By Udeme Akpan, Energy Editor Investors in Geregu Power Plc are facing renewed concerns over the company’s financial position after it defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, missing both its eighth semi-annual coupon payment and scheduled fourth principal repayment. The default was disclosed in an updated listing status published by FMDQ […]

Geregu Power Plc has defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, missing both its eighth semi-annual coupon obligation…

By Udeme Akpan, Energy Editor Investors in Geregu Power Plc are facing renewed concerns over the company’s financial position after it defaulted on its N40.09 billion Series 1…