The Central Bank of Nigeria and the World Bank are providing $350 million in financing to back the Federal Government’s...
Abuja Electricity Distribution Company (AEDC) says it has started implementing the new Service-Reflective Tariff Plan (SRT) across its franchise area...
Although it has 8 percent of the global population, Africa ranks the lowest in terms of per capita electricity access...
Solution may be on the way to eliminate or reduce the monthly revenue loss of about N3Bn suffered by the...
… NERC outline terms for new service reflective tariff … Nigeria to order 5m electricity meters … Gas pricing in dollars for review to cut cost of gas … DisCos get reprieve as monthly remittances cut to 63%...
The decision by the Central Bank of Nigeria to mandate commercial banks instead of the electricity distribution company (DisCos) to...
President Buhari has considered and approved a one-year deferment of the 35 percent import adjustment tax (levy) imposed on fully...
The Central Bank of Nigeria (CBN) has asked all Deposit Money Banks (DMB), also called commercial banks, to take full...
Siemens has allayed the fears that local companies may lose out it in the proposed Presidential Power Initiatives (PPI) as...
Managing director/CEO of Niger Delta Power Holding Company (NDPHC), Joseph Chiedu Ugbo, has pledged the commitment of his administration to...
Nigeria’s oil-rich Rivers State has been thrown into total darkness in the past 24 hours with no end in sight...
The latest report of Nigerian Electricity Regulatory Commission (NERC) has unveiled how the firm performed in 2018. Negative net cash flow The...
The House of Representatives has grilled the Federal Ministry of Power over N7 billion extra-budgetary expenditure, allegedly spent on the Kashimbila...
The Nigerian Electricity Liabilities Management Company, NELMCO on Thursday said it has saved the federal government the total sum of...
Transparency Awareness Group on Thursday urged the federal government to urgently direct the Nigerian Electricity Regulation Commission, NERC to reverse...