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BusinessNews

Again, Nigeria’s electricity grid collapses

The network of power stations and powerlines that transmits electricity across Nigeria, better known as the National grid has collapsed once more. Confiance...

BusinessNews

‘Why we hiked meter prices,’ NERC explains

The Nigerian Electricity Regulatory Commission (NERC) has approved the increase in meter prices in the country. In a memo, NERC stated that the...

BusinessNews

Senate queries NERC over poor mass metering

The Senate, on Thurday, expressed dissatisfaction with the spate of metering under the National Mass Metering programme. These views were expressed when the...

BusinessNews

FCCPC moves to enforce order on electricity billing

The Federal Competition and Consumer Protection Commission (FCCPC) announced that it will launch a billing capping order enforcement of the Nigerian Electricity Regulatory...

BusinessCrimeNews

Ikeja Electric moves to reward whistleblowers on energy theft

By Chioma Obinagwam In a continued effort to curtail the incidence of Energy theft, Ikeja Electric Plc (IE) has introduced incentives for exposure...

BusinessNews

‘Landlord’s outstanding electricity bills cannot be enforced on a tenant,’ NERC affirms

By Chioma Obinagwam Nigeria’s apex electricity regulator, the Nigerian Electricity Regulatory Commission (NERC) has warned that a landlord cannot enforce an outstanding electricity...

BusinessNews

Nigeria’s electricity regulator suspends electricity tariff hike

By Chioma Obinagwam The Nigerian Electricity Regulatory Commission(NERC) has ordered the 11 Electricity Distribution Companies (DisCos) in the country to suspend the Sept....

BusinessNews

Electricity Distribution Companies begin implementation of new tarrif plan

Eko Electricity Distribution Company (EKEDC) and Ikeja Electricity Distribution Company (IE) have started implementing new Service Reflective Tariff Plan across their franchise areas....

BusinessNews

Nigeria’s president approves waiver of import levy on electricity meters

By Chioma Obinagwam Nigeria’s President, Muhammadu Buhari has ordered a one-year waiver on the levies for the importation of electricity meters. Confiance News...

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Why NDIC commenced payment of liquidation dividends to depositors with funds above insured sum

By Chioma Obinagwam In its continued commitment to ensuring that depositors of the defunct Heritage Bank are fully reimbursed, the Nigeria Deposit Insurance...

13 common mistakes that make your medication ineffective

By Chioma Obinagwam Wondering why your medication is not giving you the desired results? Here are common mistakes you may be guilty of....