Power firms – The Business Intelligence

FG develops trading platform for power firms, consumers

Our Reporter December 1, 2022December 1, 2022

by Our Reporter December 1, 2022December 1, 20220227

Power generation, distribution and transmission companies, gas suppliers, consumers, among others, will conduct electricity transactions through an automated energy trading platform in 2023, the Federal

Electricity Featured Finance

Power firms owe banks N861.14bn amid worsening electricity crisis

Our Reporter May 5, 2022

by Our Reporter May 5, 20220206

The debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year to N861.14bn in December 2021

Electricity Featured

Power firms owe banks N861.14bn amid worsening electricity crisis

Our Reporter May 4, 2022May 4, 2022

by Our Reporter May 4, 2022May 4, 20220220

The debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year to N861.14bn in December 2021

Featured Finance

CBN provides N240bn for power firms’ emergency expenditure

Our Reporter July 4, 2021July 4, 2021

by Our Reporter July 4, 2021July 4, 20210332

The Central Bank of Nigeria is providing N240bn in emergency capital expenditure for interface repairs and network improvements by power firms, the Federal Government has

Politics News

Oil, power firms’ bank debts rise to N5.94tn

Our Reporter March 2, 2021

by Our Reporter March 2, 20210268

The debts owed to Nigerian banks by oil and gas operators as well as power companies in the country rose to N5.94tn at the end

Featured Finance

Oil, power firms owe banks N5.59tn, says CBN

Our Reporter July 12, 2020

by Our Reporter July 12, 20200470

Energy firms in the country owe Nigerian banks a total of N5.59tn, the sectoral analysis of banks’ credit by the Central Bank of Nigeria has

Featured Finance

Power firms want acquisition debts, CBN loans restructured

Our Reporter July 2, 2020July 2, 2020

by Our Reporter July 2, 2020July 2, 20200415

More than six and a half years after the nation’s power distribution and generation companies were privatised, the core investors in the Discos are looking

Electricity Featured

Power firms move to halt frequent grid collapses

Our Reporter June 13, 2020June 13, 2020

by Our Reporter June 13, 2020June 13, 20200524

The Nigerian Electricity Regulatory Commission, in conjunction with power distribution companies and the Transmission Company of Nigeria, are deploying measures to halt the recurrent collapses

April 2019 Edition