BREAKING: Geregu Power pays N6 billion owed investors on N40.09 billion bond
Geregu Power Plc has paid the sum of N6 billion (N6,026,093,363.1) owed to investors on its N40.09 billion Series 1 Senior Unsecured Bond, ending the weeks of controversy over its default. While the company has not officially announced this, sources close to the matter confirmed the development to Nairametrics. The default, which Nairametrics first reported […] The post BREAKING: Geregu Power…
We haven't written up this one. Nairametrics has the full story — the link below goes straight to it.