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Business

13 new power generation, distribution companies get licenses to boost electricity supply

In a bid to ramp up electricity generation and distribution across the country, 13 new companies have been issued new licences for the generation...

Business

Nigerian govt hints at handing stake in 11 DisCos to state governments

The Federal Government of Nigeria has dropped a hint that it is contemplating handing over its 40% stakes in the 11 Distribution Companies (DisCos)...

Business

Nigerian govt to earn $2.10bn as it hands Zungeru Hydroelectric to private firm

For a fee of $70,000,251 per year, the Federal Government has concession the 700 megawatts Zungeru Hydroelectric Power Plant.The Head, Public Communications, Bureau of...

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Politics

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