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Two motorcyclists were on Friday night crushed to death in an accident involving two motorcycles and a Leyland truck opposite Forte Oil filling station around Kotopo on the Abeokuta-Ibadan road.
The Nigerian Stock Exchange (NSE) rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session.
Days after pledging to support the fight against Coronavirus in Nigeria, Nigerian billionaire, philanthropist, and former chairman of Forte Oil PLC, Femi Otedola has redeemed his pledge.
The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking.
Mr Idowu Jimoh, an official of the Public Complaint Commission (PCC), urged the Department of Petroleum Resources (DPR) to extend its visit to Badagry so as to check selling of petrol into jerrycans which was rampant in the area.
The Nigerian Stock Exchange market capitalisation on Wednesday shed N130 billion in about six hours of trading.
The Federal Government has begun a clampdown on illegal gas plants and roadside retailers of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, an official said.
Investors on the Nigerian Stock Exchange (NSE) on Wednesday reacted positively to the inauguration and assignment of ministers to various portfolios by President Muhammadu Buhari.
International Breweries (IB), Linkage Assurance and Forte Oil emerged worst performing stocks in percentage terms on the Nigerian Stock Exchange (NSE) in July.
Activities on the Nigerian Stock Exchange (NSE) returned to bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to drop by N69 billion.
The women of Sapele Okpe Community and Sapele Okpe Community Land Trust Association, Delta State, have grounded activities at Forte Oil Nigeria Limited, Sapele branch over what they called “non-payment of entitlements owed the community’s Land Trust Association.”
Some shareholders of Forte Oil (FO) Plc on Tuesday tasked the new management of the company on continuous payment of dividend and adherence to good corporate governance.
A Nigerian businessman and billionaire, Femi Otedola, has disclosed plans to shift his focus to power generation.
The Democratic Republic of Congo announced a "state of siege" late Friday in two provinces in the east of the country wracked by violence from armed groups and civilian massacres.
The Medical and Dental Council of Nigeria (MDCN), has approved clinical accreditation for the Bachelor of Medicine; Bachelor of Medicine (MBBS) programme for Edo State University, Uzairue.
Veteran Nollywood actor, Bolaji Amusan aka as Mr. Latin has stated why one of his colleagues, Olanrewaju James alias Baba Ijesha cannot be banned from Theatre Arts and Motion Pictures Practitioners Association of Nigeria (TAMPPAN).
The risk of COVID-19 resurgence remains high in several African countries owing to poor adherence to public health measures, including mass gatherings, low testing and vaccination rates, an analysis by the World Health Organization (WHO) has shown.
The Minister of Power, Engr. Sale Mamman, has dismissed rumours of a major hike in electricity tariff, clarifying there is no plan to significantly raise tariff.
Governors and traditional rulers in the southwest have been called upon to make sacrifices to ward off invaders that have the intention of disrupting the peace and harmony in Yorubaland.
President Biden on Saturday recognized the mass killings of Armenians more than a century ago as genocide, signaling a willingness to test an increasingly frayed relationship with Turkey, long a key regional ally and an important partner within NATO.
Juventus coach Andrea Pirlo insisted on Saturday that his team did not fear UEFA sanctions over the failed Super League project, designed to supplant the Champions League.
The All Progressives Congress APC Advocates Forum has weighed in on the controversy surrounding past extremist views held by the Minister of Communications and Digital Economy, Sheikh Isa Ali Pantami, saying like the biblical Apostle Paul who got converted on his way to Damascus, the minister should be judged based on his track record of service and not his past.
Shareholders of Nigerian Breweries Plc, Nigeria’s foremost brewer has approved the dividend payout of N7.52 billion for the 2020 financial year. The approval was given at the 75th Annual General Meeting of the company held at MUSON Centre in Lagos on Thursday, April 22, 2021, even as the company assured the shareholders of its commitment to continually improve the return on their investments.