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Business

Otedola’s Geregu Power Suffers N507m Forex Losses In Six Months

Nigeria’s biggest listed power company, Geregu Power Plc has suffered N507.2m in foreign exchange losses but the company recorded impressive earning during the period...

Business

Geregu Q1’24 revenue soars by 254%

One of Nigeria’s power-generating company, Geregu Power Plc, has announced a 254.37 per cent year-on-year appreciation in its revenue to N50.42bn in the first...

Business

Inflation Pushes Otedola’s Geregu Power Plant’s Expenses To N5.9bn

Nigeria’s worsening inflation has led to a 112 per cent rise in the administrative expenses of Geregu Power Plant Plc majorly controlled by billionaire...

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