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Why I want to sell Forte Oil – Otedola – Daily TrustBusiness mogul Femi Otedola has announced divestment of his 75 per cent shareholding in Forte Oil to maximize opportunities in refining and petrochemicals businesses. Otedola and Aliko Dangote are in partnership for the construction of the $12 billion 650,000 barrels per day petrochemical refinery in Lekki, Lagos. The project is expected to come on-stream next …
Source: Daily Trust - 🏆 13. / 51 Read more »
Otedola to Divest from Forte Oil - THISDAYLIVEGoddy Egene Chairman of Forte Oil Plc, Mr. Femi Otedola, is set to sell his 75 per cent direct and indirect shareholdings in company, according to a notification to the Nigerian Stock Exchange (NSE). The notification, which was signed by the General Counsel of Forte Oil Plc, Akinleye Olagbende, reads: “Forte Oil Plc hereby notifies …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Otedola to sell Forte Oil shares, exit fuel businessLike seriously? That's a smart move for a smart man. Because they are already used to corruption, they can not enjoy the little profit on oil now.
Source: MobilePunch - 🏆 8. / 63 Read more »
Otedola moves to acquire Forte Oil upstream, power firm - Vanguard News NigeriaThe majority shareholder of Forte Oil Plc, Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on February 7.
Source: vanguardngrnews - 🏆 5. / 75 Read more »