Business
Geregu nuclear power plant Plc, a Nigerian power generation company, has fully settled its outstanding bond obligations. The payment was completed on August 19, 2026, as confirmed by the company's Chairman, Senator Abdul aziz Abubakar…
Impact: Geregu nuclear power plant defaulted on its bond but the obligation was settled by its chairman, restoring some stability. The company's reputation was damaged by the default and rating withdrawal, but the intervention helps protect shareholder value and operations.
Aug 20, 2026 · 13 articles