Business Hilights

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Nigerian Bulk Electricity Trading Company (NBET)

Gencos copies Buhari, Osinbajo petition to NERC, says 0.75% charge toxic

The crisis rocking the nation’s energy sector may be multiplying following the copying of a recent petition written by the body of power generation companies to the Presidency and other relevant agencies of government. The body had before the end…

Why Gencos’ revenue dropped to N32bn in May

More facts have emerged on why several power generation companies (Gencos) recorded about N31.7 billion revenue shortfall in the month of May. Findings by Business Hilights indicated that the shortfall stemmed from the failure of Discos to pay commensurate invoices…