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Nairaland Forum / Nairaland / General / Business / Billionaire Femi Otedola Sells Forte Oil, Exits Fuel Business (353 Views)
Breaking: Femi Otedola Leaves Forte Oil As Chairman / Billionaire Femi Otedola Sells Forte Oil, Exits Fuel Business / See The Dilapidated Road That Femi Otedola's Forte Oil Rehabilitated In Lekki (2) (3) (4)
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Billionaire Femi Otedola Sells Forte Oil, Exits Fuel Business by collinzjay(m): 8:14pm On Jun 19, 2019 |
The Chairman of Forte Oil Plc, Femi Otedola, has announced that they have sold all shares in the firm’s downstream business, to focus and consolidate on the gains of their power generation business, Geregu Power Plc. This is coming more than three years after the firm sold 17 percent of its equity to a Swiss oil trading firm. The billionaire businessman disclosed this on his Instagram page today, June 19th. https://gistcorner.com/billionaire-femi-otedola-exits-fuel-business-and-focus-on-power-generation-business/
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Re: Billionaire Femi Otedola Sells Forte Oil, Exits Fuel Business by Lagosfinder(m): 8:35pm On Jun 19, 2019 |
Crude oil we soon be irrelevant. Wise move 1 Like |
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