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Whistle Blowers Nigeria

Best Source of Breaking News in Nigeria

Forte Oil rallies to 5-month high on acquisition rumour

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Forte Oil (FO) Plc, a Nigerian indigenous Oil and Gas company, rose to the highest in five months on rumours that it is the subject of an acquisition move. The stock rose 8 percent to N30.75 per share in Lagos trading by 11:57. A close at this price will be its highest in five months….

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