"I Quit" - Billionaire Femi Otedola Dumps Forte Oil As he Seeks New Challenge

Published 4 weeks ago by: kaygee
at 03:59 PM, 19/06/2019 (4 weeks ago)

(4171 | Gistmaniac) Online (m)

Billionaire businessman, Femi Otedola has announced his exit from Forte Oil. This comes months after he informed the public that he would sell his shares to Prudent Energy, a local oil trading firm. Otedola, who was the Chairman and majority shareholder of Forte Oil Plc until recently, revealed on Instagram that he has sold his 75% stake in the oil marketing company and will now focus on his power generation business, Geregu Power Plc. He went on to wish his successors at Forte Oil "the very best"

Problem with this article? Please contact us

Baye77 at 04:53 PM, 19/06/2019 (4 weeks ago)
(2891 | Gistmaniac) (m)

Wish u all the best...
Oil...Power...crazy money in them...
sola20 at 05:22 PM, 19/06/2019 (4 weeks ago)
(14 | Newbie) (m)

When you good money ...its easier to try new ventures. I wish him well


  1. james987 on: Nigerians Come After 2face For Endorsing Post That Criticized The Bible
    Sometimes I do listen to their music but truth is,the quest for fame,the price is high. You must den... 3 mins ago
  2. Henrybobo on: Check Out The Most Expensive Toilet Paper Made From 22-carat Gold, Worth $1.3M (Photo)
    Lol.. and people would actually buy these... 29 mins ago
  3. Henrybobo on: Uganda Set To Issue Birth Certificates To Cows
    nawa o... Give goats, mosquitoes, chicken and the rest too.  Mumu people... 33 mins ago
  4. Henrybobo on: Sad! Nigerian Man Dies Few Moment He Graduates After He Received News Of Sudden Death Of His Mot
    Village people... 35 mins ago
  5. Henrybobo on: 994 Nigerians Deported From Ghana In 18 Months —FG
    Ghana don get levels pass una.. ... 38 mins ago