Gencos have demanded settlement of N4 trillion debt, seeking repayment plans and security guarantees from World Bank or AfDB.

FHA said that COVID-era loss mitigation tools have been in place far too long, introducing additional financial risk to the MMI Fund.

“Outstanding payments: GenCos are currently owed about N2trillion-N4 trillion for 2024 and N1.9 trillion in legacy debts. No possible solutions, including cash payments, financial instruments, and ...

GenCos said the debt, which includes N2 trillion for 2024 and N1.9 trillion in legacy debts, is threatening the continued operation of their power generation plants.

Bob Donegan and Bob Davidson have been key figures in the development of Waterfront Park. Now, after 22 years, the ...