30 results
- 30 Apr 2013
MITSUMI Bags IT Distribution Company @ BoICT Awards-13
MITSUMI Distribution, one of the Africa’s largest IT & CE distributors has won ICT Distribution Company of the year at the 2013 edition of Beacon of ICT (BoICT) Awards. Beacon of ICT Awards…
- 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…
- 3 Apr 2018
Publiseer, Caketunes to Distribute African Music to Global Platforms
Publiseer, digital content distribution company, and Caketunes, music production and beat distribution company, have concluded a partnership that will see more African musical contents around the…
- 10 Oct 2018
Quickteller Paypoint Stops Collection of N100 Transaction Fee
Quickteller Paypoint, Interswitch Financial Inclusion Services (IFIS), have announced that customers using its platform would no longer be charged a fee to complete some transactions. The…
- 30 May 2014
Thefts, Others Hobble Power Sector
Thefts, infrastructure vandalisation, obsolete equipment due to either low or poor maintenance amongst other reason have combined to hobble the newly privatised power sector. These revelations were…
- 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…
- 16 Feb 2017
Lagos Targets 3000mw Power Generation
Lagos State Governor, Mr. Akinwunmi Ambode yesterday said the quest by the country to achieve energy security can no longer be left for the Federal Government to address alone, just as he revealed…
- 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…
- 3 Jun 2026
DisCos Generate N597.6bn Revenue in Q1 2026 Amid Ongoing Power Supply Challenges
Electricity Distribution Companies (DisCos) in Nigeria generated a total of N597.55 billion in revenue during the first quarter of 2026 despite persistent power supply challenges and consumer…
- 11 Sept 2016
4m Nigerians Without Digital Electricity Meter -NERC
The Nigerian Electricity Regulatory Commission (NERC) has revealed that over four million electricity consumers are awaiting prepaid meters in the country. Dr. Anthony Aka, acting NERC chairman, made…
- 22 Jul 2024
AEDC Rejigs Management Team; Appoints Chijoke Okwuokenye as MD/CEO
Abuja Electricity Distribution Company (AEDC) has announced the appointment of Engr. Chijioke Okwuokenye as the acting Managing Director, with immediate effect. Engr. Chijioke Okwuokenye This…
- 25 Apr 2017
Gencos Accuse DisCos of Hiding Accounts
The crisis in the Nigerian Electricity Supply Industry (NESI) got messier as the electricity generation companies (Gencos) asked the electricity distribution companies (DisCos) to open their account…
- 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.…
- 8 Mar 2018
PHCN: Reps Accuse Banks of N2Bn, $3.8m Fraud
House of Representatives said it would probe the alleged loss of over N2 billion and $3.8 million as a result of the non-payment of interest by banks from sale proceeds of the Power Holding Company…
- 29 Oct 2018
TD Takes ‘This is Me Campaign’ to Physically Challenged & Vulnerable Kids
Sub-Saharan Africa’s foremost distribution company, Technology Distributions Limited, (TD) has lent its voice to the call for greater engagement and support for the physically-challenged and other…
- 19 Nov 2015
Forbes Lists Chronic Debtors as Richest Nigerians
Again, Forbes, the American business magazine may have stirred another varied assortment of controversies with its recent listing of some of Nigeria’s greatest debtors as the richest in the country.…
- 20 Sept 2013
"Forbes" Richest Men List is Bad Copy of Original
The recent ranking of the richest men in Nigeria reportedly credited to Forbes has stirred a varied assortment of comments not just for the controversial listing of some of greatest debtors in the…
- 12 May 2013
Rapid Population, Poor Infrastructure Bane of Public Power Supply-Nebo
Nigeria’s generation and distribution companies are channelling their efforts into boosting the country’s electricity capacity as part of a drive to encourage greater private sector participation in…
- 14 Aug 2019
FG May Pay ‘Failed Investors’ N736Bn to Repossess Discos
Federal government is considering repossession of 10 electricity distribution firms as one of the options to rescue the nation’s beleaguered electricity industry. According to the Punch, this…
- 7 Dec 2016
‘Hawk Eye’ Mobile App Launches for National Security & Crime Reporting
In a bid to curb the disturbing nuisances that stem from criminality in our society, Web Asset Limited, a Lagos-based technology company, has launched an interactive crime reporting system tagged…
- 15 Nov 2012
WD Appoints Mitsumi New Distribution Partner
WD, a Western Digital company, has appointed Nairobi-based Mitsumi Distribution as its new partner for Africa. With this tie up, WD further strengthens and extends its global footprint by…
- 1 Aug 2017
Skye Bank Asks FG to Seize Ntel, Discos, Says Ex-MD Wreaked Havoc
Management of Skye Bank Plc has written to Acting President Yemi Osinbajo, detailing how Tunde Ayeni, chairman of the bank between 2010 and 2016, allegedly wrecked the financial institution,…
- 23 Feb 2009
PHCN Spends N1.4Billion on Pre-paid Meters
Eko Distribution zone of the Power Holding Company of Nigeria Plc (PHCN) distributed 50,000 units of pre-paid meters worth N1.4 Billion to consumers in various parts of…
- 4 Aug 2017
Ex-Skye Bank Boss Pumps N7Bn into Jonathan’s Re-election Bid
The Skye Bank Plc management has accused, Tunde Ayeni, former Chairman of the banks of owing it and other lenders about N200 billion. The bank claimed that out of the amount, N7 billion, from a N33…
- 9 Sept 2018
CWG to Revolutionize Energy Sector with Smart Metering Solution
James Agada, Group CEO, CWG PLC has said that they have developed technological solutions that could create additional revenue streams for the Electricity distribution Companies (DisCos) in the…
- 1 Jan 2024
No Plan to Hike Electricity Tariff January 1 – Discos
Some power distribution companies in the country have denied reports of having plans to increase electricity tariff beginning from January 1, 2024. They stated that there is no directive from the…
- 13 Apr 2020
DisCos Ask Nigerians to Pay Their Bills, Say No Free Electricity Yet
Port Harcourt Electricity Distribution Company (PHED) has said it no plans yet to offer two months free electricity to customers as palliative to cushion the effect of COVID-19 lockdown. Also, Abuja…
- 24 Jan 2019
Andela Secures $100M Series D Funding to Accelerate its Technology Platform
Andela, the company building distributed engineering teams with Africa’s top software developers, announced the completion of a $100M Series D funding. The round was led by Generation Investment…
- 29 Mar 2020
COVID-19: Buhari Orders Total Lockdown of Lagos, Ogun And Abuja
President Muhammadu Buhari has imposed a curfew restricting movements in Lagos, Ogun and Abuja, for a period of two weeks to curb the spread of Covid -19 pandemic. Buhar who stated this this during a…