Capital Trust Brokers
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Contact information
Address

6th Floor, St Peter's House, 3 Ajele Street Lagos, Nigeria.

Email

info(at)ctb-ng.com

Phone

+234 709 8119 327

Stock Market

FORTE OIL PLC

FO      20.70 NGN    - 2.30 (- 11.11 %)

Open
23.00
High
20.70
Low
20.70
Close
20.70
Year High
37.75
Year Low
17.30
Volumn
1,148,632
Value
24,129,040.00

Meet the new board of directors of Forte Oil Plc after Femi Otedola's exit

Tue, 25 Jun 2019 07:00:00 GMT — Pulse Nigeria
Meet the new board of directors of Forte Oil Plc after Femi Otedola's exit    Pulse Nigeria Forte Oil Divestment: Shareholders task firm on lubricants, liquidity    Vanguard Forte Oil Shareholders Task New Management On Sustainable Dividends    Leadership Newspaper Forte Oil assures stakeholders of better days ahead    NIGERIAN TRIBUNE Forte Oil Shares Rise as Adeosun is Appointed Chief Operating Officer    THISDAY Newspapers View full coverage on Google News read more

Nigeria: Forte Oil Appoints Adeosun As CEO

Fri, 28 Jun 2019 07:00:00 GMT — AllAfrica.com
Nigeria: Forte Oil Appoints Adeosun As CEO    AllAfrica.com Forte Oil Plc has appointed a new Chief Executive Officer and Chief Financial Officer following the completion of the sale of Mr Femi Otedola's shares in the firm's ... read more

We will most likely change our name, says new Forte Oil CEO

Wed, 26 Jun 2019 07:00:00 GMT — TheCable
We will most likely change our name, says new Forte Oil CEO    TheCable Olumide Adeosun, chief executive officer, Forte Oil Plc, says the company will most likely undergo a name change to reflect its new structure. Adeosun spoke at ... read more

Forte Oil Plc Notifies of the Resignation of the Company's General Counsel and Secretary

Wed, 03 Jul 2019 08:44:33 GMT — Proshare Nigeria Limited
Forte Oil Plc Notifies of the Resignation of the Company's General Counsel and Secretary    Proshare Nigeria Limited Forte Oil Plc (The Company) hereby notifies the Nigerian Stock Exchange (“The Exchange”), its shareholders and other stakeholders of the Company of the ... read more

Forte Oil’s core investor eyes minority shares with N22b bid

Mon, 24 Jun 2019 07:00:00 GMT — The Nation Newspaper
Forte Oil’s core investor eyes minority shares with N22b bid    The Nation Newspaper The new majority core investor in Forte Oil Plc may soon launch a mandatory tender offer (MTO) to take over ordinary shares held by minority shareholders. read more

Nigerian Energy Tycoon Femi Otedola Concludes Sale Of Forte Oil

Wed, 19 Jun 2019 07:00:00 GMT — Forbes
Nigerian Energy Tycoon Femi Otedola Concludes Sale Of Forte Oil    Forbes Nigerian energy tycoon Femi Otedola has concluded the sale of his 75% stake in Forte Oil, a publicly listed oil marketing company, to Prudent Energy, a local oil ... read more

'Forte Oil Will Not Delist From NSE'

Tue, 02 Jul 2019 03:23:41 GMT — Leadership Newspaper
'Forte Oil Will Not Delist From NSE'    Leadership Newspaper 'Forte Oil Will Not Delist From NSE' The new management of Forte Oil Plc said the company is not going to delist on the Nigerian Stock Exchange (NSE) or to ... read more

Nigerian Businessman Femi Otedola Sells Controlling Stake In Forte Oil

Tue, 25 Dec 2018 08:00:00 GMT — Forbes
Nigerian Businessman Femi Otedola Sells Controlling Stake In Forte Oil    Forbes Nigerian multi-millionaire businessman Femi Otedola is selling his 75% stake in oil marketing company, Forte Oil, to Prudent Energy, a local oil trading firm. read more

Femi Otedola moves on

Sat, 22 Jun 2019 07:00:00 GMT — Vanguard
Femi Otedola moves on    Vanguard Nigerian News - Billionaire Femi Otedola has announced his exit from Forte Oil, a month after announcing that he would sell his shares to a local oil drilling ... read more

Otedola to invest $1bn in Geregu power plant

Sat, 22 Jun 2019 07:00:00 GMT — TheCable
Otedola to invest $1bn in Geregu power plant    TheCable Femi Otedola, a Nigerian businessman and billionaire, has disclosed plans to shift his focus to power generation. In a series of tweets on his Twitter page on ... read more

Forte Oil gets new CEO, CFO after Otedola’s share sale

Fri, 21 Jun 2019 07:00:00 GMT — The Punch
Forte Oil gets new CEO, CFO after Otedola’s share sale    The Punch 'Femi Asu. Forte Oil Plc has appointed new Chief Executive Officer and Chief Financial Officer following the completion of the sale of Mr Femi Otedola's shares in ... read more

