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    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

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Eterna Plc appoints Benjamin Nwaezeigwe as the Acting MD/CEO

Thursday, 14 April 2022, 9:07 pm
in Business, Companies
0
Substantial shareholders are divesting from Eterna Plc, share price jumps 10%
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Eterna Plc on Thursday informed the Nigerian Exchange and the investing public that the Board of Directors of the company has appointed Mr. Benjamin Nwaezeigwe as the Acting Managing Director/Chief Executive Officer effective 17 th April 2022.

Mr. Benjamin succeeds Mr. Nnamdi Obiagwu who recently resigned from the Company.

Mr. Nwaezeigwe is currently the Executive Director/Chief Operating Officer of the Company and brings almost two decades of experience from different sectors of the economy with a specific bias for Oil & Gas, according to the document published on the Nigerian Exchange.

“He worked at Rainoil Limited and rose to the position of Deputy General Manager in charge of the Group’s operations and overseeing trading and marine activities and the operation of 3 (three) petroleum products storage depots.

“Prior to joining Eterna Plc as the Chief Operating Officer in December 2021, he founded BHR International Ventures Limited (BHR), a privately owned indigenous downstream company in Nigeria and was its former Chief Executive Officer.

 “He holds a Bachelor of Science degree in Industrial Chemistry from Ambrose Ali University, as well an MBA in Production and Operation Management from Lagos State University, Lagos. He has attended capacity building training programs offered by reputable institutions in and outside Nigeria.

The share price of Eterna Plc closed flat at N5.00 per share on Thursday. It remains unchanged since April 1, 2022.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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