In the second quarter of 2024, Nigerian Electricity Distribution Companies (DisCos) reported a total customer revenue…
Tag: NBET
Nigeria’s Electricity Market Faces ₦151.30 Billion Deficit in 2023
The Nigerian Electricity Regulatory Commission (NERC) has reported a total deficit of ₦151.30 billion in Nigeria’s…
NBET Plc Seeks Renewal of Operating License at NERC Hearing
Nigerian Bulk Electricity Trading Plc (NBET) appeared before the Nigerian Electricity Regulatory Commission (NERC) on Thursday…
NERC Orders NBET to Stop New Contracts, Supports Direct Trading
The Nigeria Electricity Regulatory Commission (NERC) has directed the Nigeria Bulk Electricity Trading (NBET) company to…
Power Sector Debt Crisis: Urgent Federal Intervention Needed
The Nigerian Electricity Regulatory Commission (NERC) has urged the Federal Government to address ongoing non-payment and…
FG Approves NBET Transition to Energy Trading Platform
The federal government has approved the transition process for the Nigerian Bulk Electricity Trading Plc (NBET)…
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)…
Senate Calls out NDPHC for Misappropriation of Funds
The Senate holds NDPHC accountable for $500 million in mismanagement. Lower house petitions BPE to stop…
Nigeria’s Power Generation Reaches Highest Level Since May
Nigeria’s energy sector generated 95,116.18MWh on the12th of July. This was the highest ever recorded generation…
CBN $250million Intervention to Stabilise Power Grid
CBN tunes in $250million to stabilise nationwide power delivery According to the minister, TCN has completed…