Browsing Tag
Geregu Power
3 posts
Geregu Power Provides Assurance Regarding Bond Repayment Obligations
Geregu Power Plc is addressing market concerns regarding its bond repayment capacity by conducting a comprehensive audit of its financial obligations and maintaining active communication with stakeholders.
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.