Tag Archives: Power

Forte Oil plans to raise N100bn for expansion

Forte Oil Plc is to raise N100 billion fresh capital  to expand its operations within Nigeria.  Consequently, the directors of the company are seeking the approval of shareholders at the forthcoming annual general meeting  to raise the funds, ThisDay reports. According to the company,  the N100 billion could be raise through a rights issue, bond…
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Akwa Ibom youths shut down Seven Energy offices

Hundreds of aggrieved youths embarked on protests at the head office of Seven Energy, a gas firm, against perceived deplorable services of the company to the people of Ikot-Abasi Local Government Area of Akwa Ibom State, Vanguard reports. The protesters accused Accugas, a subsidiary of Seven Energy, of being insensitive to the plight of the people…
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