Otedola exits Forte Oil shares in N64.3bn off-market deals

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The share price of Forte Oil plc reached a new high on Wednesday, June 19, 2019 driven by record off-market trading as Nigeria’s billionaire businessman, Femi Otedola, completed the sale of his stake in the oil and gas company. A total of 970,166,694 units of Forte Oil plc were done as off-market trades at N66.25…

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