
Gabriel Ogbechie’s Eterna stake declines by $6.3 million
In just two months, his holdings have lost N10.16 billion ($6.32 million) due to the recent decline in stock price.
In just two months, his holdings have lost N10.16 billion ($6.32 million) due to the recent decline in stock price.
The gain comes amid economic headwinds, including a 41.5 percent devaluation of the naira after the Central Bank of Nigeria liberalized exchange rates.
Nigerian oil magnate solidifies his position among the country’s richest investors.
This strategic initiative represents a substantial expansion in the company’s aviation fuel services portfolio.
The hotel, valued at several millions of dollars, is located directly across from Delta Mall Asaba.
Rainoil is a key player in Nigeria’s oil industry.
Founded in 1997, Rainoil is a prominent player in the Nigerian oil industry.