Consumers pay N1.2trn for electricity in six months — NERC
By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
Electricity: Blackout in Damaturu as vandals attack TCN tower
The Transmission Company of Nigeria, TCN, on Sunday disclosed that suspected vandals attacked its transmission line supplying power to Damaturu, the Yobe State capital.
Dangote: NNPC yet to lift petrol, contract negotiations ongoing
Dangote Refinery has clarified that NNPC Limited is yet to commence the lifting of petrol at the facility as both parties are still negotiating terms.
Fuel shortage: Long queues persist in Lagos, environs as marketers shut stations
THERE were long queues in Lagos and environs, yesterday, as many independent oil marketers without petrol shut their filling stations against motorists and other customers.
NERC grants Oyo powers to set up state electricity market
The Nigerian Electricity Regulatory Commission, NERC, has granted Oyo State the right to set up and regulate electricity supply and distribution within the State.
Rating: GCR affirms Dangote Industries Limited AA+(NG)/ A1+(NG)
….strong earnings prospects from the new refinery GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of Dangote Industries Funding Plc’s Series […]
