Browsing Tag
Bond Default
2 posts
Geregu Power faces scrutiny after missing N40 billion bond payment
Geregu Power, recently acquired by entities linked to Senator Yari, has defaulted on a N40 billion bond obligation amid a sharp decline in profitability.
Geregu Power faces investor unease following bond default and 88% profit drop
Geregu Power Plc has triggered investor alarm after missing bond repayments amid a significant downturn in earnings and revenue during the first half of 2026.