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Mobil Nigeria Rises to 15-Month High After Profit Increases

April 27 (Bloomberg) -- Mobil Nigeria Plc, a petroleum products marketer, rose to the highest level in almost 15 months after erporting a 65 percent increase in profit for the year through December to 2.84 billion naira.

The stock gained 8.13 naira, or 4.8 percent, to 182.99 naira, the strongest level since March 2, 2009.

Link to Company News:{MOBIL NL <Equity> CN <GO>}

To contact the reporter on this story: Vincent Nwanma in Lagos at vnwanma@bloomberg.net

To contact the editor responsible for this story: Ana Monteiro at amonteiro4@bloomberg.net

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