Geregu Power Plc posted a 15 percent gain in two days. Its share price moved from N1,000 as of the start of trading on September 17 to close at N1,150 at the close of trading on September 18. Within those…
Foremost Nigerian power generation solutions provider, Geregu Power Plc, has entered a pact with Siemens Energy to jointly develop solutions for capacity expansion at the Geregu 1 power plant. The aim of partnership is to ensure sustainable, resilient, and efficient…
By Philemon Adedeji The Nigerian equity market closed for the second day of the week on negative note, the market’s weak performance was primarily driven by selloffs in GEREGU Power (-6.38 per cent), WAPCO Insurance (-0.89 per cent) and DANGOTE…
By Philemon Adedeji Geregu Power Plc, an electric power generating company has released its unaudited half year result ended June 30th 2023, the results delivered shows financial performance of the company during the specified period. It shows the revenue generated,…
By Philemon Adedeji Opening the week yesterday, trading activities on the Nigerian Exchange Limited (NGX) closed in red zone caused by Selloffs in WAPCO (-1.66 per cent), Geregu (-10.00 per cent) and Ecobank TransnationaI Incorporation (ETI)(-0.90 per cent) offset demand…
Geregu Power Plc is targeting to achieve N17.12 billion in revenue during the first quarter of 2023. This is contained in its Q1 2023 earnings forecast released via the Nigerian Exchange (NGX). The company is projecting to rake in N1.75…
The selling pressure witnessed on the shares of Geregu Power Plc during the week trading session on the NGX resulted in shareholders losing about N30.250 billion. Checks by showed that the energy firm’s stock price dropped by 9.85 per cent…
Geregu Power Plc and Fund for Export Development in Africa have begun talks for the acquisition of a portion of the local power generating company. The first power company firm to be listed made this disclosure on the Nigerian Stock…
By Philemon Adedeji A leading power generation company, Geregu power plc, has reported its audited financial statements for the period ended December 31, 2021. The report stated that Profit After Tax which increased impressively by 45.5 per cent to N20.5…
By Philemon Adedeji Despite a sustained bearish market occasioned by the build-up to the 2023 general elections and interest rate hike, a leading power generation company Geregu power plc (Genco) in Nigeria gained total sum of N25 billion in first…
