Business Hilights

Tracking Nigeria's Headline Business News Online

Saleh Mamman

(Special Report) Revocation of Discos’ licences very close by

Going by the strong signals transmitted from this week’s Federal Executive Council (FEC) meeting on Wednesday, announcement of the revocation of electricity distribution companies (Discos) licenses any moment from now would not be any surprise to Nigerians. This assumption stemmed…

Power blame game to deepen in 2020 as national grid crashes last week

Throughout 2019, the Nigerian national grid had not less than 20 collapses which translates to poor infrastructure and maintenance systems on power transmission. Recall that during the 2013 unbundling of the nation’s electricity sector, whereas generation and distribution was ceded…