Oil and gas firm, Ardova Plc (formerly Forte Oil Plc), has reported a 520% increase in its after-tax profit for Full Year 2019. This and other details...
Last week, the Nigeria Stock Exchange (NSE) three days of bullish reign and two intervening bearish days on Wednesday and Thursday. The market rallied on Friday,...
All things being equal, the sweeping corporate transformation process that saw Femi Otedola-led Forte Oil PLC lose ownership to new investors some five months ago will...
Oil downstream sector operator, Forte Oil has reported an impressive Q3 2019 earnings with profit after tax up by a whopping 1,408%. Forte Oil, whose financial...
In what may come as a surprise to many, billionaire businessman, Femi Otedola revealed that he has sold his interests in Forte Oil. Otedola made the...
The Chairman of Forte Oil Plc, Femi Otedola, has announced his decision to sell all his shares in the downstream business of the firm as he...
Following two consecutive weeks of gains recorded on the floor of the Nigerian Stock Exchange (NSE), the stock market this week closed on a bearish note,...
Forte Oil Plc, a major marketer of refined petroleum products is one the companies that recorded the highest profit growth for the 2017 financial year. The...
It is the best in more than three years for the Nigerian investors. Nigerian equities on Tuesday rallied to a 37-month high as average year-to-date return...
After rallying net capital gain of N520 billion in November, Nigerian equities came under sell pressure induced by profit-taking in the first trading session of December,...
What looks like a healthy rivalry may soon come to play in Nigeria’s downstream oil and gas sub sector, as an indigenous oil major, Forte Oil,...
The running profit-taking trend that started this week at the Nigerian stock market widened on Tuesday, depressing the overall market performance for the second consecutive trading...
Nigerian equities suffered a relapse on Wednesday in what appeared to be a continuation of the topsy-turvy pricing trend that has dominated the market this week....
Nigerian equities opened this week on a positive note as increased bargain-hunting spurred the market to a net capital gain of N42 billion. Investors showed improved...
