In 12 Months, Discos Suffered N543bn Revenue Loss   The latest report by the Nigerian Electricity Regulatory Commission (NERC) shows that total billing to electricity consumers by the 11 distribution companies stands at N816bn. The report also shows that out of this amount, only N370bn has been...

NNPC Incur N228.1bn Revenue Loss As Refineries Remain Dormant The Nigerian National Petroleum Corporation lost revenue of N228.1bn between April and November 2018, a period of about seven months, as its refineries continued to perform poorly, the latest industry data revealed. Figures obtained from the national...