Agusto & Co has withdrawn the "A-" rating it had assigned to Geregu Power PLC and the company's N40.09 billion Series 1 Senior Unsecured Bond

Geregu Power Plc has officially responded to the investors and stakeholders concerns regarding the company's bond repayment obligation...

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Agusto & Co has withdrawn the "A-" rating it had assigned to Geregu Power PLC and the company's N40.09 billion Series 1 Senior Unsecured Bond