16 results
- 12 May 2025
NERC Orders DisCos to Compensate Band A Customers in 557 Streets
Nigerian Electricity Regulatory Commission (NERC) has directed nine electricity Distribution Companies (DisCos) to compensate Band A customers residing in 557 streets across their franchise areas for…
- 3 Jul 2025
AMCON Confirms ₦100Bn Sale of Ibadan DisCo Amid Legal Disputes
Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC), one of the five power distribution companies previously under its…
- 11 May 2020
BEDC Asks Customers to Pay Bills, Says No Decision Yet on Free Electricity
Management of Benin Electricity Distribution Company (BEDC) has said the National Assembly proposed free electricity supply to Nigerians for two months to make life easier during the Coronavirus…
- 8 Sept 2015
CPC Probes Discos over ‘Outrageous’ Billings
Consumer Protection Council (CPC) has set up a panel to investigate Electricity Distribution Companies (DISCOs) in Nigeria over series of allegations bothering on breach of consumers rights. Mrs.…
- 6 Mar 2024
FG Threatens to Revoke Licenses of DisCos over Poor Power Supply
Federal Government has threatened to revoke the licences of power Distribution Companies over epileptic power supply across the country. The Minister of Power, Adebayo Adelabu, made this known on…
- 19 Apr 2013
FG Targets $2.6Bn from Sale of Power Assets
Bureau of Public Enterprises (BPE) is expected to generate over $2.6 billion for the federal government in the 2013 fiscal year through the sale of power assets. Already, the potential core…
- 9 Oct 2014
FG to Issue Title Documents to PHCN Successor Firms
Mrs. Akon Eyakenyi, minister of Lands, Housing and Urban Development, has said the ministry is set to commence the issuance of Certificates of Occupancy to the successor companies of the Power…
- 28 Aug 2022
CBN’s N2.9Trillion Intervention Saves Banks, Power Sector from Collapse- Report
The lifeline by the Central Bank of Nigeria (CBN) through various intervention funds may have saved Deposit Money Banks(DMBs) and the power sector from imminent collapse, according to t he Sun . Some…
- 21 Dec 2017
Azura Power’s First Turbine Connects To Grid
By peter oluka Wednesday, Azura Power’s first turbine was synchronized to the national grid and began producing electricity for distribution across the country. This is a red-letter day for the…
- 22 Dec 2015
NERC Increases Electricity Tariffs, Scraps Fixed Charges
The Nigerian Electricity Regulatory Commission ( NERC) has finally released the new power tariff regime, in which it outlined the various rates of increase in energy charges for consumers across the…
- 30 Mar 2016
MDAs, Army Owe DISCOs N60Bn
The Association of Nigerian Electricity Distributors (ANED) said that ministries, departments, agencies and the Nigerian Army are owing the Distribution Companies (DISCOs) N60 billion from 2015 to…
- 21 Jan 2015
MTN, Ericsson Partner on e-Waste Disposal, Recycling in Benin
MTN Benin, has partnered with Ericsson under their Ecology Management Program, to launch the first electrical and electronic equipment waste (e-waste) collection and awareness drive in Benin. This…
- 5 May 2014
Azura Power Completes Signing $1Bn 450MW Gas Turbine IPP
Azura Power Holdings Limited has completed the signing of the key industry contracts and confirmation on the debt financing of its flagship 450MW Azura-Edo Independent Power Project (“Azura-Edo IPP”)…
- 11 Oct 2014
President Jonathan Leads Azura-Edo IPP Ground Breaking, Foundation Laying Ceremony
Azura Power Holdings Ltd, on Friday, conducted the official groundbreaking and foundation laying ceremony at the Azura-Edo Independent Power Project (IPP) in Benin, Nigeria. The ceremony was…
- 21 Jun 2016
TD Names Etukudoh MD, Announces Other Appointments
The Board of Directors of Technology Distributions Ltd., (TD), foremost ICT distributors in the West African sub-region, has announced the appointment of Etiene Etukudoh as managing director…
- 25 Mar 2014
PCCW, Phase3 Ink Deal on West Africa Communications Solutions
PCCW Global, a Hong Kong based international operating division of HKT, Hong Kong's premier telecom service provider, has signed a collaborative agreement with Phase3 Telecom, a West African market…