H1'19 Results: Analysts forecast bullish week

Mon, 22 Jul 2019 02:37:00 GMT — Vanguard
H1'19 Results: Analysts forecast bullish week    Vanguard FINANCIAL analysts have predicted a bullish run this week for the equities market amidst positive sentiment on the release of first half 2019, H1'19, companies' ... read more

Forte Oil Plc Notifies Of Divestment and Sales Of Its Subsidiaries

Sat, 04 May 2019 15:32:26 GMT — Proshare Nigeria Limited
Forte Oil Plc Notifies Of Divestment and Sales Of Its Subsidiaries    Proshare Nigeria Limited That as part of the steps towards, the divestment from and sale of its subsidiaries in Amperion Power Distribution Company Limited, the company has entered ... read more

Forte Oil Plc - Business Repositioning Signals New Dawn

Fri, 17 May 2019 07:00:00 GMT — Proshare Nigeria Limited
Forte Oil Plc - Business Repositioning Signals New Dawn    Proshare Nigeria Limited After the recent sale of the power and upstream businesses in Nigeria as well as the downstream operation in Ghana, Forte Oil Plc (FO) is well positioned for ... read more

Nigerian bourse trades 7.476bn shares worth over $298m - Journalducameroun.com

Sat, 22 Jun 2019 07:00:00 GMT — English
Nigerian bourse trades 7.476bn shares worth over $298m    Journalducameroun.com - English Published on 22.06.2019 at 13h21 by APA News. Share. A total turnover of 7.476 billion shares worth N91.107 billion (about $298.711m) were trade in 17,192 ... read more

Forte Oil rallies N8.53b gains on Otedola’s divestment deal

Wed, 19 Jun 2019 07:00:00 GMT — The Nation Newspaper
Forte Oil rallies N8.53b gains on Otedola’s divestment deal    The Nation Newspaper Shareholders of Forte Oil Plc have earned about N8.53 billion in capital gains after the Nigerian Stock Exchange (NSE) gave approval to a N64.9 billion ... read more

Otedola moves to acquire Forte Oil upstream, power firm

Wed, 16 Jan 2019 11:34:34 GMT — The Punch
Otedola moves to acquire Forte Oil upstream, power firm    The Punch The majority shareholder of Forte Oil Plc, Mr Femi Otedola, is planning to buy out the company's upstream services and power distribution firm to b... read more

Forte Oil offers power, upstream businesses for sale to unknown firms

Mon, 06 May 2019 07:00:00 GMT — The Nation Newspaper
Forte Oil offers power, upstream businesses for sale to unknown firms    The Nation Newspaper Forte Oil Plc has entered into share sale and purchase agreements to sell its power and upstream businesses in continuation of complicated divestment ... read more

Forte Oil declares N1.5b interim dividend

Thu, 23 May 2019 07:00:00 GMT — The Nation Newspaper
Forte Oil declares N1.5b interim dividend    The Nation Newspaper The board of directors of Forte Oil Plc has earmarked about N1.5 billion as interim cash dividend to shareholders of the indigenous oil and gas group. read more

Otedola’s planned exit from Forte Oil raises concern on downstream sustainability

Wed, 02 Jan 2019 08:00:00 GMT — Guardian Nigeria
Otedola’s planned exit from Forte Oil raises concern on downstream sustainability    Guardian Nigeria With the Chairman of Forte Oil Plc, Femi Otedola, set to sell his entire 75 per cent majority equity stake in the company in a deal estimated... read more

Forte Oil Plc: Will Planned Divestment Unlock Value?

Mon, 03 Sep 2018 07:00:00 GMT — Proshare Nigeria Limited
Forte Oil Plc: Will Planned Divestment Unlock Value?    Proshare Nigeria Limited Having received approval from its shareholders in May 2018 to dissolve its subsidiaries, FO released its first financials detailing the performance of both the ... read more

Why I want to sell Forte Oil – Otedola

Thu, 27 Dec 2018 08:00:00 GMT — Daily Trust
Why I want to sell Forte Oil – Otedola    Daily Trust Business mogul Femi Otedola has announced divestment of his 75 per cent shareholding in Forte Oil to maximize opportunities in refining and petrochemicals ... read more

What Otedola's divestment from Forte Oil means

Sat, 12 Jan 2019 08:00:00 GMT — Daily Trust
What Otedola's divestment from Forte Oil means    Daily Trust With share price which rose by 9.95 per cent to close at N34.35 per share on Thursday against N31.25 on December 24, 2018, Forte Oil's shares remained ... read more

Ex-staff floors Forte Oil in court, awarded N6.2m

Thu, 02 May 2019 07:00:00 GMT — Daily Post Nigeria
Ex-staff floors Forte Oil in court, awarded N6.2m    Daily Post Nigeria The National Industrial Court, Abuja, on Thursday, converted a summary dismissal of a staff of Forte Oil Plc to termination and ordered the company to pay. read more

