The Federal Government through the Power Holding Company of Nigeria, PHCN, is fleecing Nigerians of about N3.41 trillion ($19.6 billion) annually through outrageous electricity bills, which is not ...

The Vistria Group has made an investment in Phoenix-based Professional Health Care Network, a home health care management services company. No financial terms were disclosed. MTS Health Partners acted ...

BESIDES the fact that global economies are now private sector driven, the inefficiency in Nigeria’s power sector, occasioned by actions and inactions of the Federal Government and civil servants, ...

Abuja (AFP) – Nigeria has announced two major initiatives aimed at improving its woeful electricity supply, entering a $1.3 billion (960 million euros) power plant deal with China and on Monday ...

PHCN will not hesitate to drag its debtors to the press. The Power Holding Company of Nigeria, PHCN, will soon publish names of its debtors in national dailies if they fail to pay their debts ...

Three top officials of Power Holding Company of Nigeria (PHCN) were yesterday forced to go on retirement by the federal government as the government plan to reverse the slide in electricity supply.

The Bureau of Public Enterprises (BPE), says its officials did not divert N2.5 billion from Power Holding Company of Nigeria (PHCN) to buy property in Aso Savings and Loans (ASL). She said BPE ...

AUSTIN, Texas & SAN FRANCISCO--(BUSINESS WIRE)--Serent Capital announced the sale of its portfolio company, Professional Health Care Network (PHCN) to The Vistria Group. PHCN is a home health care ...

THE Federal Government's drive to privatise and commercialise the Power Holding Company of Nigeria, PHCN, through a massive unbundling into 18 firms has always been greeted with apprehension and ...

LIKE many Nigerians a 29-year-old former employee of the defunct Power Holding Corporation of Nigeria (PHCN), Mujeeb Olayiwola Shokunbi, has a New Year resolution – to live. But today, he is in a ...

The Federal Government has made $2,525,824,534 from the sale of 14 successor companies of the Power Holding Company of Nigeria (PHCN) Limited. President Goodluck Jonathan will today present the ...

Nigeria faces an imminent blackout, Managing Director, Power Holding Company of Nigeria (PHCN), Mr. Joseph Makoju, warned on Monday. Makoju hinges his grim prediction on the persistent attacks on ...