WIRE — Financial analysts have expressed concerns as Senator Yari-owned Geregu Power Generation Company defaulted on its N40 billion bond payment months after billionaire businessman and Chairman of FirstBank, Femi Otedola, sold his majority stake in the power firm. DAILY POST reports that Geregu had defaulted on its N40.09 billion Series 1 Senior Unsecured Bond. Geregu confirmed Otedola: Experts react as Yari-owned Geregu defaults on N40bn bond payment
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