Forte Oil to sell power unit to Otedola

Fri, 18 Jan 2019 08:00:00 GMT — Vanguard
Forte Oil to sell power unit to Otedola    Vanguard Forte Oil Plc plans to enter into talks to sell its power unit to its major investor, Mr. Femi Otedola, after it failed to secure a deal via a public tender. read more

Forte Oil to sell some Nigerian assets, pull out of Ghana

Wed, 02 May 2018 07:00:00 GMT — Reuters
Forte Oil to sell some Nigerian assets, pull out of Ghana    Reuters LAGOS (Reuters) - Nigerian energy firm Forte Oil (FO.LG) said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to ... read more

Eaton Plc (ETN) Position Has Upped by Wright Investors Service Inc; As Dollar Tree (DLTR) Stock Value Rose, Forte Capital Has Raised Holding by $433125

Fri, 19 Jul 2019 20:26:00 GMT — The InvestReporter
Eaton Plc (ETN) Position Has Upped by Wright Investors Service Inc; As Dollar Tree (DLTR) Stock Value Rose, Forte Capital Has Raised Holding by $433125    The InvestReporter Wright Investors *Service* Inc increased its stake in Eaton Corp Plc (ETN) by 54.91% based on its latest 2019Q1 regulatory filing with the SEC. Wright Investors ... read more

Energy group launches new products aimed at prioritising customer convenience

Thu, 13 Sep 2018 07:00:00 GMT — Pulse Nigeria
Energy group launches new products aimed at prioritising customer convenience    Pulse Nigeria Over the years, Forte Oil has been at the forefront of establishing a wide range of value-adding services through which customers can easily purchase the ... read more

Mercuria Acquires 17% Stake In Nigeria's Forte Oil For $200 Million

Wed, 07 Oct 2015 07:00:00 GMT — Forbes
Mercuria Acquires 17% Stake In Nigeria's Forte Oil For $200 Million    Forbes Mercuria Energy Holdings SA, a Swiss oil trading firm, has acquired a 17% stake in publicly-listed Nigerian petroleum marketing giant Forte Oil Plc for $200 ... read more

Transcorp Nigeria Wins Afam Power Sale With $293 Million Bid

Wed, 01 May 2019 07:00:00 GMT — Bloomberg
Transcorp Nigeria Wins Afam Power Sale With $293 Million Bid    Bloomberg Nigerian businessman Tony Elumelu's Transnational Corp. of Nigeria Plc was named the preferred bidder for Afam Electricity Generation Co. with a 105.3 ... read more

Forte Oil posted N7.9bn after-tax profit in H1

Tue, 14 Aug 2018 07:00:00 GMT — Punchng
Forte Oil posted N7.9bn after-tax profit in H1    Punchng Forte Oil Plc posted a profit after tax of N7.9bn for the first half of 2018, compared to N4.11bn recorded in the same period last year. The firm'... read more

Fire guts Forte Oil station at Lagos airport

Sat, 08 Dec 2018 08:00:00 GMT — The Punch
Fire guts Forte Oil station at Lagos airport    The Punch Maureen Ihua-Maduenyi There was panic on Friday afternoon at the Murtala Muhammed Airport, Lagos as a Forte Oil filling station within the airport... read more

FO Declares N650m PAT in Q1 2019 Results; Approves Special Dividend of N1.15 per Share (SP:N34.95k)

Mon, 06 May 2019 08:08:23 GMT — Proshare Nigeria Limited
FO Declares N650m PAT in Q1 2019 Results; Approves Special Dividend of N1.15 per Share (SP:N34.95k)    Proshare Nigeria Limited Forte Oil Plc, Petroleum and Petroleum Products Distributors company in Oil and Gas sector announced 50% Revenue growth in Q1'19 Result. read more

Nigerian Mogul Femi Otedola No Longer A Billionaire As Forte Oil Shares Fizzle

Mon, 17 Oct 2016 07:00:00 GMT — Forbes Now
Nigerian Mogul Femi Otedola No Longer A Billionaire As Forte Oil Shares Fizzle    Forbes Now Nigerian businessman Femi Otedola's net worth has plunged from $1.8 Billion to $550 Million following a massive drop in the stock price of Forte Oil, the ... read more

Nigeria’s Dangote Named As Buhari Election Campaign Adviser

Fri, 28 Dec 2018 08:00:00 GMT — Bloomberg
Nigeria’s Dangote Named As Buhari Election Campaign Adviser    Bloomberg Africa's richest man and the owner of Dangote Cement Plc, Aliko Dangote, has been named as an adviser for Nigerian President Muhammadu Buhari's ... read more

Forte Oil to focus more on fuel distribution operation in Nigeria

Mon, 07 May 2018 07:00:00 GMT — Oil Review Africa
Forte Oil to focus more on fuel distribution operation in Nigeria    Oil Review Africa Forte Oil Plc, Nigeria's oil and gas company, has announced to sell its upstream services and power operations in Nigeria and divest from Ghana to focus on its ... read more

