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Nigerian Mogul Femi Otedola No Longer A Billionaire As Forte Oil Shares Fizzle

Nigerian businessman Femi Otedola's net worth has plunged from $1.8 Billion to $550 Million following a massive drop in the stock price of Forte Oil, the Nigerian Stock Exchange-listed petroleum marketing company
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Nigerian Billionaire Femi Otedola Crashes Price Of Kerosene To 25 Cents Per Litre

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Nigerian billionaire oil magnate Femi Otedola has crashed the price of House Hold Kerosene (HHK) in the country.

Mercuria Acquires 17% Stake In Nigeria's Forte Oil For $200 Million

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Forte Oil Of Nigeria To Raise $500 Million To Fund Expansion

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Nigerian Billionaire Femi Otedola Loses $400 Million In 9 Weeks

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Nigerian billionaire Femi Otedola has lost more than $400 million of his personal fortune over the last 9 weeks as the stock price of Forte Oil, the Nigerian-listed energy behemoth he controls, shed off 43.5% in value within that pe...

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Forte Oil, Nigeria’s largest petroleum marketing company which is majority-owned by billionaire Femi Otedola, has signed an $83 million contract with Siemens to upgrade its 414-megawatt gas-fired power plant situated in Kogi State i...

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