The power utility recorded a profit decline despite a marked improvement in turnover as cost pressures eroded earnings.
The post Geregu Power’s annual profit drops 1% to N27.3 billion appeared first on Premium Times Nigeria.
Thursday 12 February 2026
premiumtimesng - 24 days ago
Geregu Power’s annual profit drops 1% to N27.3 billion
Latest News
Electoral Act: Yiaga, Kukah Centre, IPC, others reject Senate’s new decision on electronic transmission
- premiumtimesng Owo Church Massacre: Another Amotekun operative testifies on efforts to arrest assailants
- premiumtimesng Owo Church Massacre: Another Amotekun operative testifies on efforts to arrest assailants
- premiumtimesng Nigerian lawmakers clash at committee meeting as minister proposes N3.4trn budget for 2026
- premiumtimesng Tax reforms in action: How Nigerians are earning more through PAYE reductions, net pay up, taxes down, By Aderonke Atoyebi
- premiumtimesng UBA to revamp agency, merchant banking with improved features, more value on RedPay terminals
- premiumtimesng Bello’s Trial: Witness spotlights funds transfers, cash withdrawals on Kogi LGs’, Govt House’s accounts
- premiumtimesng Money bouquets, spa dates, Lagos getaways top Nigerians’ Valentine searches — Google
- premiumtimesng OceanHub Africa and The Coca-Cola Foundation announce $120,000 Pan-African Call for Bold Ideas in Plastic Circularity
- premiumtimesng OceanHub Africa and The Coca-Cola Foundation announce $120,000 Pan-African Call for Bold Ideas in Plastic Circularity
- premiumtimesng Alleged N27bn Fraud Trial: I disbursed funds on orders from ex-governor’s co-defendant – Witness
- premiumtimesng ‘My doctor asked why I didn’t let my brother-in-law, someone else, impregnate me ’ – Nkubi’s wife reveals
- premiumtimesng Media scholar Pate exits as VC after massive infrastructure, academic expansion at Gombe Varsity
- premiumtimesng Electoral Act: Dickson faults Senate’s decision on electronic transmission of results
- premiumtimesng US lawmakers propose bill to sanction Kwankwaso, Miyetti Allah over violence in Nigeria
- premiumtimesng Lawyer sues INEC, political parties over exorbitant nomination, expression of interest fees
- premiumtimesng ‘Our father, Pete Edochie, is hale and hearty,’ son dismisses veteran actor’s death rumours
- premiumtimesng This Valentine’s Day, PalmPay is celebrating relationships with #LoveWithPalmPay Campaign
- premiumtimesng Lagos Assembly, community leaders agree on govt’s proposed ‘water city project’ in demolished areas
- premiumtimesng Experts call for urgent action as displacement, conflict widen gaps in Nigeria’s cancer care
- premiumtimesng Africa: Women s Control Over Fertility Is Linked to Education, Money and Digital Access - Study of 16 African Countries
- allafrica Africa: Mahama to Lead Repatriation of Africa s Foreign Reserves ...Says Continent Trapped in Dependency
- allafrica Ghana: President Mahama Commissions 5 Envoys...Charges Them to Attract Investments to Ghana
- allafrica Malawi: Former Transport Deputy Minister Dismisses Claims of K190 Billion EU Funds Embezzlement As Disinformation
- allafrica Ghana: Don t Remove Kotoka s Name From Country s Airport - Kwashie Anagbo to Pres, Parliament
- allafrica Nigeria: 2026 Appropriation Bill - Senate Defends Borrowing to Fund N25.91trn Deficit, Pushes Power Subsidy Exit
- allafrica Kenya: KeNHA Gives Traders 7 Days to Vacate Thika Superhighway Reserves for New Bus Bays
- allafrica South Africa: Chicken Prices Rise Again As Families Rely On It More Than Any Other Protein
- allafrica Kenya: Communications Authority Warns Kenyans Against Illegal Mobile Phone Brands Posing Health Risks
- allafrica
Imo State @ 50: A golden jubilee of resilience, renewal and divine alignment under Governor Hope Uzodimma, By Ijeomah Arodiogbu
