Thursday, April 18, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "DISCOS"

Obi to FG: Set up task force to address reoccurring national grid collapse

    Obi to FG: Set up task force to address reoccurring national grid collapse

Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has urged the federal government to constitute a technical task force of professionals to address the reoccurring

0 comment Read Full Article

National grid collapses again — third time in 2024

    National grid collapses again — third time in 2024

The national electricity grid has experienced another system collapse, leading to a nationwide blackout. Electricity distribution companies (DisCos) confirmed the system collapse in separate statements on Monday. In a statement

0 comment Read Full Article

DisCos fail to provide 20 hours of power to Band A customers, blame ‘system outages’

    DisCos fail to provide 20 hours of power to Band A customers, blame ‘system outages’

Electricity distribution companies (DisCos) have started publishing their inability to meet the required power supply for Band A customers — as directed by the Nigerian Electricity Regulatory Commission (NERC). On

0 comment Read Full Article

NERC to DisCos: Refund overbilled customers before April 11

    NERC to DisCos: Refund overbilled customers before April 11

The Nigerian Electricity Regulatory Commission (NERC) has directed all electricity distribution companies (DisCos) to refund customers wrongly billed with the new rate. Abba Terab, NERC deputy general manager in charge

0 comment Read Full Article

Bands classification, approved FX rate — inside NERC’s electricity tariff review

  Bands classification, approved FX rate — inside NERC’s electricity tariff review

On April 3, the federal government approved an increase in electricity tariff for customers under the Band A classification. Musliu

0 comment Read Full Article

NBS: DisCos generated N294.9bn in Q4 2023

  NBS: DisCos generated N294.9bn in Q4 2023

Electricity distribution companies (DisCos) in Nigeria made a total of N294.95 billion in the fourth quarter (Q4) of 2023. The

0 comment Read Full Article

February inflation, FX inflow… 7 business stories to track this week

  February inflation, FX inflow… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 11 to March 15. INFLATION

0 comment Read Full Article

Newspaper Headlines: FG threatens sanctions as foreign airlines stick to high fares

  Newspaper Headlines: FG threatens sanctions as foreign airlines stick to high fares

The dailies focus on the depreciating value of the naira, fluctuating exchange rates, an asphyxiating economy, and hurdles in the

0 comment Read Full Article

Lagos state to establish electricity agency to regulate Ikeja, Eko DisCos

  Lagos state to establish electricity agency to regulate Ikeja, Eko DisCos

Babajide Sanwo-Olu, governor of Lagos, says the state will set up an electricity regulatory agency to regulate the activities of

0 comment Read Full Article

Insufficient allocation from GenCos affecting electricity supply, say DisCos

  Insufficient allocation from GenCos affecting electricity supply, say DisCos

Electricity distribution companies (DisCos) have attributed the current shortfall in power supply to insufficient power allocation from the grid. The

0 comment Read Full Article
1 2 3 12
error: Content is protected from copying.