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home / articles / XOM - Exxon Shrinks Footprint In Nigeria Despite Renewal Of Lease On Lagos Office: Report | Benzinga

XOM - Exxon Shrinks Footprint In Nigeria Despite Renewal Of Lease On Lagos Office: Report | Benzinga

Exxon Mobil Corporation

Exxon Mobil Corporation (NYSE:XOM) is renewing a 33-year-old lease on its expansive offices in Lagos’s upscale Lekki district.

The lease was set to expire on Friday.

The move comes after it plans to scale down operations in Nigeria, reported Reuters.

Exxon is relocating staff from its 12-floor Mobil House, reportedly leased at $10 million annually, to a six-floor office ...

Full story available on Benzinga.com
Stock Information
Company Name: Exxon Mobil Corporation
Stock Symbol: XOM
Market: NYSE
Website: exxonmobil.com
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