NewsBreakNigeria
USD/NGN 1,327.10GBP/NGN 1,794.63USD/NGN black market ₦1,390GBP/NGN black market ₦1,880
USD/NGN 1,327.10GBP/NGN 1,794.63USD/NGN black market ₦1,390GBP/NGN black market ₦1,880

FG raises N1.23trn to tackle N4trn GenCos’ legacy debt

The Federal Government has raised about N1.23 trillion through two bond issuances to tackle N4 trillion legacy debt owed to electricity Generation Companies (GenCos). The post FG raises N1.23trn to tackle N4trn GenCos’…

Aggregated · originally by Vanguard
14 Sept 2026, 21:30 WAT · 3 min read
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FG raises N1.23trn to tackle N4trn GenCos’ legacy debt

The Federal Government has raised about N1.23 trillion through two bond issuances to tackle N4 trillion legacy debt owed to electricity Generation Companies (GenCos). The post FG raises N1.23trn to tackle N4trn GenCos’…