DisCos miss loss targets as FG shoulders ₦321b power generation bill

NERC confirms national metering rate rise to 56.07%, as DisCos metered 187,000 new consumers in 2 months

By Abiodun Folarin WorldStage-- All 11 electricity distribution companies (DisCos), missed their loss-reduction targets in the second quarter of 2026, ...

NERC confirms 70, 888 new customers metered by DisCos in August 2025

Nigeria’s power sector gulps N1.92trn subsidy as metering gap fuels losses

by Abiodun Folarin

September 3, 2026

WorldStage-- Nigeria’s electricity sector remained heavily dependent on government intervention in 2025, as the Federal Government spent N1.92 trillion on ...

Geregu Power: Chairman’s bailout of ₦40b bond default further sustains market skepticism as stock fails to appreciate

Geregu Power’ chairman Yari indicts former owners of disappointing legacy after personally offset defaulted ₦40b bond

by Segun Adeleye

August 21, 2026

WorldStage-- The Board Chairman of Geregu Power Plc (GPP), Senator Abdul-aziz Abubakar Yari has shed more light on why he is ...

Geregu Power: Chairman’s bailout of ₦40b bond default further sustains market skepticism as stock fails to appreciate

by Segun Adeleye

August 21, 2026

WorldStage– Market sentiment on the stock of Geregu Power Plc (GPP) remained indifferent on Thursday despite the power generator’s confirmation of the payment ...

Geregu Power eyes N8.2b half year profit

Geregu Power’s search for substantive CEO continues after corporate bond default, as Sani Jaoji replaces another Interim boss in six months

by Boyo Akomo

August 17, 2026

WorldStage-- The Board of Geregu Power Plc has responded to a significant and ongoing controversy in recent weeks, centered on ...

NERC dissolves KAEDC board, appoints administrator, opens 12-month search for new investor

by Abiodun Folarin

August 10, 2026

By Abiodun Folarin WorldStage-- The Nigerian Electricity Regulatory Commission (NERC), has dissolved the board of directors of Kaduna Electricity Distribution ...

Nigeria: FCCPC investigates possible exploitation in airfare price

Nigeria: FCCPC engages NERC, states’ electricity regulators on consumer protection, cooperation

by OurReporters

July 30, 2026

WorldStage-- The Federal Competition and Consumer Protection Commission (FCCPC) has engaged the Nigerian Electricity Regulatory Commission (NERC) and states electricity ...

Nigeria: FG, SEC, NGX Group forge unified direction on Capital Gains Tax reform

Nigeria: FG inaugurates nine-member inter-agency committee to coordinate Electricity Act 2023 implementation

by Abiodun Folarin

July 15, 2026

By Abiodun Folarin WorldStage-- The Federal Government of Nigeria has inaugurated a nine-member inter-agency committee to coordinate the implementation of ...

NERC confirms N203.61b generated by DisCos from electricity consumers in April

by Femi Akingbemi

July 1, 2026

WorldStage--The Nigerian Electricity Regulatory Commission (NERC) has confirmed that Electricity Distribution Companies (DisCos) generated N203.61bn from electricity consumers April. The ...

Nigeria: NERC commences net billing regulations to promote renewable energy technologies

by Femi Akingbemi

June 3, 2026

WorldStage-- The Nigerian Electricity Regulatory Commission (NERC) says it has commenced the implementation of the Net Billing Regulations 2026 to ...