Tag: Forte Oil
Forte Oil plans name change
Forte Oil (FO) Plc on Monday notified its shareholders of plans for a name change to Ardova Plc.
Otedola no longer owns Forte Oil, sells 75% stake
Oil magnate, Mr Femi Otedola, on Wednesday announced his exit from Forte Oil Plc with divestment of 75 per cent…
Otedola offloads shares in Forte Oil for $125m
Nigerian businessman Femi Otedola has concluded the sale of his 75 percent stake in Forte Oil to Prudent Energy, a…
Forte Oil Loses N15m To dealer
The Management of Forte Oil Plc has dragged an oil dealer, Olusegun Oyalana, 37, before a Lagos Magistrate Court for…
4 houses, 5 vehicles burnt as tanker falls off Ojuelegba bridge
Kazeem Ugbodaga At least four houses and five vehicles have been burnt as another fuel tanker fell off Ojuelegba bridge,…
Forte Oil Signs $83m Contract With Siemens
Nigerian energy firm Forte Oil said on Monday it had signed an $83 million contract with Siemens to upgrade its…
GTBank, Forte Oil partners to increase GTExpress locations
Guaranty Trust Bank (GTBank) Plc says it is partnering with Forte Oil Plc, to further the cause of its recently…
NSE capitalisation rises by N92bn
Transactions on the Nigerian Stock Exchange (NSE) on Friday maintained the bullish trend with the market capitalisation appreciating further by…
SEPLAT listing boosts NSE market by N28bn
The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday appreciated by 2.23 per cent due to the listing…
Dangote Cement, Forte Oil record gains at NSE
Transactions on the Nigerian Stock Exchange (NSE) remained on the upbeat on Wednesday with the market indicators rising by 0.96…
Guinness loses big, Forte Oil gains
The market capitalisation of the Nigerian Stock Exchange (NSE), on Tuesday declined by N65 billion, as a result of huge…
Korean firm buys Nigeria’s power plant
The National Council on Privatisation (NCP) on Thursday approved the sale of 70 per cent of Egbin power plant in…
New Gold, Dangote Cement gain, market cap rises
Market capitalization on the Nigerian Stock Exchange (NSE) appreciated the first day of trading after the holidays, as some blue…