Electricity
DisCos net N291bn, 79.11% billing efficiency amid 673 megawatts loss in Q1’24
Business a.m. Nigerian Electricity Distribution Companies (DisCos) surpassed their revenue collection targets in the first quarter of 2024, generating N291.62…
eTranzact brings convenience to Northern Nigeria with Powercode expansion
Business a.m. eTranzact Plc, a leading e-payment gateway company, has launched its utility bill payment service in the northern region…
Nigeria votes N21bn for free electricity metres to citizens
Business a.m. Nigeria’s central government in Abuja, the country’s political capital, has taken a significant step in addressing the country’s…
World Bank, AfDB strike partnership to boost electricity access for 300 million Africans
Business a.m. The World Bank and the African Development Bank (AfDB) have joined forces in an initiative to combat Africa's…
Nigerians muster robust outcries against new electricity tariff hike
ONOME AMUGE As the Naira continues to gain ground in the parallel market, it would be easy to assume that…
NERC says new electricity tariff will cut 2024 subsidies by N1.14trn
Business a.m. The Nigerian Electricity Regulatory Commission (NERC) has announced that the newly approved electricity tariffs for 2024, particularly the…
