Tag: NBET

The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Plc (KAEDC) following the company’s growing ...

Nigeria’s Federal Government is encouraging investors and financial institutions to increase their support for the country’s electricity sector as it ...

Nigeria’s 12 electricity distribution companies collected approximately ₦2.16 trillion from customers in 2025, with revenues continuing to climb in 2026. ...

The Federal Government is preparing to release a second bond worth about N729 billion to pay verified outstanding debts owed to electricity ...

The House of Representatives Public Accounts Committee has approved a N248.6 billion financial relief and 10-year debt restructuring framework for ...

Nigeria’s embattled power sector is undergoing a significant financial "reset" following the issuance of a N501.02bn bond, the first tranche ...

The Federal Government and power generation companies are at odds over the size of outstanding debts in Nigeria’s electricity market, ...

Transnational Corporation Plc (Transcorp) has reached a significant milestone in resolving its long-standing power receivables, securing multi-billion naira debt settlement ...

Nigeria's electricity generation companies are now owed approximately N6.5 trillion by the federal government, according to Joy Ogaji, Chief Executive ...