NERC Issues N10.5bn Fine to DisCos for Overcharging Unmetered Consumers

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned the 11 Electricity distribution companies (DisCos) for non-compliance,…

FG Permits DisCos to Purchase Electricity Directly from GenCos

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…

TCN Disconnects Ajaokuta Steel from Grid Due to N33bn Debt

The Transmission Company of Nigeria (TCN) has disconnected Ajaokuta Steel Company Limited (ASCL) from the national…

IPR Energy Discovers Oil in Egypt

US-based IPR Energy Group (IPR) has discovered oil with its West AY-1X exploration well onshore Egypt.…

Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders

Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…

Invictus Energy Discovers Gas in Zimbabwe

Australia’s Invictus Energy has confirmed a gas discovery at its exploration site in the Cabora Bassa…

Reps Summon CBN, 11 DisCos Over $321m Loan

The House of Representatives Public Accounts Committee chaired by Hon Bamidele Salam (Osun-PDP) on Thursday summoned…

Most Nigerians Can’t Afford Electricity Without Subsidy –DisCos

The Association of Electricity Distributors of Nigeria (ANED) has said that most Nigerians cannot afford the actual…

IMF Discontinues Pakistan’s Electricity Bill Relief

The International Monetary Fund (IMF) has discontinued the electricity bill relief package for consumers using over 200 units…

NERC Orders DisCos to Reimburse MAP Customers

The Nigerian Electricity Regulatory Commission (NERC) has ordered electricity distribution companies (DisCos) to reimburse customers who have paid…