GCR expects more debt capital injection into Nigeria's power sector

GCR Ratings in its 2024 power sector outlook expects additional future investments over the short to medium term following the listing and performance of Geregu and Transcorp power on the Nigerian Exchange. Meanwhile, the Lagos-based ratings agency highlights the absence of a definite and sustainable debt payment plan within the sector as a major rating challenge. Oluwafemi Atere, Sector Head, Corporate and Public Sector Ratings at GCR Ratings joins CNBC Africa to unpack the report.
Tue, 16 Apr 2024 12:49:55 GMT

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