Sunday, December 4, 2022

Kano Disco faces Liquidation

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By Ignatius Ushie The Transmission Company of Nigeria (TCN) says it has recommended to the government that the Kano Electricity Distribution Company (Kano DisCo) should...
NDPHC set to increase power supply to industries

NERC approves increase in electricity tariff

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The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff with effect from September 1, 2020 (today). The increase is three months...
Discos revenue collection hit N127bn in first three months

Investor's confidence weakened over alleged N2bn fraud- Power regulator

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The allegation of fraudulent payments to two power plants levelled against the Nigerian Bulk Electricity Trading Plc has weakened investor confidence in the power...

Nigeria Drags Chinese Oil Firm, Addax, To Court For Felony, $3.7m Diversion

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The Nigerian Government, through the Police Force Criminal Investigation Department, has sued Chinese oil major, Addax Petroleum, for an alleged Diversion of $3.7 million...
Refineries problems will remain if Government runs them- Osinbajo

Solar system beneficiaries to pay N4,000 monthly- FG

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The Presidency has revealed that the estimated 25 million Nigerians that will benefit from the Federal Government’s Solar Home Systems that commences this week...
PHCN: Senate opens investigation into N387M loss

Senate probe power ministry’s N478M deposited in Aso Savings and Loans Plc.

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The Senate has begun an investigation over concern of the safety of the N478m deposited by the Federal Ministry of Power in Aso Savings...

Seplat driving sustainability with growing gas business-CEO

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Seplat Petroleum Development Company Plc, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria. Mr. Roger Brown, Chief Executive...

DPR express concerns over exploration of oilfields

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A number of oilfields in Nigeria will reach the end of their shelf life in the next 10 years if nothing is done, the...
Discos revenue collection hit N127bn in first three months

TCN disconnects Kano DISCO, threatens more sanctions

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The Transmission Company of Nigeria (TCN) has disengaged some power feeders of the Kano Electricity Distribution Company and may further increase sanctions against the...

DSS to assist NNPC recover debts, protect assets

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The Group Managing Director of the Nigerian National Petroleum Corporation- Mr Mele Kyari, has requested the assistance of the Department of State Services...