Electricity Distribution Companies (DisCos) in Nigeria have announced a sharp increase in the prices of electricity…
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Nigerian DisCos Report N431.16 billion Revenue in Q2 2024
In the second quarter of 2024, Nigerian Electricity Distribution Companies (DisCos) reported a total customer revenue…
Benin DisCo Alerts Customers Over Transformer Vandalism Surge in Ekiti State
The Benin Electricity Distribution Company (BEDC) has raised concerns about the increasing vandalism of transformers and…
AMCON: Ibadan DisCo Can Thrive with Strong Buyer Amid Challenges
The Asset Management Corporation of Nigeria (AMCON) has announced that the Ibadan Electricity Distribution Company (IBEDC)…
Nigeria’s Discos Generate N3.95 Trillion in Five Years
Recent data from the National Bureau of Statistics (NBS) and the Nigerian Electricity Regulatory Commission (NERC)…
NERC Threatens Ajaokuta Steel with Grid Disconnection Over ₦1.2 Billion Debt
The Nigerian Electricity Regulatory Commission (NERC) has warned Ajaokuta Steel Company Limited (ASCL) that the company…
Twenty States Owe Electricity Bills as Discos Face Debt Recovery Challenges
Electricity distribution companies (Discos) in Nigeria have revealed that around 20 of the country’s 36 state…
Ikeja DisCo Achieves Top Revenue and Efficiency Marks in Q1 2024
Ikeja Disco has led the Nigerian electricity distribution sector in revenue and efficiency for the first…
Federal Government Spends N633.30 billion on Electricity Subsidies Amid DisCo Collection Improvements in Q1 2024
The federal government accumulated N633.30 billion in electricity subsidies in the first quarter of 2024, despite…
Discos Installed 123,694 Electricity Meters in Q1 2024 – NERC Report
The Nigerian Electricity Supply Industry (NESI) has reported impressive strides in meter installations and market remittance…