NERC: Discos fined N10.5bn for non-compliance on estimated billing 

11 electricity distribution companies (DisCos) for have been sanctioned for non-compliance with capping of estimated bills for unmetered customers.   According to the Nigerian Eelectricity Regulatory Commission (NERC), the sanctions were overdue as a review of the DisCos’ billing of…

NASME galvanises support for MSMEs Ecosystem

Chairman, Nigeria Association of Small and Medium Enterprises (NASME), Lagos State Chapter, Yeye Modupe Dada, has galvanized support for her members in Lagos. Dada disclosed this at a news conference to unveil her vision for NASME Lagos Chapter on Thursday…

Access Bank Boss, Wigwe, others presumed dead in US chopper crash

It’s a sad day as Mr Herbert Wigwe, the CEO of Access Bank Plc, has been reported killed in a helicopter crash in the United States of America. However, up till the time of writing this report, no survivors have…

Nigeria’s President, Bola Tinubu signs Electricity Act Amendment Bill into Law

Establishes National Hydroelectric Power Producing Areas Commission (N-HYPPADEC) Mandates 5% of actual annual Opex of Gencos from preceding year for development of host communities   After months of expectations, the President, yesterday, assented and signed into law the amended Electricity…

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