Eterna Launches N21.52bn Rights Issue to Boost Operations

Eterna (NGX: ETERNA), a Nigerian company, is embarking on a significant financial move by launching a rights issue valued at N21.52 billion. This strategic decision aims to raise capital for the company's operations and expansion plans in the Nigerian market.

Eterna's move reflects its commitment to strengthening its position in the oil and gas sector in Nigeria. The rights issue is expected to attract investors and boost Eterna's financial standing in the industry.