Forte Oil Plc - Earnings Beat On Strong Power Performance

Wed, 11 Apr 2018 07:00:00 GMT — Proshare Nigeria Limited
Forte Oil Plc - Earnings Beat On Strong Power Performance    Proshare Nigeria Limited Fuel segment earnings constrained by tough operating environment • Gross profit across all but Power segment down y/y • Net finance costs moderate 15% y/y ... read more

Forte Oil Plc: Facts behind the investors' apathy

Mon, 21 May 2018 07:00:00 GMT — Vanguard
Forte Oil Plc: Facts behind the investors' apathy    Vanguard By Emeka Anaeto, Business Editor. AS the bear run on equities listed on the Nigerian Stock Exchange, NSE, persists it seems that investors are more in the ... read more

Forte Oil diversifies into solar power business

Thu, 07 Dec 2017 08:00:00 GMT — Punchng
Forte Oil diversifies into solar power business    Punchng 'Femi Asu A major player in the nation's downstream oil and gas sector, Forte Oil Plc, has unveiled its alternative solar energy initiative aimed ... read more

Otedola donates N18m for Chukwu’s overseas treatment

Thu, 25 Apr 2019 07:00:00 GMT — The Punch
Otedola donates N18m for Chukwu’s overseas treatment    The Punch NFF makes ex-Eagles captain Life Ambassador, Ugwuanyi employs son The Chief Executive Officer, Forte Oil Plc., Femi Otedola, has donated N18m fo... read more

Shareholders Approve Forte Oil's Divestment Plan From Subsidiaries

Wed, 23 May 2018 07:00:00 GMT — Proshare Nigeria Limited
Shareholders Approve Forte Oil's Divestment Plan From Subsidiaries    Proshare Nigeria Limited Shareholders today approved the divestment plan of Forte Oil Plc from its subsidiaries, as part of its restructuring plan. read more

Forte Oil to sell upstream, power businesses

Thu, 03 May 2018 07:00:00 GMT — Vanguard
Forte Oil to sell upstream, power businesses    Vanguard Forte Oil Plc has disclosed plans to sell its upstream services and power businesses in Nigeria and divest from Ghana in order to focus on its core fuel ... read more

Forte Oil Plc - Strong Start to 2017, PBT Rises by 11% YoY

Tue, 15 Aug 2017 07:00:00 GMT — Proshare Nigeria Limited
Forte Oil Plc - Strong Start to 2017, PBT Rises by 11% YoY    Proshare Nigeria Limited Following the release of H1'17 results, we spoke with management to understand the key drivers of its performance, and its outlook for the rest of the year. read more

Investors Alert on Forte Oil Plc: Highly Inflammable Stock?

Tue, 21 Feb 2017 08:00:00 GMT — Proshare Nigeria Limited
Investors Alert on Forte Oil Plc: Highly Inflammable Stock?    Proshare Nigeria Limited In contrast to sector peers, which had a stellar 2016 performance, Forte Oil (FO) grappled with impact of NGN depreciation on dollar loans linked to its power ... read more

Senate approves N69bn subsidy payment for 20 oil marketers

Wed, 29 May 2019 07:00:00 GMT — The Punch
Senate approves N69bn subsidy payment for 20 oil marketers    The Punch Sunday Aborisade, Abuja The Senate on Tuesday approved the payment of N68.9bn as outstanding subsidy claims to 20 petroleum marketers. The break... read more

Forte Oil Plc - Diversified Model Shields Earnings, Pat Up 81% YoY

Tue, 17 Oct 2017 14:47:55 GMT — Proshare Nigeria Limited
Forte Oil Plc - Diversified Model Shields Earnings, Pat Up 81% YoY    Proshare Nigeria Limited Despite posting a 20% y/y drop in 9M'17 revenue to ₦96.9 billion, FO reported a 23% y/y growth in 9M'17 EBIT to ₦9.7 billion, lagging our estimate by 22%. read more

Shareholders endorse Forte Oil's divestment plans

Sat, 26 May 2018 07:00:00 GMT — Premium Times
Shareholders endorse Forte Oil's divestment plans    Premium Times Forte Oil Plc has formerly announced its plan to restructure its operations by divesting from its upstream services and power generating businesses and the sale ... read more

Nigeria: Senate Says Economy in Danger, As FG Spends N11trn On Subsidy Payment in 6 Yrs

Fri, 31 May 2019 07:00:00 GMT — AllAfrica.com
Nigeria: Senate Says Economy in Danger, As FG Spends N11trn On Subsidy Payment in 6 Yrs    AllAfrica.com The Senate, yesterday, raised the alarm that the nation has spent not less than N11 trillion on oil subsidy payment in six years, warning that further payment ... read more

Forte Oil reverses self, list upstream services, power businesses for sale

Sat, 05 May 2018 07:00:00 GMT — Daily Trust
Forte Oil reverses self, list upstream services, power businesses for sale    Daily Trust Oil marketing major, Forte Oil Plc, has disclosed that it planned to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on ... read more

Eterna: Why we’re expanding as oil majors sell downstream arm

Tue, 12 Feb 2019 08:00:00 GMT — TheCable
Eterna: Why we’re expanding as oil majors sell downstream arm    TheCable Mahmud Tukur, managing director, Eterna Plc, says the company is expanding its downstream operations despite Nigeria's “challenging operating environment” ... read more

