Tag
FEMI OTEDOLA
News and Analysis about Femi Otedola. The Chairman and majority shareholder of Forte Oil Plc
Business magnate, @realFemiOtedola has explained why he doesn't wear wristwatch any more, but popular OAP, @DaddyFRZ disagreed with him.
Nigerian businessman and billionaire, Femi Otedola has given reasons to why he assisted the ailing actor, Sadiq Daba in paying up his medical bills.
Although, Femi Otedola’s decision to divest his shares in Forte Oil came as a surprise to many Nigerians, it was more surprising that it was acquired by Nigerian company, Prudent Energy & Services Limited, owned by a Nigerian businessman and oil mogul.
Nigerian billionaire Aliko Dangote hosts British professional boxer, Anthony Joshua and his sister on his yacht.
If the @NGSuperEagles of Nigeria score more goals dollar rain await them, according to @AlikoDangote and @realFemiOtedola
There are strong indications that the new management and board of Forte Oil Plc may soon change the company's name as part of its restructuring.
Prudent Energy Services Limited, the new majority shareholder of Forte Oil Plc, is set to acquire fresh N22 billion worth of shares of the company.
While Femi Otedola's exit from @forteoilng was major news last week, @oando_plc vs @secnigeria court case resumes next week
Billionaire investor and businessman, @realFemiOtedola, has revealed plans to shift focus to power with a plan to invest $1bn into Geregu Power Plc, following the recent sale of Forte Oil Plc.
Following the full acquisition by Prudent Energy Services Ltd, Forte Oil Plc has appointed Olumide Adeosun and Moshood Olajide as CEO and CFO, respectively.
Femi Otedola's exit from the @forteoilng means Prudent Energy the new key shareholder will have to make several key decisions.
The share price of Forte Oil Plc opened at N32.30 per share at the Nigerian Stock Exchange yesterday up from its last week opening price of N25.75, signalling a 24.44% rise in value barely one week after the Exchange endorsed the transfer of the 75% majority equity stake in the company from its Chairman, Femi Otedola, to Prudent Energy and Services Limited in a share purchase deal.