CardinalStone Partners Limited acted as Lead Financial Adviser and Lead Issuing House on the successful completion of the inaugural tranche under the ₦4 trillion Power Sector Multi-Instrument Issuance Programme, implemented as part of the Presidential Power Sector Debt Reduction Programme…
TCN Reveals N457 Billion Debt Owed by Nigeria’s Power Sector Operators
The Managing Director of Transmission Company of Nigeria (TCN), Sule Abdulaziz has disclosed the company is being owed N457 billion as of March for services rendered within the Nigerian Electricity Supply Industry (NESI). He made this disclosure at a Workshop,…
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…