FG To Raise N729Bn Bond For GenCos’ Legacy Debts Payment
The Federal Government has concluded arrangements on the issuance of its second…
FG Incurred N358.3Bn On Electricity Subsidy In Q1 – NERC
As the Federal Government continued to bridge the gap between cost-reflective electricity…
BPE Targets N189.1Bn Revenue In FY 2026
The Bureau of Public Enterprises (BPE) on Wednesday unveiled its asset optimisation…
FG’s N501Bn Power Sector Bond Issuance Records 100% Subscription
The Federal Government has successfully issued a N501 billion inaugural bond under…
GenCos Reject FG’s Offer To Forfeit 50% of N5Trn Debt
Power generation companies (GenCos) in the country have rejected contract offers from…
AuGF Uncovers N197.72Bn Contract Fraud In NBET, REA, Other MDAs
The Office of Nigeria’s Auditor-General of the Federation has reported some irregular…
Elumelu Urges FG To Pay N2Trn Debt Owed GenCos
Chairman of Transnational Corporation Plc, Mr. Tony Elumelu, on Monday advised the…
GenCos Sold N294.16bn Electricity In 5 Months
Electricity generation companies (GenCos) in the country sold electricity worth N294.16bn between…
Afam Power Boss Seeks Adequate Budgetary Allocation For GenCo
The Managing Director, Afam Power Plc, Mr Olumide Obademi, on Friday appealed to…
Metering Supply Gap Rises To 58% In Power Sector
Despite sustained directives by the Federal Government to the 11 power distribution…