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In Nine Months, Electricity Consumers Paid N362bn – Discos

In Nine Months, Electricity Consumers Paid N362bn - Discos         Electricity consumers paid N362bn out of the N520bn billed them by the distribution companies in the country from January to September last year, a new report by the Discos has shown. The Association of Nigerian Electricity Distributors,...

Stock Market Ends 2019 With N362bn Gain

Stock Market Ends 2019 With N362bn Gain   The nation’s stock market ended the year with a N362bn gain as the last three trading days of the year saw positive performances. The market capitalisation of equities listed on the NSE increased from N12.595tn on Tuesday last week...

In 8 Months, Gencos Incur N362bn Debt

In 8 Months, Gencos Incur N362bn Debt   Power generation companies are owed a total of N361.67bn by the Nigerian Bulk Electricity Trading Plc for electricity generated, sold and fed into the national grid from January to August this year. The government-owned NBET buys electricity in bulk...