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Nigerian govt to issue N729bn bond to settle GenCo debts

The Federal Government has initiated moves to issue a second bond worth about N729bn to offset verified debts owed to electricity generation companies (GenCos. This was made known in a statement on Sunday by the Nigerian Bulk Electricity Trading Plc, which said the latest bond…

July 20, 2026 Nigeria Ripples Nigeria

The Federal Government has initiated moves to issue a second bond worth about N729bn to offset verified debts owed to electricity generation companies (GenCos. This was made known in a statement on Sunday by the Nigerian Bulk Electricity Trading Plc, which said the latest bond…

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