Eterna Plc, one of Nigeria’s leading integrated energy companies, has finalised arrangements for a rights issue of 978,108,485 ordinary shares at N22.00 per share, expected to raise approximately N21.52 bn. The capital raise is designed to strengthen the company’s balance sheet and support strategic expansion across its business segments.
The formal signing ceremony for the rights issue was held on Tuesday, 2 December 2025, marking a major…
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