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Mojec Meter Assets Management Company, a subsidiary of Mojec International Limited, has announced a partnership with some banks to provide retail financing for the rollout of prepaid meters to its customers within the coverage area of its partner distribution companies (DISCOs) across the country.
President Muhammadu Buhari Tuesday commissioned a 9.5 megawatts (MW) capacity off grid gas-fuelled power system built by a private consortium under the Energising Economies Initiative (EEI) of the Rural Electrification Agency (REA) to supply electricity to up to 47,000 shops and small businesses operating at the Ariaria International Market in Aba, Abia State.
The federal government is set to add 4200 megawatts of electricity to the national grid in 12 to 18 months.
Nigerian electricity distribution companies (DisCos) distributed 93,219 prepaid meters between January and March, according to data from the power sector report of National Bureau of Statistics (NBS).
Data from the Nigerian Bulk Electricity Trading Plc (NBET) have shown that three electricity distribution companies (DisCos) made zero remittance to generation companies (GenCos) from the N8.68 billion invoice of February 2018.
The Minister of Power, Works and Housing, Babatunde Fashola, has called on state governments to partner with the various electricity Distribution Companies to ensure improved power delivery.
A report from the National Bureau of a Statistics has revealed that about 4 million electricity consumers out of the over 7 million users in the country are billed using the estimated billing method generating serious complains from consumers of electricity in the country.
The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).
Rafael Nadal defeated Novak Djokovic 6-0, 4-6, 6-1 to win a ninth Italian Open title and a record 34rd Masters crown on Sunday.
The Lagos State governor-elect, Babajide Sanwo-Olu, has said he will end the protracted gridlock in Apapa area of the state within the first 60 days of his administration.
The National Human Rights Commission said on Sunday that it had reached a resolution with the Abuja Environmental Protection Board and other agencies of the Federal Capital Territory Administration to suspend the raids of nightclubs and other leisure places in Abuja.
The 2019 Presidential Candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, has been described as not in the same democratic league with the late Chief Moshood Abiola and Dr Alex Ekwueme.
Nicolas Pepe will leave Lille for a "great European team" in the next transfer window, the Ligue 1 side's coach Christophe Galtier has confirmed.
Facebook has announced that it would start restricting who can live stream video on the platform following the white nationalist terrorist attacks in New Zealand only a few months ago.
Nigeria is still in darkness because of infrastructural deficit and the huge debt owed power generation companies (GenCos) by power distribution companies (DisCos), Century Power Generation Company Limited Chief Executive Officer, Dr Chukwueloka Umeh, said at the weekend.
Edo State Governor, Mr Godwin Obaseki, has approved the appointment of 14 permanent secretaries into the state public service to strengthen the state’s ongoing reforms and deepen sustainable development.
The Governor of Bayelsa State, Seriake Dickson, has commended described the reappointment of the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, for a second term, as encouraging.
Mauricio Pochettino says winning the Champions League would change the “perception” of Tottenham Hotspur and provide a glorious ending to what he described as the best season in the five years he has been their manager.