Geregu Power PLC posted revenue growth in the 2025 financial year, amid rising debt obligations, amounting to over ₦204 billion, which placed a strain on its balance sheet. This is revealed in the company’s audited financial statement for the year ending December 31, 2025, released on Monday. Pinnacle Daily analysis of the result showed that …
The Nigerian Electricity Regulatory Commission (NERC) has reported a sharp drop in revenue remittance by electricity distribution companies (DisCos) in the second quarter (Q2) of 2025, signalling renewed financial strain in Nigeria’s power sector. According to the latest NERC Q2 2025 Quarterly Report, DisCos collectively remitted ₦399.20 billion to the electricity market — a 27.9 …
