CATEGORY: FORTE OIL

Analysis: Is Forte Oil Plc Highly Inflammable?

Forte Oil Plc: Highly Inflammable? In contrast to sector peers, which had a stellar 2016 performance, Forte Oil (FO)...


Alert: Forte Oil Raises N9 billion Via Corporate Bonds @17.5% Interest Rate

Forte Oil Nigeria Plc has raised N9 billion naira ($30 million) with the sale of five-year bonds carrying an...


Alert: Forte Oil Reports N5.3 billion Pre-Tax Profit (2016 FY)

Forte Oil Plc released its 2016 result for the year ended 31 December 2016 ; See below Revenue N’million...



CORPORATE ACTION: Forte Oil Appoints Independent Non-Executive Director

The board of directors of Forte Oil Plc have appointed Mr. Nicolaas A, Vervelde as an Independent Non-Executive Director...


Official: Forte Oil Plc Closes N9b Series 1 5year Fixed Rate Bond Issue

Forte Oil has now officially issued a press release for its N9 billion offer. Nairametrics broke this news earlier...


Forte Oil Share Price Drops Below N100 For First Time In 3 1/2 Years

Forte Oil Nigeria Plc hit a new year low on Monday after its share price closed trading at N94.32....


Forte Oil To Borrow N9 billion Via Bonds

Nigeria’s oil and gas firm, Forte Oil Plc has finalized plans to raise about N9 billion via corporate bonds....


Forte Oil Appoints Independent Non Executive Directors

Forte Oil Plc (the Company) announced the appointment of Dr. (Mrs). Mairo Usman Mandara and Mrs. Salamatu Hussaini Suleiman...



Alert: Forte Oil Plc Release 2016 Third Quarter Earnings

  Forte Oil Plc released its 2016 result for the nine months ended 30 September 2016 ; See below...



Alert: Forte Oil Plc Release 2016 Q2 Earnings

Forte Oil Plc released its 2016 Q2 results for the period ended June 30 2016 ; See below  ...


What’s Happening To Forte Oil’s Share Price?

Forte Oil Plc released its 2016 Q1 results showing pre-tax profits rose 55 percent to N1.3 billion. Revenues also...


Forte Oil To Seek Shareholder Approval To Raise N100 bn

Nigeria’s Forte Oil said it plans to raise up to N100 billion ($503 million) to expand its operations in...


Forte Oil’s Chief Gets Elected To Head Major Oil Marketers

Major Oil Marketers Association of Nigeria (MOMAN) an independent body of key players in the downstream sector have just...


Two Reasons Why Forte Could Hit N500 Per Share

Forte Oil Plc Is one of the many miracles of the Nigerian stock exchange. From as low as N9...


The Force Behind Forte Oil’s Impressive 2015 Results

Forte Oil released its 2015 FY results showing profit after tax for the group rose 30% to N5.8 billion....


[Corporate Action] Forte Oil Records 30% Rise In PAT In 2015

Forte Oil released its financial results for the year end 31 December, 2015. The results showed that revenue dropped...


Finally, SEC Instructs Forte Oil To Issue Bonus Shares Before March 31st 2016

Forte Oil Plc issued a press release on Tuesday that it has been instructed by the Security and Exchange...


Forte Oil Wins Contract To Lift Crude

Forte Oil has announced that it has that it has secured approval to lift petroleum on behalf of the...