Bureau of Public Enterprises

Nigeria electricity metering and regulatory developments

3 clusters · 9 sources · last updated 9 days ago

Latest: Nigeria electricity metering rate reaches 61.51% in June

Nigeria is working to reduce its electricity metering gap through various regulatory and infrastructure initiatives. By June 2026, the national metering rate rose to 61.51%, following a significant increase in deployment

Geregu Power bond default and chairman's personal settlement

4 clusters · 9 sources · last updated 21 days ago

Latest: Geregu Power Chairman settles bond default with personal funds

Geregu Power Plc defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, marking the first corporate bond default in Nigeria’s debt capital market in seven years. The default followed a sharp decline in financial

NERC intervention in Kaduna Electricity Distribution Plc

2 clusters · 11 sources · last updated 25 days ago

Latest: NERC appoints interim board for Kaduna Electricity Distribution Plc

The Nigerian Electricity Regulatory Commission (NERC) intervened in Kaduna Electricity Distribution Plc (KAEDC) following the discovery of approximately N456.5 billion in cumulative market debt. The regulator dissolved t