Tuesday, March 3, 2026
Spiro’s electric mobility expansion rides into Ogun State
Business a.m. Spiro, Africa's largest electric vehicle (EV) player has officially launched its operations in Ogun State, marking a pivotal...
Read moreDetailsNERC strips NBET of middleman role in DisCo-GenCo transactions
Onome Amuge In a recent move to shake up Nigeria's electricity market, the Nigerian Electricity Regulatory Commission (NERC) said it...
Read moreDetailsDisCos 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...
Read moreDetailseTranzact 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...
Read moreDetailsNigeria 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...
Read moreDetailsWorld 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...
Read moreDetailsNigerians 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...
Read moreDetailsNERC 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...
Read moreDetailsNERC ups tariffs to N225/KWh for Band A electricity consumers
Business a.m. The Nigerian Electricity Regulatory Commission (NERC), with the backing of the federal government, has approved a 245 per...
Read moreDetailsGeregu Power closes N40.1bn corporate bond issuance, Nigeria’s largest by a GenCo
By Habeeb Adamu. Geregu Power Plc, a power company primarily engaged in the generation and sale of electric power in...
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