BUSINESS

Geregu Closes Last Trading Day At N149 Per Share

 

GEREGU closed its last trading day at N149.00 per share on the Nigerian Stock Exchange.

NewsBeatng reports that its share price has increased by 29.00% week on week.

Geregu Power closed its IPO day (October 5, 2022) with a share price of N110.00 and has since gained 35.5% on that price valuation.

Geregu Power PLC is an electric power generating company incorporated in November 2006 as one of the unbundled companies from the now-dissolved Power Holding Company of Nigeria.

The Company currently produces an average of 10% of Nigeria’s electricity.

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