Quote:
Originally Posted by panej
Other companies that could have helped improve Nigeria's standing on that list, like ExonMobile, Total, etc. are already counted under other countries. Bigger doesn't mean better these days anymore. Remember GM, AIG, Citigroup, etc....
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The holding company Exxon Mobil, Total etc are listed on their host country exchanges. Some have dual listings. Their Nigerian subsidiaries are wholly owned and so cannot be listed. However, Total Nigeria PLC, Mobil, Chevron which are not wholy owned are listed under Petroleum Marketing.