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[PERSON]

Abdulaziz Abubakar Yari

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[QUIET] [BUSINESS] [NG]

Geregu Power bond default and chairman's personal settlement

4 clusters · 9 sources · last updated

Latest: Geregu Power Chairman settles bond default with personal funds

Geregu Power Plc defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, marking the first corporate bond default in Nigeria’s debt capital market in seven years. The default followed a sharp decline in financial