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Court restrains unlawful takeover of BEDC

In an action commenced by Vigeo Power Limited, the majority shareholder of Benin Electricity Distribution Company Plc (BEDC), the Federal High Court in Abuja has issued an order restraining

Reign of Osibodus as Nigeria's corporate power couple ends

July 10, (THEWILL) – The reign of businessman and socialite, Victor Osibodu and his corporate titan wife, Funke, as one of Nigeria’s power couples has come to an inglorious end. At the height of their reign, they both bestrode the corporate and society scenes like true titans. On the social scene, they only attended A-list

Restructuring in Power Sector as Banks Turn Heat on Discos – THISDAYLIVE

FG Appoints Interim MDs for Benin, Kano, Kaduna Discos  – THISDAYLIVE

Publications from DISCOs' core investors disingenuous - BPE

It is envisaged that the majority interest in these DISCOs would be sold to competent private sector investors

BPE clears air on recent restructuring of some DISCOs

Fidelity Bank, Afreximbank take over Benin, Kano DisCos

Nigerian govt announces restructuring of five electricity companies

The affected companies are Port Harcourt, Kano, Kaduna, Ibadan and Benin distribution companies.

Fidelity bank set to take over boards of Kano, Benin, Kaduna DISCOs

Fidelity Bank said it planned to take over the boards of Kano, Benin and Kaduna Distribution Companies (DISCOs) and to collateralise their shares. | Pulse Nigeria

Fidelity Bank, Afreximbank take over Benin, Kano DisCos

The federal government says Fidelity Bank Plc has commenced plans to finalise the takeover of Benin, Kano and Kaduna DisCos.