- premiumtimesngPreparation for 1447/2026 Ramadan and Prophet Muhammad’s (PBUH) sermon on its coming!, By Murtadha Gusau
- premiumtimesngFilm Marketing Remarks: ‘I have absolutely nothing against Funke Akindele’ — Kunle Afolayan
- premiumtimesngTerror kingpin ‘captured’ by Nigerian military declares in new video he’s alive and free
- premiumtimesngActors Guild reacts to alleged involvement of Stanley Amandi in coup to topple Tinubu
- premiumtimesngUPDATED: Electoral Act Amendment: Nigerian lawmakers reject electronic transmission of results to IREV, remove tribunals’ power to declare winners
- premiumtimesngThe legality of no-refund policies under Nigerian consumer protection law, By Oyetola Atoyebi
- premiumtimesngMurtala Muhammed 50th Anniversary Policy Workshop – African leaders urged to resist foreign dictatorship
- premiumtimesngEXCLUSIVE: Fresh trouble for Uche Nnaji as ICPC begins probe of ex-minister’s certificate forgery
- premiumtimesngNIES 2026: Nigeria’s Upstream investors discuss challenges, opportunities in operations
- premiumtimesngFive months after warning letter, Boko Haram attacks Kwara community, kills 170, abducts women and children
- premiumtimesngA Strategic Divine Honour: President Trump’s glowing tribute to Mrs Oluremi Tinubu strengthens Renewed Hope, By Ijeomah Arodiogbu
- premiumtimesngElectoral Act Amendment: Nigerian lawmakers reject electronic transmission of results, approve stiffer penalties for vote buying
- premiumtimesng
70 million Nigerian women, girls may face AI-facilitated online abuse by 2030 – Report
- premiumtimesng Nenadi Usman-led interim national leadership takes over Labour Party secretariat, promises reforms
- premiumtimesng ‘This will be last’: Wike speaks on Tinubu’s fresh intervention in Rivers political crisis
- premiumtimesng CISLAC calls for stronger action against corruption amid Nigeria’s drop in CPI ranking
- premiumtimesng UPDATED: Senate amends electoral Act to accommodate electronic transmission of results with conditions
- premiumtimesng Senate amends Electoral Act to accommodate electronic transmission of results with conditions
- premiumtimesng Payroll Irregularities: Document reveals findings that led Osun govt to hire audit firm
- premiumtimesng Building health systems for Africa’s vaccine sovereignty, By Chinedu Moghalu and Nicaise Ndembi
- premiumtimesng Naira Redesign: Commercial banks committed infractions, EFCC witness says at Emefiele’s trial
- premiumtimesng JUST IN: Senate amends Electoral Act to accommodate electronic transmission of results with conditions
- premiumtimesng JUST IN: Senate amends Electoral Act to accommodate electronic transmission of results with conditions
- premiumtimesng JUST IN: Senate amends Electoral Act to accommodate electronic transmission of results with conditions
- premiumtimesng Electoral Act: Senate in rowdy session over move to rescind vote on electronic transmission
- premiumtimesng Alaafin’s ex-wife, Queen Dammy, threatens to sue Portable, gives him 24 hours to withdraw intimacy claims
- premiumtimesng Victor Antai: When values and principles trump transactional politics, By Ibanga Isine
- premiumtimesng I’m tired of b please, I need money for my brain, spleen surgery — Halima Abubakar to Nigerians
- premiumtimesng Nigeria drops two places to 142nd in 2025 corruption ranking, trails 33 African countries
- premiumtimesng Trial of Arise journalist, security guard’s murder case stalled as prison officials fail to produce suspects
- premiumtimesng Police arrest vigilante chief, two others for allegedly torturing suspected thief to death
- premiumtimesng Federal commissioner mocks protesters demanding real-time election results transmission
- premiumtimesng Health Ministry received ₦36m out of ₦218bn capital budget allocation in 2025 – Minister
- premiumtimesng Sources