Eterna Plc has notified the Nigerian Exchange Limited and the investing public that its Board of Directors has appointed Mr. Benjamin Nwaezeigwe as the Substantive Managing Director/Chief Executive Officer of Eterna Plc effective 1st August 2022. Mr. Nwaezeigwe was the Acting Managing Director/Chief Executive Officer of the Company, a role he occupied since 17th April 2022 till […]
Nigerian stock market on Thursday declined as MTN Nigerian and other 14 stocks shed weights The All Share Index dropped by 0.12% to close at 50,014.60 points from the previous close of 50,075.47 points. The Market Capitalisation declined by 0.12% to close at N26.976 trillion from the previous close of N27.009 trillion, thereby shedding N33 billion. An[…]
President Buhari has reversed his authorisation for the acquisition of the entire share capital of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited. The move puts the Presidency on the side of the Nigerian National Petroleum Company Limited which declined the $1.3bn transaction. On Monday, a statement by the Special Adviser to the President on Media[…]