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Dangote Cement, Forte oil buoy NSE’s indices by N66 billion
Transactions in the equities sector of the Nigerian Stock Exchange (NSE) re-opened on a bullish note yesterday, occasioned by price gains recorded by major highly capitalised stocks...
Forte Oil, Cadbury, others lift NSE’s indices by N24b
Following heavy price gains recorded by major highly capitalised stocks, especially Forte oil and Cadbury, equity transactions on the Nigerian Stock Exchange (NSE) closed high on Friday, as market capitalisation appreciated by N24 billion.
Forte Oil restrategises to grow market share
Forte Oil Plc has unfolded plans to increase market share in the industry through the acquisition of strategic partnership and joint ventures for local refining of petroleum products.
Neimeth, Forte oil, others enhance NSE’s indices by 2.47%
Neimeth International Pharmaceutical closed higher at the end of transactions on Friday, at the trading floor of the Nigerian Stock Exchange. It led others with 24.62 per cent to close at N0.81 per share.
Forte Oil unveils growth plans for sustainable operations
Forte Oil Plc, at the weekend, unveiled a strategic growth plan aimed at enhancing business profitability and increasing its market share in the industry.
FMDQ admits Forte Oil’s 9 billion bond on platform
FMDQ OTC Securities Exchange has admitted Forte Oil Plc’s ₦9.00 billion series 1, 17.50% fixed rate unsecured bond under the ₦50.00 billion issuance programme on its platform.
NSE indices up by 0.44%, turnover 232.43%
Activities on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a positive note, with the turnover volume appreciating by 232.43 per cent, while market indices grew by 0.44 per cent.
Forte Oil emerges worst performing stock in 2016
Forte Oil Plc. has emerged the worst performing stock in 2016 in percentage terms having dropped by 74.42 per cent, the News Agency of Nigeria (NAN), reports.
Vervelde becomes Forte Oil non-executive director
13 Dec 2016
Vervelde is the Managing Director and Chief Executive Officer of the Nigerian Breweries Plc. He is a board member of the Nigerian Economic Summit Group and also sits on the advisory board of the Lagos Business School.
Forte Oil leads gainers, financial stocks lift turnover by N10.6 billion
12 Dec 2016
Forte Oil traded higher at the end of last week’s transactions on the Nigerian Stock Exchange, leading nine others with 62.78 per cent to close at N106.23 per share.
Forte Oil perfects N9bn five-year fixed rate bond
19 Nov 2016
Forte Oil Plc, a foremost-integrated energy service provider, has successfully completed its N9 billion series one debt issue.
Forte Oil restates commitment to N11 billion PBT target
3 Aug 2016
Forte Oil Plc has reiterated its resolve to hit N11 billion target in Profit Before Tax (PBT) for 2016, even as the firm is currently projecting a market share of 20 per cent in short to medium term basis.