Business

Dangote Refinery prepared to compete amid regulatory fairness

  • 9th March 2026

Expanding local refineries won’t guarantee cheaper petrol, says

  • 9th March 2026

Dangote, Adenuga, Otedola make Forbes 2026 Africa rich

  • 9th March 2026

Manufacturing VAT surges 54.7% to ₦875bn in nine

  • 9th March 2026

Contact Info

Some Populer Post

Dangote retains Africa’s richest spot with $28.5bn fortune

featured Life Style

Dangote Refinery prepared to compete amid regulatory fairness –

Business
OpenAI unveils GPT-5 amid rising industry investment

OpenAI acquires Promptfoo to strengthen AI security tools

Tech

Dangote Refinery hikes petrol price to ₦1,175/litre

featured Oil and Gas

Tag: NERC

Electricity featured

Electricity supply fails despite 231% tariff increase for band A consumers

In just less than a week after Nigeria’s Electricity Regulatory Commission increased the electricity tariff by 231 per cent for category A consumers, it appears that the electricity supply capacity is grossly inadequate to meet the 20 hours per day minimum benchmark for the new tariff while also taking customers in other categories into consideration. […]

Electricity

Technical glitches hindering 20-hour power supply – DisCos

Some electricity distribution companies have continued to blame technical faults and other challenges for their inability to supply 20-hour power to customers on Band A feeders. The DisCos via their social media platforms had pleaded to the customers in Band A, calling for their understanding for their failure to meet the required minimum service level, […]

NERC considers increase of prepaid meters
Electricity featured

NERC considers increase of prepaid meters

Alex Omenye The Nigerian Electricity Regulatory Commission is contemplating another increase in the price of prepaid meters, responding to heightened production costs faced by manufacturers. According to reports, the regulator might allow market forces to determine meter costs instead of the current regulated pricing. Manufacturers have reportedly halted issuing invoices to Distribution Companies (Discos) in […]

FG targets 6500 megawatts power generation in six months
Electricity

NERC threatens Discos with fines for refusing to accept power

Despite the widespread blackout in Nigeria, the Nigerian Electricity Regulatory Commission has expressed worry over electricity load rejection by power distribution companies. According to The Punch, it vowed to take appropriate regulatory action against Discos that failed to reach the major performance criteria for energy offtake, emphasizing the growing gap between available power capacity and […]

News

333,947 Nigerians filed metering, billing complaints – NERC

  Bisola David The Federal Government has stated that power customers filed 333,947 complaints with their various distribution companies during a three-month period regarding metering, billing, and service interruption. According to The PUNCH, it was revealed in the Nigerian Electricity Regulatory Commission’s recent third quarter report, which stated that the complaints were submitted in the months […]

NERC makes N5.63bn in 2023 Q3
Electricity

Power firms may disconnect Ajaokuta Steel over N25bn debt – NERC

The Federal Government has been informed by power distribution companies via the Nigerian Power Regulatory Commission that its facility, Ajaokuta Steel Co. Ltd, may be disconnected from the national grid if its electricity bills totaling N25bn are not paid. The warning was contained in NERC annual reports made available to journalists on Monday, according to […]

NERC makes N5.63bn in 2023 Q3
Electricity

10 power distributors now active as 17 get licenses

The Federal Government said on Tuesday that 17 Independent Electricity Distribution Networks companies had received licenses, of which 10 are now in operation. The Punch reported that this information was revealed in the Nigeria Electricity Regulatory Commission’s report on market competition for 2022, which was made public on Tuesday. This information was disclosed by the […]

NERC makes N5.63bn in 2023 Q3
Electricity

NERC increases price of electricity meters to 143k

The Nigerian Electricity Regulatory Commission has approved a price increase for prepaid power meters across the country. According to Daily Trust, the commission has issued updated tariffs for prepaid meters in a circular dated September 5, 2023, bearing the signatures of the Chairman, Sanusi Garba, and the Commissioner of Legal, Licencing, and Compliance, Dafe Akpeneye. The cost […]

Customers metres to be repaired in two days - NERC
News Tech

Customers metres to be repaired in two days – NERC

The Nigerian Electricity Regulation Commission has stated that customers who have malfunctioning electricity metres are entitled to a repair within two business days. Dr. Abdulkadir Shettima, NERC General Manager, Finance and Management Services, stated as much during a recent NERC Workshop for Civil Society Organisations and Consumer Advocacy Groups in Kano state. He was speaking […]

NERC makes N5.63bn in 2023 Q3
Electricity

NERC gives condition for DisCos to pay consumers

The Nigerian Electricity Regulatory Commission has made a case for electricity consumers who get poor service delivery from their Distribution Companies.   It said that electricity consumers can get compensation for poor service delivery when the distribution company they are connected to fails to provide 90 per cent of electricity hours due to them in […]

FG targets 6500 megawatts power generation in six months
Electricity

Only 53% electricity capacity is utilized in Nigeria – NERC

The Nigerian Electricity Regulatory Commission has stated that just 53% of the country’s available electricity capacity is being used. According to The Guardian, this was announced on Wednesday by the Vice Chairman and Commissioner of Market, Competition, and Rates at NERC, Musiliu O. Oseni. Oseni made the announcement during his address to attendees at the NERC’s Stakeholder Workshop on […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in