Dr Joy Ogaji

A Nigerian power-generating company (GenCo) with 230 megawatts of capacity is exiting Nigeria due to a worsening business environment, signalling a deepening liquidity crisis in the country's power sector. InsideBusinessNG learnt that…

Electricity generation companies under the aegis of the Association of Power Generation Companies have said they have not been paid since June for power produced, sold and put on the national grid. The government-owned Nigerian Bulk…