Energy

FG increases electricity tariff for customers

The Federal Government has increased the electricity tariff for customers under the Band A classification. This followed the approval of…

2 years ago

Transcorp Power posts N453bn profit, shareholders get N3.13 dividend

Transcorp Power Plc (Transcorp Power) has reported N453 billion profit before tax for the year ended December 31, 2023. The…

2 years ago

Geregu Power approves N20bn dividend, investors get N8 per share

Geregu Power Plc. has approved to pay its shareholders a dividend of N8 per ordinary share of 50k each, totalling…

2 years ago

Eko DisCo: Sanda rightly removed, not our CEO

The Eko Electricity Distribution Company (Eko DisCo) has debunked an allegation that the removal of its former Chief Executive Officer…

2 years ago

Ibadan DisCo: We disconnected UCH over N400m debt

The Ibadan Electricity Distribution Company (IBEDC) Plc says it disconnected power supply to the University College Hospital (UCH) in Ibadan,…

2 years ago

NNPCL: We didn’t reduce fuel price

The Nigerian National Petroleum Company Limited (NNPCL) has debunked reports that it reduced the price of Premium Motor Spirit, otherwise…

2 years ago

UCH: We’re not owing IBEDC N495m

The University College Hospital (UCH) in Ibadan, the Oyo State capital, says it did not owe the Ibadan Electricity Distribution…

2 years ago

Again, NAF destroys illegal refineries in Rivers

The Air Component of the Operation Delta Safe, Nigerian Air Force (NAF), has destroyed several illegal oil refining sites and…

2 years ago

Minister: Solution to Nigeria’s woes in petroleum sector

The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, says the solution to the various challenges bewildering Nigeria is in the…

2 years ago

FG: We’ll boost power supply to 6,500MW in 6 months

The Federal Government (FG) has reiterated its plan to increase electricity generation from 3,500 Megawatts to 6,500MW within three to…

2 years ago

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