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FG signs ₦729bn bond agreement with GenCos

FG signs ₦729bn bond agreement with GenCos
Photo: Vanguard · view original

By Folarin Kehinde, Abuja ABUJA — The Federal Government has signed a ₦728.979 billion Series 2 bond under its ₦4 trillion Power Sector Debt Reduction Programme to settle verified legacy debts owed to electricity generation companies and improve liquidity in Nigeria’s power sector. The transactio...

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