
Asset Management Corporation of Nigeria (AMCON) has commenced the process of divesting its interest in NTEL/NATCOM, saying the telecommunications company has undergone a major transformation that...

Federal Competition and Consumer Protection Commission has ordered the Ibadan Electricity Distribution Company to refund whatever consumers invest in buying transformers, poles, cables, and other items....

Adebayo Adelabu, Minister of Power says the Federal government has so far spent N700 billion to subsidize electricity. According to Adelabu, the Federal Government still subsidises...

Ibadan Electricity Distribution Company Plc (Ibadan Disco) has said it is owed over N8.5bn by ministries, departments and agencies of government. IBEDC, which covers Oyo, Ogun,...