Otedola: Experts react as Yari-owned Geregu defaults on N40bn bond payment
Why This Matters
Key context: <img width="1400" height="1400" src="https://dailypost.ng/wp-content/uploads/2026/07/Senator-Yari.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" loading="lazy" srcset="https://dailypost.ng/wp-content/uploads/2026/07/Senator-Yari.jpg 1400w, https://dailypost.ng/wp-content/uploads/2026/07/Senator-Yari-300x300.jpg 300w, https://dailypost.ng/wp-content/uploads/2026/07/Senator-Yari-1024x1024.jpg 1024w, https://dailypost.ng/wp-content/uploads/2026/07/Senator-Yari-150x150.jpg 150w, https://dailypost.ng/wp-content/uploads/2026/07/Senator-Yari-80x80.jpg 80w" sizes="auto, (max-width: 1400px) 100vw, 1400px" /><p>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 […]</p> <p><a href="https://dailypost.ng/2026/08/10/otedola-experts-react-as-yari-owned-geregu-defaults-on-n40bn-bond-payment/">Otedola: Experts react as Yari-owned Geregu defaults on N40bn bond payment</a></p> This development from dailypost.ng highlights ongoing changes in the sector.
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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