Nigerian oil magnate Gabriel Ogbechie’s Eterna launches $14.9 million rights issue
Eterna launches a $14.9 million rights issue as Gabriel Ogbochie moves to strengthen the company’s finances and expand operations.
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Eterna launches a $14.9 million rights issue as Gabriel Ogbochie moves to strengthen the company’s finances and expand operations.
Richemont, controlled by South Africa’s Johann Rupert, posted $12.3 billion in half-year sales as strong jewelry demand and solid retail gains lifted results.
In just two months, his holdings have lost N10.16 billion ($6.32 million) due to the recent decline in stock price.
Nigerian oil magnate solidifies his position among the country’s richest investors.