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Crime

Forte Oil Announces Name Change to ARDOVA Plc

December 18, 2019/NSE Pursuant to the post-listing requirements of The Nigerian Stock Exchange (The NSE) for quoted companies, Forte Oil Plc (the Company) hereby notifies...

Capital

Forte Oil Plc: Acceptance of Takeover Offer for 500,000 Forte Oil Shares

November 7, 2019 By United Capital Research Following the recent announcement by Ignite Investments and Commodities Limited to offer up to 500,000 ordinary...

Capital

Forte Oil Says Proposed Take Over by Ignite Investment and Commodities Ltd Yet to Secure Regulatory Approval

August 30, 2019/NSE This is to clarify to shareholders of Forte Oil Plc (“Forte Oil” or the “Company”) that the Proposed Offer by...

CapitalEnergy

Forte Oil Plc to Divest from Its Power and Upstream Businesses

May 6, 2019/Cowry Asset On Friday, May 3, 2019, Forte Oil Plc (hereafter referred to as “the Company”) notified the Nigerian Stock Exchange,...

Judiciary

Court directs Forte Oil Plc to pay ex-staff N6.2m gratuity

The National Industrial Court, Abuja, on Thursday converted a summary dismissal of a staff of Forte Oil Plc to termination and ordered the...

CapitalEnergy

Forte Oil Plc: PBT Constrained Despite Fuel Availability

April 3, 2019/InvestmentOne Report ·         Improved Topline Performance of N39.89 billion, up 20.9% q/q; 120.0% y/y. ·         Declining gross profit margin of 7.2%, down 122bps...

Energy

Mixed Ractions Trail Otedola’s Move Yo Buyout Forte Oil Upstream, Power firm

Shareholders and Capital Market Operators on Thursday expressed mixed reactions to moves by Mr Femi Otedola, Forte Oil Plc Chairman to buy out...

Capital

Shareholders Approve Forte Oil’s Divestment Plan From Subsidiaries

  May 23, 2018/Proshare WebTV Shareholders today approved the divestment plan of Forte Oil Plc from its subsidiaries, as part of its restructuring...

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