Geregu Power’s ₦40.09bn bond default highlights key credit risks in Nigeria’s power sector, from liquidity and gas supply to systemic and issuer-specific risks.

Traditional credit analysis has long relied on a comfortable premise: if a company boasts strong historical earnings, solid historical cash

RISK MEMO. Prepared for: Institutional Investors, DFIs, Pension Funds and Asset Managers. EXECUTIVE SUMMARY. Financial distress among a number of

Geregu Power’s ₦40.09bn bond default highlights key credit risks in Nigeria’s power sector, from liquidity and gas supply to systemic and issuer-specific risks.

Agusto & Co has withdrawn the "A-" rating it had assigned to Geregu Power PLC and the company's N40.09 billion Series 1 Senior Unsecured Bond