Tag: DISCOs

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

    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 collateralize their shares. The Director-General, Bureau of Public Enterprise (BPE), Alex Okoh, and the Executive Chairman, Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba said this in a joint statement on Wednesday in Abuja. “Today, we…