Nigeria’s DisCos Generate N196bn in February as Revenue Collection Slips Slightly
Electricity distribution companies (DisCos) in Nigeria generated a total of N196 billion in revenue in February 2026, according to the ...
Read more
Tag: #NigeriaPowerSector
FGN Accelerates Power Infrastructure Projects in Ebonyi, Enugu Under Presidential Power Initiative
The Federal Government, through the FGN Power Company, is intensifying efforts to strengthen electricity infrastructure in Ebonyi State and Enugu ...
Read more
DisCos Remit N77.99bn in Q4 2025, Performance Drops to 91.19% — NERC
Nigeria’s electricity distribution companies have remitted a total of N77.99 billion to the market in the fourth quarter of 2025, ...
Read more
Nigeria Loses Up to N8bn Monthly to Transmission Inefficiencies, Says NISO Boss
The Managing Director and Chief Executive Officer of the Nigerian Independent System Operator, Abdu Bello, has revealed that Nigeria’s power ...
Read more
FG’s N3.3tn Power Sector Debt Settlement Plan Sparks Controversy as GenCos Deny Receiving Payments
Fresh controversy has emerged over the Federal Government’s renewed approval of N3.3tn to settle longstanding debts in Nigeria’s power sector, ...
Read more
FG Targets 5.2 Million New Electricity Connections by June 2026 Under $750m World Bank Project
The Federal Government of Nigeria is targeting the connection of 5.2 million Nigerians to electricity by June 2026 under a ...
Read more
Power Sector Reforms Attract $2bn Investment as Government Cuts Liabilities to N146bn
The Federal Government has announced that sweeping reforms in Nigeria’s power sector are beginning to produce measurable results, with improvements ...
Read more
President Tinubu Inaugurates Committee to Launch Grid Asset Management Company (GAMCO)
President Bola Tinubu has inaugurated an 11-member committee to drive the establishment of the Grid Asset Management Company Limited (GAMCO), ...
Read more
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 ...
Read more
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 ...
Read more
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.