Tag Archives: Forte oil

How Former Governor Ibikunle Amosun Used Front, Wasiu Sowami, To Buy Forte Oil

How Former Governor Ibikunle Amosun Used Front, Wasiu Sowami, To Buy Forte Oil

Since his surprise buy over of billionaire Femi Otedola’s 75percent direct and indirect shareholding in Forte Oil’s downstream business, there had been a groundswell of speculations that the new owner, Alhaji Abdulwasiu Sowami, the managing director of Prudent Energy and

Breaking: Otedola Sells off Stake in Forte Oil

Business mogul, Femi Otedola, has sold off his 75 per cent stake in Forte Oil. The billionaire businessman hinted in 2018 the plan to sell off his 75 percent stake to “maximise the opportunities in refining”. In a message he

BREAKING: Femi Otedola Dumps Forte Oil, Set To Sell His 75% Shares [Document Attached]

Nigerian billionaire businessman, Femi Otedola is set to sell his 75 per cent direct and indirect shareholdings in Forte Oil. This was revealed by the Nigerian Stock Exchange in a statement on its website on Monday. The statement was signed

Alleged Bribe: Otedola to testify Against Farouk Lawan

Billionaire businessman, Mr. Femi Otedola, has been scheduled to appear as a prosecution witness before a Federal Capital Territory High Court in Lugbe, Abuja, in the ongoing trial of a former Chairman, House of Representatives Ad-hoc Committee on Fuel Subsidy,