Tag
ETERNA OIL
Eterna Oil recently released its Q2 2024 results, and the numbers appear not what investors might have hoped for.
Eterna Oil has recently released its unaudited Q4/2023 results, revealing a Q4 loss after tax of N5.38 billion, significantly below the projected profit after tax of N309 million.
Just three months following the "subsidy has been removed" directive and the unification of the exchange rate, businesses, sectors, industries, and the Nigerian populace have been actively grappling with the consequences and challenges that have arisen.
There are plans by a Nigerian oil company, Eterna Plc to increase the number of its petrol stations in Nigeria, with intention to make some assets acquisition before 2025, which will boost the company's operation within the country.
Stocks on our Buy/Sell/Hold list are drawn from the top losers and gainers of the prior week.
NSE suffered its biggest fall this week as the All-Share Index closed at 35,446.47 basis points.