Tag: NERC
Over Billing: NERC Fines AEDC, Others
The Abuja Electricity Distribution Company (AEDC) and other electricity distribution companies are to pay different fines for over billing customers.
Geregu Power Targets N11bn as Profit for Q4
Geregu Power Targets N11bn as Profit for Q4Geregu Power Plc has a target to achieve N11 billion post tax profit in the fourth quarter...
NBET to Exit Electricity Market as NERC Licence Multiple Firms
NBET to Exit Electricity Market as NERC Licence Multiple FirmsThe Nigerian Bulk Electricity Trading Plc (NBET), is set to exit the electricity market as...
Geregu Power Grows Profit by 149% in H1-2024
Geregu Power Plc posted about 149% year-on-year growth in profitability in the first half of 2024, according to details from its unaudited financial statement for 2024 submitted to the Nigerian Exchange.
Electricity Tariff: NERC Panel Adjourns Verdict on MAN’s Petition
A panel of the Nigerian Electricity Regulatory Commission (NERC), on Thursday, adjourned its verdict on the petition by the Manufacturers Association of Nigeria
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Ex-Gov Nyako, EFCC to Settle Alleged N29bn Fraud Suit Out of Court
Ex-Gov Nyako, EFCC to Settle Alleged N29bn Fraud Suit...