Tag
FORTE OIL PLC
@nsenigeria closed Tuesday's trading on a bearish note with @ForteOilNg topping losers.
Olumide Adeosun has a proven track record of technical delivery, senior leadership, and strategic foresight. Over his career, he has led profitable businesses and is a recognised thought leader in the energy sector.
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.
The Nigerian Stock Exchange ended Thursday’s trading session in negative territory. The All Share Index closed at 29,765.31 basis points, down 0.02%.
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 Nigerian Stock Exchange ended Wednesday's trading session in negative territory. The All Share Index closed at 29,772.72 basis points, down 0.15%.
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.
Ellah Lakes Plc takes the first spot in this week's stocks to watch on the @nsenigeria
@forteoilng was the best performing stock on the @nsecontact for the trading week ended June 15, 2019