Transgrid Enerco Limited has formally acquired a 60% equity stake in Eko Electricity Distribution Company (Eko DisCo) by signing a Share Purchase Agreement (SPA). This landmark transaction is the first market-driven acquisition within Nigeria’s power sector, ushering in a new era for electricity distribution in the country. Transgrid Enerco is a strategic collaboration involving North […]Read More
Aba Power Limited Electric (APLE), an electricity distribution company (DisCo) serving nine Local Government Areas in Abia State, has announced a substantial increase in electricity tariffs, with rates soaring by over 50 percent. The revised tariffs, which came into effect on 1 January 2025, were authorised by the Nigerian Electricity Regulatory Commission (NERC). The company […]Read More
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