FO Declares N9.13bn PAT in Q3'18 Results; Revenue Grew by 39.4%,(SP:N21.60k)

Wed, 31 Oct 2018 17:11:10 GMT — Proshare Nigeria Limited
FO Declares N9.13bn PAT in Q3'18 Results; Revenue Grew by 39.4%,(SP:N21.60k)    Proshare Nigeria Limited Forte Oil Plc , Petroleum and Petroleum Products Distributors company in Oil and Gas sector announced 39.4% Revenue grow in Q3'18 Result. read more

Nigeria's Forte Oil in talks on refinery deal to boost capacity

Fri, 04 Aug 2017 07:00:00 GMT — Reuters Africa
Nigeria's Forte Oil in talks on refinery deal to boost capacity    Reuters Africa LAGOS, Aug 4 (Reuters) - Nigeria's Forte Oil said on Friday it was in talks with a major refinery to form a strategic partnership for local refining of petroleum ... read more

Folawiyo is richest Nigerian of all time – Otedola

Thu, 20 Dec 2018 08:00:00 GMT — The Punch
Folawiyo is richest Nigerian of all time – Otedola    The Punch Eniola Akinkuotu The Chairman, Forte Oil Plc, Femi Otedola, says the late Chief Wahab Iyanda Folawiyo, is the richest Nigerian that ever lived. O... read more

Forte Oil Posts Pretax Profit Of N10.6bn

Fri, 30 Mar 2018 07:00:00 GMT — Leadership Newspapers
Forte Oil Posts Pretax Profit Of N10.6bn    Leadership Newspapers Forte Oil Plc has posted an impressive growth in its profit before tax to N10.6 billion in the financial year ended December 31, 2017. The audited results released ... read more

Nigeria: African Petroleum Re-Brands, Now Forte Oil PLC

Wed, 29 Dec 2010 08:00:00 GMT — AllAfrica.com
Nigeria: African Petroleum Re-Brands, Now Forte Oil PLC    AllAfrica.com Shareholders of African Petroleum (AP) Plc yesterday overwhelmingly approved the change of name of the company to Forte Oil Plc. read more

Forte Oil reports N61.8 billion revenue in first half 2018

Tue, 07 Aug 2018 07:00:00 GMT — Premium Times
Forte Oil reports N61.8 billion revenue in first half 2018    Premium Times Forte Oil has announced a revenue of N61.8 billion for the half year ended June 30. Akin Akinfemiwa, the company's Chief Executive, said the revenue ... read more

Forte Oil says Otedola is not the owner of tanker that exploded

Fri, 29 Jun 2018 07:00:00 GMT — Pulse Nigeria
Forte Oil says Otedola is not the owner of tanker that exploded    Pulse Nigeria The company said the public should be more vigiliant regarding impersonation of the billionaire on the internet. read more

BREAKING: Femi Otedola 'Accepts' PDP's Offer To Run Against Ambode

Tue, 11 Sep 2018 07:00:00 GMT — SaharaReporters.com
BREAKING: Femi Otedola 'Accepts' PDP's Offer To Run Against Ambode    SaharaReporters.com According to Dele Momodu, Publisher of Ovation magazine, Otedola “personally confirmed” the news to him, meaning he will run against Akinwunmi Ambode, ... read more

Forte Oil expands business into solar energy

Thu, 14 Dec 2017 08:00:00 GMT — The Nation Newspaper
Forte Oil expands business into solar energy    The Nation Newspaper An integrated indigenous oil firm, Forte Oil Plc, has expanded operation into the renewable energy with the inauguration of its solar energy solution tagged ... read more

Stock market investors lose N78bn in bearish run

Mon, 24 Jun 2019 07:00:00 GMT — Vanguard
Stock market investors lose N78bn in bearish run    Vanguard Nigerian News - FOLLOWING the four days bear run on the Nigerian Stock Exchange, NSE, last week, investors lost N78 billion as market capitalisation d. read more

Investors lose N713bn in April as stock market tumbles

Wed, 01 May 2019 07:00:00 GMT — The Punch
Investors lose N713bn in April as stock market tumbles    The Punch Feyisayo Popoola Investors in the nation's stock market lost N713bn in April as the stock market declined further, recording a N135bn loss on Tues... read more

No Cause For Panic Over Fuel Scarcity, Oil Marketers Assure Nigerians

Sat, 13 Apr 2019 07:00:00 GMT — SaharaReporters.com
No Cause For Panic Over Fuel Scarcity, Oil Marketers Assure Nigerians    SaharaReporters.com Clement Isong, the Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), has assured Nigerians that there is no risk of possible fuel scarcity ... read more

Stock market drops slightly as 13 firms lose

Thu, 20 Sep 2018 07:00:00 GMT — Punchng
Stock market drops slightly as 13 firms lose    Punchng Feyisayo Popoola The Nigerian Stock Exchange All-Share Index dropped by 0.02 per cent at the close of trading on Wednesday after 13 stocks closed ... read more

