Geregu Power lists on Nigerian Exchange

Issue 470 - 12 Oct 2022 - By Adaora Elemide | 1 minute read

Shares in Geregu Power started trading on the Nigerian Exchange (NGX) on 5 October, becoming the first electricity generating company (genco) to be listed on the bourse’s main board. The company joined the market via a direct listing, with 2.5bn shares priced at ₦100 each, valuing the company at ₦250bn ($569m).

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