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NERC approves N225/Kwh tariff hike for Electricity Consumers

The Nigerian Electricity Regulatory Commission, NERC, has approved a hike in the electricity rates for consumers categorized under Band A. NERC has approved an...

NERC Realigns Subsidy Regime and Service Delivery in the NESI

"Pursuant to the provisions of the Electricity Act 2023, the Nigerian Electricity Regulatory Commission, NERC, is, amongst other objects, mandated to allow a licensee...

NERC says 11 Discos Receive 2,577.60gwh of Electricity in January 2024

Eleven electricity distribution companies in the country received a total of 2,577.60GWh of electricity, valued at N130.92 billion in January 2024, according to the...

The Day Transcorp Came to ‘Power” The Nigerian Capital Market  

Elumelu By Ikem Okuhu   The ceremonial ringing of the closing bell (a tradition set aside to either welcome visiting dignitaries or mark significant events/accomplishments) had a...

Egbin Power receives FG’s assurance on debt settlement, improved gas supply  

Caption: L-R, CEO, Egbin Power, Mokhtar Bounour; Minister of Power, Adelabu Adebayo and Group Managing Director, Sahara Power Group, Kola Adesina during the visit of the Minister...

NERC sledgehammer falls on 11 DisCos over Non-Compliance with Capping of Estimated Bills for Unmetered Customers

The Nigerian Electricity Regulatory Commission, NERC, has placed a heavy sanction on all eleven electricity Distribution Companies, DisCos, with a total fine of N10.5...

FG earmarks N1.6trn on electricity subsidy, unveils fresh tariff review

The Federal Government has earmarked N1.6 trillion in subsidizing electricity for end users by the end 2024, amounting about N120 billion every month, the...

NERC issues 13 new Power Generation, Distribution Licences

The Nigerian Government has granted 13 new licences through the Nigerian Electricity Regulatory Commission, NERC, for the generation, distribution, and trading of off-grid and...

No increase in Electricity Tariff,NERC assures Nigerians

The Nigerian Electricity Regulatory Commission NERC has dismissed the rumors making the rounds that there is going to be an increase in electricity tariff...

Stakeholders must drive investment to bridge Nigeria’s 195,400 MW energy deficits — Abdul

Abdul For Nigerians to enjoy constant electricity supply, there is need for more investments in the sector that will culminate in the country being able...

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