Growing calls for reform of downstream oil sector

Thu, 24 Jan 2019 08:00:00 GMT — The Punch
Growing calls for reform of downstream oil sector    The Punch The downstream sector of the Nigerian oil and gas industry is in desperate need of reform as unresolved challenges continue to dampen private secto... read more

Forte Oil Expands Downstream Business With New Chevron Partnership

Sun, 20 May 2018 07:00:00 GMT — Leadership Newspaper
Forte Oil Expands Downstream Business With New Chevron Partnership    Leadership Newspaper Forte oil Plc has achieved another milestone in its desire to expand its downstream business in Nigeria. According to the company the collaboration with ... read more

Oil marketers are making losses, closing shop —MOMAN

Fri, 18 Jan 2019 08:00:00 GMT — The Punch
Oil marketers are making losses, closing shop —MOMAN    The Punch 'Femi Asu The Major Oil Marketers Association of Nigeria has said most oil marketing companies in the country are running at a loss, while many ha... read more

Forte Oil Plc raises N9bn 5year Fixed rate Bond

Fri, 18 Nov 2016 11:18:06 GMT — Proshare Nigeria Limited
Forte Oil Plc raises N9bn 5year Fixed rate Bond    Proshare Nigeria Limited Forte Oil Plc (The Company), a public liability company listed on the Nigerian Stock Exchange and a foremost integrated energy *service* provider, has ... read more

Femi Otedola shows off his girls

Fri, 12 Apr 2019 07:00:00 GMT — P.M. News
Femi Otedola shows off his girls    P.M. News Nigerian businessman, philanthropist, and chairman of Forte Oil PLC Femi Otedola celebrated his daughter Temi Otedola who recently turned 23. read more

Femi Otedola eulogizes late Dad

Mon, 06 May 2019 07:00:00 GMT — P.M. News
Femi Otedola eulogizes late Dad    P.M. News Nigerian businessman, philanthropist, and chairman of Forte Oil PLC Femi Otedola showers praises on his late dad Michael Otedola who was a major ... read more

Garde Capital Stake in Exxon Mobil (XOM) Has Lowered by $704640 as Shares Rose; Headinvest Has Decreased Its Position in Jpmorgan Chase (JPM) by $2.73 Million as Stock Price Rose

Fri, 19 Jul 2019 23:24:01 GMT — The InvestReporter
Garde Capital Stake in Exxon Mobil (XOM) Has Lowered by $704640 as Shares Rose; Headinvest Has Decreased Its Position in Jpmorgan Chase (JPM) by $2.73 Million as Stock Price Rose    The InvestReporter Garde Capital Inc decreased its stake in Exxon Mobil Corp (XOM) by 63.35% based on its latest 2019Q1 regulatory filing with the SEC. Garde Capital Inc sold ... read more

The Nigerian Downstream Oil and Gas Sector Update - In Dire Need of Complete Deregulation

Thu, 28 Feb 2019 08:00:00 GMT — Proshare Nigeria Limited
The Nigerian Downstream Oil and Gas Sector Update - In Dire Need of Complete Deregulation    Proshare Nigeria Limited The Nigerian downstream sector broadly categorised into the refining and marketing segments of petroleum products have continued to underperform despite ... read more

Nigerian billionaires offer great advice that will help you excel in your career

Thu, 22 Nov 2018 08:00:00 GMT — Pulse Nigeria
Nigerian billionaires offer great advice that will help you excel in your career    Pulse Nigeria Having the right advice could take you straight to the top. read more

Forte Oil unveils growth plans for sustainable operations

Mon, 12 Jun 2017 07:00:00 GMT — Guardian Nigeria
Forte Oil unveils growth plans for sustainable operations    Guardian Nigeria Forte Oil Plc, at the weekend, unveiled a strategic growth plan aimed at enhancing business profitability and increasing its market share in the industry. read more

Forte Oil launches Havoline engine oil back to Nigerian market

Mon, 14 May 2018 07:00:00 GMT — The Nigerian Voice
Forte Oil launches Havoline engine oil back to Nigerian market    The Nigerian Voice Indigenous oil giant, Forte Oil Plc., in partnerships with Chevron Lubricants on Thursday re-launched the Havoline engine oil to the Nigerian market. The. read more

Forte Oil, Chevron partner on Texaco – branded lubricants

Tue, 15 May 2018 07:00:00 GMT — Vanguard
Forte Oil, Chevron partner on Texaco – branded lubricants    Vanguard Forte Oil, a leading player in retail distribution of petroleum products in Nigeria has signed an agreement with Chevron Lubricants, Europe, Middle East and ... read more

Forte Oil raises N9bn from capital market via bonds issuance

Mon, 21 Nov 2016 08:00:00 GMT — Vanguard
Forte Oil raises N9bn from capital market via bonds issuance    Vanguard By Nkiruka Nnorom. FORTE Oil Plc has raised its N9 billion from the capital market to support its operation and drive its expansion strategy. The bond is a 5 year ... read more

