, trading and distribution of responsible energies to the end customer.
Total Nigeria Plc (now known as TotalEnergies Plc) closed trading for the week ended 20th of August, 2021 with a share price of N199.20.