Geregu Power Shines as NGX’s “Most Compliant Listed Company” for 2023

Geregu Power Shines as NGX’s “Most Compliant Listed Company” for 2023 ⚡Geregu Power Plc has been honored with the Most Compliant Listed Company Award by the Nigerian Exchange Limited (NGX) at its 2024 Made of Africa Awards. ✨ This prestigious accolade recognizes Geregu’s exemplary adherence to NGX’s issuer rules and commitment to transparency. Here’s a closer look at the highlights:Key Achievements :1. Compliance Excellence: Geregu maintained flawless regulatory compliance, ensuring timely filings of financial results and corporate disclosures without penalties.• Filed 2023 audited results on January 30, 2024, and Q1 results on April 9, 2024.• Hosted annual general meetings ahead of most listed entities.2. Impressive Financial Growth :• Profit After Tax: N24.1bn (113% growth YoY).• Revenue: N112.58bn for nine months, a 102% surge YoY.• Stock Performance: Share price soared by 188% in 2024 to N1,150/share, with a market capitalization of N2.88tn.3. Strategic Ex...

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