The firm two month ago debuted on the Nigerian Exchange, listing 2.5 billion shares that carried a cumulative market value of N250 billion at listing. That was the first time an electricity company would have a separate listing on the bourse.
Owned by billionaire mogul Femi Otedola, Nigeria’s one-time third richest man, Geregu Power came close to reporting a half jump in net profit for the 2022 financial year after
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: