Nigeria’s Forte Oil to raise up to $503M to fund expansion

Nigeria’s Forte Oil to raise up to $503M to fund expansion
01 April 2016, Lagos — Nigeria’s Forte Oil said it plans to raise up to 100 billion Naira ($503 million) to expand its operations in the country, Africa’s biggest economy, and will seek shareholder approval at its annual general meeting on April 26. The company may raise the funds through a rights issue, bond or […] More »
Nigeria’s Forte Oil to raise up to $503M to fund expansion Nigeria’s Forte Oil to raise up to $503M to fund expansion Reviewed by Crude Oil Facilitators on 15:49 Rating: 5

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