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By Udeme Akpan Aba Power has assured residents and businesses in the Aba Ring-fenced Area that electricity supply will be restored before the end of the week following progress in efforts to resolve the gas supply disruption that plunged the area into darkness. The assurance came as members of the Abia State House of Assembly […]
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By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid a total of N208.15 billion for power supplied in May 2026, as electricity distribution companies (DisCos) improved their revenue collection efficiency despite a decline in billing efficiency. This is contained in the Nigerian Electricity Regulatory Commission (NERC), Commercial Performance Factsheet for May 2026 which also showed […]
The post Consumers paid N208.15bn for electricity in May — NERC appeared first on Vanguard News.
•But warns energy prices, credit squeeze threaten outlook By Babajide Komolafe Nigeria’s business environment recorded stronger expansion in July 2026 despite rising operating costs, but the Nigerian Economic Summit Group, NESG, has warned that surging energy prices, limited access to credit and other structural constraints could threaten the sustainability of the recovery. Presenting its August […]
The post NESG says business confidence rising despite soaring costs appeared first on Vanguard News.