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Geregu Defaults on N40 Billion Bond Payment 8 Months After Otedola’s Exit

•NERC sacks Kaduna Disco board over N456.5bn debt •Says Disco owes NBET N415.5bn, NISO N41bn Emmanuel Addeh in Abuja Geregu Power Plc has missed a scheduled payment on its N40.09

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[Opening Market] KOSPI Starts Up 2.96% at 6773.92 on Chip Rally

On Aug. 13, the domestic stock market is showing a steep upward trend right after the opening bell, fueled by the strong rebound of artificial intelligence (AI) and large-cap semiconductor stocks that…

  • KOSPI index opens 2.96% higher at 6,773.92 points
  • AI and semiconductor stocks drive early market momentum
  • US CPI data and weaker dollar boost investor confidence