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ThisDay Live·September 8, 2026 at 2:29 PM

ThisDay Live commentary urges caution over Chappal Energies' proposed $100 million rights issue, despite what it describes as an air of optimism surrounding the Nigerian energy firm. According to the piece by Chisaa Okoye, concerns centre on IIHL's position regarding the rights issue and Chappal's long-term capital requirements, suggesting investors should weigh the company's funding needs carefully before backing the capital raise.

AI summary. Verify with the original source.

Chappal Energiesrights issueIIHLenergy sectorcapital raise

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