Business
Discos Apologize for Poor Power Supply in Nigeria
Power distribution companies (Discos) in Nigeria have apologized to Nigerians for the poor power supply, citing technical challenges as the cause.
Business
Electricity DisCos’ Revenue Surges 450%, Debt Hits N700bn
A review of Nigeria's electricity Distribution Companies (DisCos) reveals a staggering 450% increase in revenue from 2013 to 2020, reaching N1.2 trillion, according to Vanguard News.
Economy
Electricity Discos Generate N603bn Revenue in Q2 amid Subsidy Debt Over N321bn for Federal Government
The 11 electricity distribution companies (Discos) generated a total revenue of N603.64 billion in Q2, while the federal government incurred over N321bn subsidy debt.
Business
Electricity Discos’ Q2 Revenue Surges to N603bn Amidst FG’s Subsidy Debt Over N321bn
The 11 electricity Discos in Nigeria recorded a combined revenue of N603.64 billion in Q2 2026, as the federal government faces over N321 billion in subsidy debt.
Business
Discos Bill N250.79bn, Collect N205.53bn in July – New Data Revealed
The Nigeria Electricity Regulatory Commission (NERC) has released new data showing that DisCos billed customers N250.79 billion out of a total energy received of N333.94 billion in July…