Eterna Plc has commenced its rights issue of 978,108,485 ordinary shares at N22 per share to existing shareholders in a bid to raise new capital to fund operations.
The rights issue is based on three (3) new ordinary shares for every four (4) existing shares held as of November 27, 2025.
The o
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Moyosore Adesina
Moyosore Adesina is a financial journalist with interests spanning across financial reporting, insurance, manufacturing sectors, fintech, and capital markets. She simplifies financial data and transform them into compelling stories that help investors and businesses make informed decisions.
With a background in accounting and hands-on experience in financial analysis, she specialises in breaking down corporate earnings, industry trends, and economic indicators for readers.