Forte Oil targets N50bn fresh capital

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FORTE Oil Plc, Nigerian downstream player has confirmed its readiness to raise N50 billion debt capital before the end of 2016 financial year. The Group Chief Executive Officer of the company, Mr. Akin Akinfemiwa, said at its ‘facts behind the figures’ on the floor of Nigerian Stock Exchange, NSE, that a capital raising programme had

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Source:: Nigerian Pilot