Power Holding Company Of Nigeria - PHCN
Nigeria's Electricity export to neighboring countries of Togo, Benin, and Niger Republic dropped to $115.56 million in 2022, indicating a 27% drop in the period
Nigerian billionaires and other top investors own power distribution and generation in Nigeria since the country privatised the power sector several years ago.
The Nigerian Electricity Regulatory Commission (NERC) has ordered distribution companies in Nigeria to disconnect customers after 12 days of serving bills.
Sale Mamman, former minister of power, was on Wednesday, May 10, arrested and detained by the anti-graft agency EFCC in connection with a N22 billion fraud.
Electricity consumers set to experience darkness as the FG commences massive disconnection of some DisCos from the national grid following their growing debt.
LinkedIn, a professional networking platform, has undertaken a survey and has identified 25 companies in Nigeria that provide excellent working environments.
United Bank of Africa is set to sell Abuja Electricity Distribution Company to recover its N56.16 billion debt owed by Kann Consortium, a major stakeholder.
Abuja residents lament as the power supply in the Federal Capital Territory becomes erratic amid the current heatwave being experienced across the country.
The Nigerian government, through the TCN, has given 13 DisCos, GenCos and Ajaokuta Steel Company 14 days' notice to pay up or be disconnected from the grid.
Power Holding Company Of Nigeria - PHCN
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