OTEDOLA EXITS FORTE OIL PLC

OTEDOLA EXITS FORTE OIL PLC

Otedola sells Forte Oil Plc and focuses on Geregu Power Plc Nigerian billionaire who was the Chairman and majority shareholder in Forte Oil Plc, Mr. Femi Otedola, recently sold his entire 75% shareholding in the company. The former Chairman of Forte Oil Plc, Mr. Otedaola had earlier announced in December 2018, plans to divest his entire 75% stake. The transaction was however completed on Wednesday (19th June, 2019); as Ignite Investments and Commodities Limited, led…

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