2019 has been an interesting year in corporate Nigeria. As expected, a lot of the companies on the Nigerian Stock Exchange released quarterly financial statements, some of which were impressive and others not so impressive....
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Nigerian billionaire, Femi Otedola on Monday, 4th of November turned 56 years of age. Femi Otedola was born on November 4 1962 in Oyo State to Micheal Otedola, a former Governor of Lagos state....
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Forte Oil Plc has announced the resignation of eight directors, and the appointment of six new members of the company’s board of directors.
The company has also summoned an inaugural board meeting. This is contained in a notice that was signed by Forte Oil’s General …
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Chief Executive Officer Profile & Industry experience: With extensive knowledge developed over 18 years of experience encompassing oil and gas, renewable energy, power, and strategy both locally and...
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Shares in Forte Oil Plc rose further by 2.5 per cent to N32.00 per share as investors reacted positively to the appointment of Mr. Olumide Adeosun as the new chief executive officer(CEO) of the....
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Following the acquisition of Forte Oil Plc from billionaire Femi Otedola, the oil and gas company has disclosed the resignation of Akin Akinfemiwa and Julius Omodayo-Owotuga as Chief Executive Officer (CEO) and Chief Financial Officer (CFO) of the Company; respectively. Following the...
Billionaire businessman, Mr. Femi Otedola, has fully divested from Forte Oil Plc.
The petroleum marketing firm had last December announced plans by Otedola, who has been the chairman of the company, to divest its stake to Prudent Energy team, which uses Ignite Investments and Commodities...
Billionaire businessman, Femi Otedola has announced his exit from Forte Oil. This comes months after he informed the public that he would....
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This week’s trading session on the Nigerian Stock Exchange (NSE) ended on a negative note as the All Share Index closed at 30,046.70 basis points, down 1.27%. Year to date, the index is down 4.40%....
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There was serious panic on Friday afternoon at the Murtala Muhammed Airport, Lagos, as a Forte Oil filling station within the premises suddenly caught fire. The fire restricted movement into the airport, causing gridlock.....
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Former Deputy National Chairman (South) of the Peoples Democratic Party, Chief Bode George, has expressed shock that businessman Femi Otedola endorsed Sanwo-Olu Babjide, the All Progressives Congress governorship candidate in....
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Femi Otedola, the Nigerian business mogul, has endorsed the Lagos State governorship candidate of the All Progressives Congress, Mr. Babajide Sanwo-Olu for governor.........
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The stocks of Nigerian Breweries Plc, GTBank Plc, Dangote Sugar Refinery Plc, Forte Oil Plc, and UAC of Nigeria Plc witnessed remarkable sell-off which thereafter impacted their prices after Tuesday’s trading on the Nigerian Bourse.
Only 14 stocks advanced in price as against 29 …
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Trading on Nigerian Stock Exchange (NSE) closed on a positive note on Tuesday, with Total Oil leading the gainers’ table.
The crucial market indicators appreciated...
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The equities market of the Nigerian Stock Exchange finished lower at the close of trading on Tuesday, after a two-day public holiday.
The market capitalisation of listed equities dropped to N14.006tn from N14.101tn on Thursday, while the NSE All-Share Index fell by 0.68 per cent to …
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