FG settles N333bn GenCos debt, pays first bond coupon

🇳🇬 Punch Nigeria (NG) —
FG settles N333bn GenCos debt, pays first bond coupon

AI Summary

Nigeria's Federal Government settled 333 billion Naira of generation companies' debt and paid the first bond coupon to restore investor confidence in the power sector. This marks a significant financial intervention in Nigeria's energy market.

The Federal Government has settled N333bn of GenCos debt and paid the first bond coupon, restoring investor confidence in Nigeria’s power sector. Learn mor Read More: https://punchng.com/fg-settles-n333bn-gencos-debt-pays-first-bond-coupon/

Markets Deals Energy Nigeria power sector debt settlement bond coupon GenCos investment

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