These are the most followed Nigerian billionaires on Instagram and Twitter

Thu, 03 Jan 2019 08:00:00 GMT — Pulse Nigeria
These are the most followed Nigerian billionaires on Instagram and Twitter    Pulse Nigeria On Instagram, Femi Otedola leads the pack while Tony Elumelu rules the Twittersphere. read more

Senate flays FG for spending N11tn on subsidy in six years

Fri, 31 May 2019 07:00:00 GMT — The Punch
Senate flays FG for spending N11tn on subsidy in six years    The Punch approves additional N129bn subsidy payment to 67 marketers Sunday Aborisade, Abuja The Senate on Thursday flayed the payment of N11tn to oil m... read more

Groups justify Forte Oil divestment from upstream, Ghana businesses

Tue, 08 May 2018 07:00:00 GMT — Guardian Nigeria
Groups justify Forte Oil divestment from upstream, Ghana businesses    Guardian Nigeria That Forte Oil Plc went into a business area it had no core competence in and running out when it got its fingers burnt, is really not a problem for its shareholders, ... read more

Nigerian billionaires, Dangote and Otedola clamour for a stable political economy after presidential election

Tue, 26 Feb 2019 08:00:00 GMT — Pulse Nigeria
Nigerian billionaires, Dangote and Otedola clamour for a stable political economy after presidential election    Pulse Nigeria The two Nigerian billionaires commend the Independent National Electoral Commission (INEC) for conducting a peaceful election. read more

Forte Oil restrategises to grow market share

Wed, 09 Aug 2017 07:00:00 GMT — Guardian Nigeria
Forte Oil restrategises to grow market share    Guardian Nigeria Forte Oil Plc has unfolded plans to increase market share in the industry through the acquisition of strategic partnership and joint ventures for local refining of ... read more

Femi Otedola Biography, Net Worth, House, Cars, Children, Wife and Other Facts

Wed, 20 Jun 2018 16:16:37 GMT — BuzzNigeria.com
Femi Otedola Biography, Net Worth, House, Cars, Children, Wife and Other Facts    BuzzNigeria.com Read here about Femi Otedola, an entrepreneurial mogul and billionaire who is the chairman of Forte Oil Plc. He has chains of businesses all over the world. read more

Stock investors gain N372bn as market cap hits N13tn

Wed, 22 May 2019 07:00:00 GMT — The Punch
Stock investors gain N372bn as market cap hits N13tn    The Punch Feyisayo Popoola. Investors raked in a total of N372bn on Tuesday as the market capitalisation of listed equities on the Nigerian Stock Exchange increased to ... read more

Global Automotive Oil Market Size, Share, Key Development, Growth, Top Manufactures, Industry Report Forecast to 2026

Tue, 18 Jun 2019 05:22:50 GMT — PortNews24
Global Automotive Oil Market Size, Share, Key Development, Growth, Top Manufactures, Industry Report Forecast to 2026    PortNews24 Global “Automotive Oil Market” report (2019 – 2026) looking into the present-day market tendency related to the demand, supply, and sales with respect to ... read more

Otedola, other celebrities celebrate Dangote on his 62nd birthday

Wed, 10 Apr 2019 07:00:00 GMT — Pulse Nigeria
Otedola, other celebrities celebrate Dangote on his 62nd birthday    Pulse Nigeria Today Wednesday, April 10, 2019, Nigerian business magnate, investor, and owner of the Dangote Group, Aliko Dangote clocks 62. read more

Nigerian Mogul Femi Otedola Makes $398 Million In 90 Days

Tue, 03 Jun 2014 07:00:00 GMT — Forbes
Nigerian Mogul Femi Otedola Makes $398 Million In 90 Days    Forbes Nigerian energy mogul Femi Otedola has become at least $398 million richer between March 3 and June 2 as shares of Forte Oil PLC, a Nigerian Stock ... read more

MOMAN elects Forte Oil Plc GCEO, Akin Akinfemiwa as Chairman

Mon, 07 Mar 2016 08:00:00 GMT — Vanguard
MOMAN elects Forte Oil Plc GCEO, Akin Akinfemiwa as Chairman    Vanguard Group Chief Executive Officer of Forte Oil Plc, Mr. Akin Akinfemiwa, has been elected chairman, Major Oil Marketers Association of Nigeria, MOMAN. MOMAN is ... read more

Investors lose N302bn as RT Briscoe, MTN, 17 others dip

Tue, 28 May 2019 07:00:00 GMT — The Punch
Investors lose N302bn as RT Briscoe, MTN, 17 others dip    The Punch 'Femi Asu Investors in the nation's stock market lost N320bn in value on Monday as 17 firms recorded price depreciation on the back of sell-off in... read more

Despite Blowing Whistle On Subsidy Scam, Lawmaker Demanded Bribe – Otedola

Sun, 25 Nov 2018 08:00:00 GMT — Leadership Newspaper
Despite Blowing Whistle On Subsidy Scam, Lawmaker Demanded Bribe – Otedola    Leadership Newspaper Chairman , Forte Oil and billionaire businessman, Femi Otedola, has revealed he alerted former -President Goodluck Jonathan about subsidy scam as well as ... read more

