Markets

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Recent Signals

U.S. Redirects 55 Commercial Vessels as Strait of Hormuz Talks Stall◆NNPC Listing Plan Returns as Tinubu Signals Full NGX Float◆Malaysia’s Anwar Ibrahim Undergoes Medical Checks, Procedure◆Police Say Suspected Imo Kingpin ‘Acid’ Killed in Operation◆Geregu Power Defaults on N40.09bn Series 1 Bond Payments◆Shaun Murphy Sets Scoring Record as Judd Trump Loses China Open Opener◆Police Investigate Death of Nigerian Law School Student at Lagos Hostel◆Netanyahu Reject Trump's Plan For Gaza Until Hamas Disarms◆Iran Appoints Former IRGC Commander Mohsen Rezaee as Security Council Secretary◆Anthropic to Make Claude Code Auto Mode Default for Paid Accounts◆Chelsea Held by Johor Darul Ta’zim in Six-Goal Pre-Season Draw◆Tinubu Urges Religious Leaders to Condemn Terrorism and Kidnapping◆ISWAP Reportedly Executes Four Shura Council Members Amid Leadership Crisis◆Operation HADIN KAI Air Strike Reportedly Eliminates Nine Suspected Terrorists in Borno◆Boat Captain Charged After Woman and Baby Die in New York Harbor Capsize◆Trump-Linked Posts Lose Taylor Swift Songs After Social Media Mockery◆19 Year Old Reportedly Killed by Lightning While Sleeping With Four Others◆Osun APC Chieftain Urges Peace Ahead of August 15 Governorship Poll◆Chad to Eliminate Visa Requirements for African Nationals From January 2027◆Irregular Emerges as Key AI Cybersecurity Tester After Model Security Incidents◆U.S. Redirects 55 Commercial Vessels as Strait of Hormuz Talks Stall◆NNPC Listing Plan Returns as Tinubu Signals Full NGX Float◆Malaysia’s Anwar Ibrahim Undergoes Medical Checks, Procedure◆Police Say Suspected Imo Kingpin ‘Acid’ Killed in Operation◆Geregu Power Defaults on N40.09bn Series 1 Bond Payments◆Shaun Murphy Sets Scoring Record as Judd Trump Loses China Open Opener◆Police Investigate Death of Nigerian Law School Student at Lagos Hostel◆Netanyahu Reject Trump's Plan For Gaza Until Hamas Disarms◆Iran Appoints Former IRGC Commander Mohsen Rezaee as Security Council Secretary◆Anthropic to Make Claude Code Auto Mode Default for Paid Accounts◆Chelsea Held by Johor Darul Ta’zim in Six-Goal Pre-Season Draw◆Tinubu Urges Religious Leaders to Condemn Terrorism and Kidnapping◆ISWAP Reportedly Executes Four Shura Council Members Amid Leadership Crisis◆Operation HADIN KAI Air Strike Reportedly Eliminates Nine Suspected Terrorists in Borno◆Boat Captain Charged After Woman and Baby Die in New York Harbor Capsize◆Trump-Linked Posts Lose Taylor Swift Songs After Social Media Mockery◆19 Year Old Reportedly Killed by Lightning While Sleeping With Four Others◆Osun APC Chieftain Urges Peace Ahead of August 15 Governorship Poll◆Chad to Eliminate Visa Requirements for African Nationals From January 2027◆Irregular Emerges as Key AI Cybersecurity Tester After Model Security Incidents◆

Corporate Bonds

Every Axis Signal story on this subject - 1 report, filed under Business

Geregu Power Defaults on N40.09bn Series 1 Bond Payments

Business

Geregu Power Defaults on N40.09bn Series 1 Bond Payments

Geregu Power Plc has defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, missing both its eighth semi-annual coupon read more Geregu misse

Also tagged

Geregu Power Fmdq Securities Exchange Nigerian Power Sector Debt Default