FG Floats N590bn Bond to Repay N4trn GenCos Debt

By Adedapo Adesanya The federal government has begun the process of repaying the N4 trillion debt owed to Power Generation Companies (GenCos) with the launch of a N590 billion first-tranche bond issuance. The initial tranche, part of  the wider N4 trillion Nigerian Bulk Electricity Trading (NBET) Finance Company Plc Bond Programme, comprises N300 billion in […]



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