Togo, Niger, and Benin owe Nigeria $17.8m, an equivalent of over N25 billion at the current exchange rate, for electricity supplied under bilateral arrangements, the Nigerian Electricity Regulatory Commission has said. In its Third Quarter 2025 report, NERC disclosed that the three international customers were invoiced a total of $18.69m by th...
•Blackout The Nigerian Electricity Regulatory Commission (NERC) has directed the electricity distribution companies to downgrade customers in the Band A categories if they do not have enough capacity for supplies. Commissioner Licensing and Legal for NERC, Dafe Akpeneye revealed this today on Channels Television. According to him, if the DisCo...
Metering of electricity customers across the country has remained a challenge as the number of unmetered customers rises to 7.3 million. The latest figures, released by the Nigerian Electricity Regulatory Commission (NERC) showed that out of over 13.16 million registered customers, the electricity distribution companies also known as the DisCo...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has not approved Shell International Plc’s bid to sell its onshore assets to Renaissance. The transaction for the assets is valued at $1.3 billion, reports Nigerian Tribune. A statement signed by NUPRC Head, Public Affairs and Corporate Communication, Mrs Olaide Shonola titl...
The management of Dangote Petroleum Refinery and Petrochemicals has reacted to a statement by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), claiming to have facilitated 29 million crude oil barrels to the 650,000bpd Dangote refinery. In a statement yesterday signed by Anthony Chiejina, Group Chief, Branding and Communication f...
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