HomeTagsElectricity

electricity

News

Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.
News

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.
News

Oyo Takes Bold Step: Empowering Its Energy Future with New Electricity Law

In a groundbreaking move, Oyo State has joined the ranks of forward-thinking states by...
News

Power Firms Face Huge Fine for Overbilling Customers

The Nigerian Electricity Regulatory Commission (NERC) has announced that it will impose a hefty...
News

Power Outage Worsens as Nigeria Gas Company Fixes Pipeline

Nigeria, Africa's most populous nation, is experiencing a severe power outage that has affected...
News

How Nigeria’s Power Subsidy Cost Billions in 2023

Nigeria, Africa's most populous nation, has a chronic problem with power supply. Despite having...
Business

How Nigeria Can End Its Power Crisis After Failed Privatisation

Nigeria has been struggling with a power crisis for years, despite spending billions of...

Latest articles

News

Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.
News

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.
News

Suspected Boko Haram terrorists kill 15 farmers gathering firewood in Borno’s Marte area, three still missing

Suspected Boko Haram terrorists have killed 15 farmers working their fields and gathering firewood in Marte, Borno State, with police searching for three still missing.
News

N50 million each: Families of 19 abducted NYSC graduates face N950 million ransom demand

Kidnappers are demanding N950 million, or N50 million each, for 19 prospective corps members abducted on the Owerri-Onitsha Road in Imo State on Thursday.