Femi Otedola Rakes In $200m From Sale Of 17% Forte Oil

Shares Billionaire Femi Otedola’s just earned a major yield.

Information filtering in revealed that quiet money maker just earned some $200m.

The earning came from the sales of the shares of his company , Forte Oil.

Information filtering in revealed that Otedola has sold 17% stake of his Forte Oil plc to Mercurial, a swill privately held international commodity trading company.

Added information available to societynowng.co revealed that the acquirer if the 17% stake in Forte Oil is listed as the world’s third largest independent energy Femi Otedola

traders and asset operators with tentacles in a wide range of global energy markets including crude oil and refined petroleum products, natural gas (including LNG), power, coal, biodiesel, carbon emissions, base metals and agricultural products

The shares sold are said to be defined as consist of ordinary shares held by Femi Ootedola and Zenon Oil.

The transaction being touted a landmark deal is said to have secured the approval of all relevant authorities.

This development greatly boosts the frontiers and operations of Forte Oil.