NERC

Electricity generation companies (GenCos) in Nigeria are facing a bigger income shortfall as payments for the power generated and fed into the national grid have taken a tumble this year.…

Many Deposit Money Banks (DMBs) in Nigeria may have collapses except for the Central Bank of Nigeria (CBN), especially in the takeover of some distribution companies, stakeholders have said.…

As many homes and businesses continue to groan under poor power supply and lack of prepaid meters, the Nigerian government has vowed to sanction “underperforming” distribution companies.…

In a rare move, Nigeria’s 36 state governors under the aegis of the Nigeria Governors’ Forum (NGF) have united to resist a plan by the Senate and Ministry of Power to stop states from…

Nigeria’s electricity distribution companies (DisCos) are on course to roll out more than 2 million meters by the end of the year under the meter distribution programme of the Federal…