Billionaire Femi Otedola To Part Ways With Forte Oil

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 entitled ‘notification of divestment by the majority shareholder in the downstream business operations,’ reads, “Forte Oil Plc hereby notifies the Nigerian Stock Exchange via IFTTT