Banky W Pictured With Femi Otedola

Fri, 22 Feb 2019 08:00:00 GMT — P.M. News
Banky W Pictured With Femi Otedola    P.M. News Getting words of encouragement and advice from those ahead of you before going into endeavour cannot be over emphasized. read more

Vodacom Group is selling its subsidiaries in 5 African countries

Sat, 22 Jun 2019 07:00:00 GMT — Pulse Nigeria
Vodacom Group is selling its subsidiaries in 5 African countries    Pulse Nigeria Vodacom Group is selling units in Nigeria, Zambia, Angola, Ghana, and Cote d'Ivoire. Business Insider SSA understands that Synergy Communications will buy ... read more

Otedola shares throwback photo of self, Kola Abiola in primary school

Fri, 18 Jan 2019 08:00:00 GMT — TheCable
Otedola shares throwback photo of self, Kola Abiola in primary school    TheCable Femi Otedola, chairman, Forte Oil plc and Kola Abiola, eldest son of MKO Abiola go back a long way– apparently as far back as 48 years. In a throwback ... read more

Billionaire Femi Otedola honors promise, donates N35m to save life of veteran actor Victor Olaotan

Sat, 16 Feb 2019 08:00:00 GMT — GhanaWeb
Billionaire Femi Otedola honors promise, donates N35m to save life of veteran actor Victor Olaotan    GhanaWeb Businessman, philanthropist and Chairman of Forte Oil PLC Femi Otedola has fulfilled his promise to assist veteran actor Victor Olaotan with financial support for ... read more

Nigeria Lubricants Market is Expected to Grow at a Healthy CAGR and is Expected to Reach Over NGN 405 Billion: Ken Research

Mon, 29 Oct 2018 07:00:00 GMT — PR Newswire
Nigeria Lubricants Market is Expected to Grow at a Healthy CAGR and is Expected to Reach Over NGN 405 Billion: Ken Research    PR Newswire GURUGRAM, India, October 29, 2018 /PRNewswire/ -- October 2018 |Nigeria News The changes in consumer preference towards high quality synthetic ... read more

Forte Oil to raise capacity of Geregu Power Plant to 435Mw

Mon, 21 Dec 2015 08:00:00 GMT — Vanguard
Forte Oil to raise capacity of Geregu Power Plant to 435Mw    Vanguard targets N11.09bn profit after tax in 2016. By Nkiruka Nnorom. Forte Oil Plc said it plans to grow its profit after tax for the financial year ended December 2016 to ... read more

As Pepsico (PEP) Stock Rose, Holder Los Angeles Capital Management & Equity Research Lowered Its Position by $36.97 Million; Carnival F (CCL) Shareholder Regent Investment Management Has Increased Holding by $326,250 as Share Price Declined

Sun, 21 Jul 2019 18:19:12 GMT — The EN Herald
As Pepsico (PEP) Stock Rose, Holder Los Angeles Capital Management & Equity Research Lowered Its Position by $36.97 Million; Carnival F (CCL) Shareholder Regent Investment Management Has Increased Holding by $326,250 as Share Price Declined    The EN Herald Los Angeles Capital Management & Equity Research Inc decreased its stake in Pepsico Inc (PEP) by 30.97% based on its latest 2019Q1 regulatory filing with ... read more

Nigerian Billionaire Femi Otedola Loses $400 Million In 9 Weeks

Tue, 03 May 2016 07:00:00 GMT — Forbes
Nigerian Billionaire Femi Otedola Loses $400 Million In 9 Weeks    Forbes Nigerian billionaire Femi Otedola has lost more than $400 million of his personal fortune over the last 9 weeks as the stock price of Forte Oil, the Nigerian-listed ... read more

Nigeria’s first hospital gets orphanage centre

Mon, 29 Apr 2019 07:00:00 GMT — Guardian
Nigeria’s first hospital gets orphanage centre    Guardian The late Most Supreme Apostle Matthew Omodayo Owotuga Foundation has unveiled an orphanage at the Sacred Heart Hospital, Lantoro, Abeokuta, Nigeria's ... read more

Geregu Power Plant: Forte Oil, Others Invest $94 Million

Thu, 14 Dec 2017 08:00:00 GMT — The Nigerian Voice
Geregu Power Plant: Forte Oil, Others Invest $94 Million    The Nigerian Voice The Forte Oil PLC and new owners of the Geregu Power Plant in Kogi State have invested $94 million in the plant targeting to raise its generation capacity f. read more

Forte oil, others invest $94m in Geregu power plant

Tue, 12 Dec 2017 08:00:00 GMT — Vanguard
Forte oil, others invest $94m in Geregu power plant    Vanguard By Chris Ochayi ABUJA – The Forte Oil PLC and new owners of the Geregu Power Plant in Kogi State have invested $94 million in the plant targeting to raise its ... read more