Nigerian politician Abdulaziz Yari sits on $400 million paper gain at Geregu despite sharp share price slide

Billionaires Africa | 21.07.2026 23:09
Abdulaziz Yari, the Nigerian senator who paid $750 million for control of Geregu Power in December, is sitting on a paper gain of roughly $400 million on the stake, even after the electricity generator's shares fell about 28 percent on a collapse in quarterly earnings.