Eterna Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Jude Nwaulune
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | 3.1yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Narrative Update • Jun 04
Eterna Plc Intensifies Retail Expansion and Business Diversification Strategy
Author: Qudus Adebara(Research Analyst, DLM securities) Eterna Plc has reaffirmed its commitment to expanding its downstream footprint and diversifying its operations following resolutions reached at its 33rd Annual General Meeting (AGM), positioning the company for long-term growth within Nigeria’s evolving energy sector. As part of its medium-term strategy, the company plans to significantly strengthen its retail and operational infrastructure through targeted investments across its fuel retail network, aviation operations, lubricants business, and Liquefied Petroleum Gas (LPG) segment.Narrative Update • May 21
Eterna Plc Reports Strong Q1 2026 Earnings Recovery Driven by Improved Margins and Debt Reduction
Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Eterna Plc delivered a significantly improved financial performance for the quarter ended 31 March 2026, supported by stronger gross margins, reduced financing pressure, and improved working capital efficiency despite a slight decline in revenue. Revenue declined marginally by 3.8% YoY to ₦70.51 billion from ₦73.27 billion in Q1 2025, largely reflecting lower lubricant sales.Narrative Update • May 19
Eterna Plc Delivers Improved FY 2025 Profit Despite Margin Compression and Working Capital Pressure
Analyst: Qudus Adebara (DLM Securities, Research Analyst) Executive Summary Eterna Plc recorded improved bottom-line performance for the year ended 31 December 2025, despite revenue contraction and significant gross margin compression. Revenue declined by 3.5% YoY to ₦302.52 billion , largely due to softer fuel sales.Narrative Update • Feb 25
Eterna Plc – Modest Profitability Amid Lower Revenue in 9M 2025
Analyst: Qudus Adebara Executive Summary Eterna Plc delivered a modest performance for the nine months ended September 30, 2025, amid softer revenue and ongoing cost pressures. The Group reported revenue of ₦212.84 billion , a decline of 9% YoY from ₦233.75 billion in 9M 2024, driven largely by lower sales volumes across key product lines.Narrative Update • Dec 11
Eterna Plc’s Rights Issue: Strengthening Logistics Backbone, Deepening LPG Penetration & Scaling Aviation Fueling Capacity
Eterna Plc’s decision to launch a ₦21.52 billion Rights Issue, Under the approved structure, existing shareholders will receive three (3) new shares for every four (4) shares held as of the November 27, 2025 qualification date. The offer opens on January 12, 2026 and closes on February 18, 2026 with current outstanding shares.Narrative Update • Nov 02
Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth
Eterna Plc Calls for Targeted LPG Investment to Accelerate Clean Energy Transition Overview At the 2025 NAEC Energy Conference themed “Nigeria’s Energy Future: Exploring Opportunities and Addressing Risks for Sustainable Growth,” the Managing Director of Eterna Plc, Mr. Olumide Adeosun, called for targeted investments in the liquefied petroleum gas (LPG) value chain to expand access and accelerate the adoption of clean cooking across Nigeria. While compressed natural gas (CNG) has gained significant government and private sector attention as a cleaner fuel alternative for transportation, Adeosun cautioned that LPG adoption has stagnated, undermining Nigeria’s energy transition and public health goals.Narrative Update • Oct 17
Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth
Eterna Plc Calls for Targeted LPG Investment to Accelerate Clean Energy Transition Overview At the 2025 NAEC Energy Conference themed “Nigeria’s Energy Future: Exploring Opportunities and Addressing Risks for Sustainable Growth,” the Managing Director of Eterna Plc, Mr. Olumide Adeosun, called for targeted investments in the liquefied petroleum gas (LPG) value chain to expand access and accelerate the adoption of clean cooking across Nigeria. While compressed natural gas (CNG) has gained significant government and private sector attention as a cleaner fuel alternative for transportation, Adeosun cautioned that LPG adoption has stagnated, undermining Nigeria’s energy transition and public health goals.Narrative Update • Aug 05
Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth
Eterna Plc: Sustains Profitability Amid Sector Headwinds, Driven by Strategic Agility Eterna Plc has delivered a solid turnaround in H1 2025 , reporting a ₦1.57 billion pre-tax profit compared to a ₦3.57 billion loss in H1 2024. Revenue grew modestly by 7% YoY to ₦157.7 billion , supported by strategic positioning, operational efficiency, and improved cost discipline.CEO
Jude Nwaulune
less than a year
Tenure
Dr. Jude Nwaulune is MD & CEO of Eterna Plc from 2026. He is a seasoned business executive with over two decades of professional experience spanning sales, marketing, business development, logistics and op...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & CEO | less than a year | no data | no data | |
| Chief Financial Officer | 2.5yrs | no data | no data | |
| COO & Executive Director | no data | no data | no data | |
| General Counsel & Company Secretary | no data | no data | no data | |
| Head of Special Projects & Aviation | no data | no data | no data | |
| Head of Asset Management | 6.5yrs | no data | no data | |
| Head of Internal Audit & Risk | 3.8yrs | no data | no data | |
| Head of Lubricants | 3.8yrs | no data | no data | |
| Managing Director | less than a year | no data | no data |
3.1yrs
Average Tenure
Experienced Management: ETERNA's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| COO & Executive Director | 2yrs | no data | no data | |
| Chairman | 4.8yrs | no data | no data | |
| Non-Executive Director | 4.8yrs | no data | no data | |
| Independent Non-Executive Director | 4.8yrs | no data | no data | |
| Non-Executive Director | 4.8yrs | no data | no data | |
| Independent Non-Executive Director | 4.8yrs | no data | no data | |
| Independent Non-Executive Director | 4.3yrs | no data | no data |
4.8yrs
Average Tenure
Experienced Board: ETERNA's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 00:02 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Eterna Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.