Lagos Stakeholders Urge Increased Investment to Strengthen Nigeria’s Power Sector
The Lagos State Government and the Lagos Chamber of Commerce and Industry (LCCI) have called for significant new investments in ...
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Tag: #NigeriaPowerSector
Nigeria Projects Nearly $1bn Annual Revenue from Electricity Exports by 2026
The Federal Government is projecting nearly $1bn (about N1.49tn) in annual revenue from electricity exports to 15 West African countries ...
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GenCos Warn Against Grid Disconnection, Demand Immediate Payment of Revenue
The Chief Executive Officer of the Association of Power Generation Companies (APGC), Joy Ogaji, has warned against threats to disconnect ...
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FG, World Bank Partner on $500m Facility to Boost Power Sector, Roll Out 3.2m Meters
The Federal Government has announced plans to work with the World Bank to secure a $500 million facility aimed at ...
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FG Summons States, DisCos Over Escalating Tariff Regulation Dispute
The Federal Government has intervened in the ongoing face-off between state governments and electricity distribution companies (DisCos) over tariff regulation, ...
Read moreDisCos Collect ₦1.1 Trillion Revenue in H1 2025, Customers Owe ₦385bn
The 11 electricity Distribution Companies (DisCos) in Nigeria collected ₦1.101 trillion in revenue from customers during the first half of ...
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DisCos Owe FG Over N2.7 Trillion in Unpaid Electricity Bills – NBET
The Nigerian Bulk Electricity Trading Company (NBET) Plc has revealed that 11 Electricity Distribution Companies (DisCos) owe the Federal Government ...
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Over Half of Nigeria’s Power Capacity Idle in July, Says NERC
Nigeria’s electricity sector continued to underperform in July 2025, with almost 60 per cent of installed generation capacity sitting idle, ...
Read moreFG Wades into Electricity Tariff Dispute, Urges Unity Among Regulators
The Federal Government has stepped into the ongoing electricity tariff controversy following the recent decision by the Enugu Electricity Regulatory ...
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NERC: DisCos Owe N2.75trn in Liabilities, Hold N3.61trn in Assets
The Nigerian Electricity Regulatory Commission (NERC) has revealed that Nigeria’s 11 electricity distribution companies (DisCos) owe a combined N2.75 trillion ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.