Tag: fines

NERC Imposes ₦200,000 Fine on Customers for Meter Tampering

by Adams Oma

February 19, 2025

The Nigerian Electricity Regulatory Commission (NERC) has increased fines for power consumers found guilty of meter manipulation and unauthorised connections. Non-maximum demand (Non-MD) customers with single-phase meters will be subject to ...

NGX fines nine companies N76.8 million (See full report)

by Davies

June 24, 2024

The Nigerian Exchange Limited (NGX) has imposed fines totaling N76.8 million on nine listed companies for not submitting their audited financial statements by the regulatory deadline. Nairametrics' investigation revealed that ...