…As supply falls below 4,000MW…Creates more hurdles for households, businesses…NERC orders Fidelity Bank to divest…Power sector outlook gloomy – CPPE…Power Consumer Assistance Fund is key — PowerUp Nigeria By Udeme Akpan, Energy Editor The poor financial capacities of Electricity Distribution Companies, DisCos, their huge indebtedness, and takeover by financial institutions, are currently militating against the […]
Wider participation in the Nigerian Electricity Supply Industry (NESI) are expected this year with the maturation of different states’ electricity commissions and sub-companies and involvement of eligible and bilateral customers, reports JOHN OFIKHENUA. To a large extent, in 2025, the success and failure of the Nigerian Electricity Supply Industry (NESI) would depend essentially on the security of […]
Renowned economist and Chief Executive Officer of Financial Derivatives Company Limited, FDC, Bismarck Rewane, in this interview shares his outlook for the economy in 2025. Among other things he explains why Nigerians can’t have inflation that is lower than 25% in 2025. He also highlights factors that will help the Naira appreciate to N1,550/$ and the imperative […]
