Business
NIPC Q1 2020 Report Shows N152bn Investments, 18 Company Applications
June 11, 2020
NIPC Q1 2020 Report Shows N152bn Investments, 18 Company Applications
The first quarter, 2020 report released by the Nigerian Investment Promotion Council, (NIPC) shows that 18 new applications and 1…
Power: GenCos Raise Generation Capacity By 4,000MW, Decry N600bn Debt
June 10, 2020
Power: GenCos Raise Generation Capacity By 4,000MW, Decry N600bn Debt
Power Generation Companies (GenCos) in Nigeria have said they have raised power plants’ capacity by 4,000 megawatts (MW) seven years…
AEDC Launches Smart Fault Detector For High-Tension Lines
June 10, 2020
AEDC Launches Smart Fault Detector For High-Tension Lines
Abuja Electricity Distribution Company (AEDC) has announced the deployment of a smart high-tension overhead fault detector for 11 kilovolts (KV)…
NERC to Sanction 7 DisCos For Overbilling customers
June 9, 2020
NERC to Sanction 7 DisCos For Overbilling customers
The Nigerian Electricity Regulatory Commission, NERC has issued notices of intention to commence enforcement action against seven electricity Distribution Companies,…
The Economic Repercussion Of Coronavirus Pandemic On Nigerians
June 9, 2020
The Economic Repercussion Of Coronavirus Pandemic On Nigerians
As the reality of the coronavirus pandemic dawns on Nigeria, the country, like the rest of the world has begun…
“We Have Metered 100,000 Customers Under MAP” – AEDC
June 9, 2020
“We Have Metered 100,000 Customers Under MAP” – AEDC
AEDC’s metering performance under the meter asset provider scheme otherwise known as MAP reached a major milestone May 5th when…
New TCN Boss, Top Mgt Officials Get Appointment Letters
June 8, 2020
New TCN Boss, Top Mgt Officials Get Appointment Letters
The new Managing Director of the Transmission Company of Nigeria (TCN), Engr. Sule Abdulaziz, and his four management team, have…
CBN COVID-19 Palliative: Successful Applicants To Get Credit Within 48hours
June 8, 2020
CBN COVID-19 Palliative: Successful Applicants To Get Credit Within 48hours
The Central Bank of Nigeria (CBN) has advised all successful applicants under the Bank’s COVID-19 Targeted Credit Facility (TCF), whose…
OPEC+ Extends First Phase Production Adjustment To End Of July
June 7, 2020
OPEC+ Extends First Phase Production Adjustment To End Of July
Nigeria will continue collaborating with other OPEC+ Nations in the historic efforts to adjust crude oil production towards rebalancing and…
House Committee On Power Lauds TCN On Transmission Services
June 6, 2020
House Committee On Power Lauds TCN On Transmission Services
…pledges support to new management The House of Representatives Committee on Power, has lauded the operational performance of the Transmission…