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Nigeria power sector

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FG Introduces Impact Challenge as 3MTT Expands

Nigeria’s government is introducing a new challenge to assess how digital skills training under 3MTT is translating into jobs, opportunities, and long-term economic impact
News

Chief Imam of Ilorin Sheikh Muhammad Bashir Sali Dies at 75

KEY POINTS Sheikh Muhammad Bashir Saliu, Chief Imam of Ilorin, has died at the...
News

GenCos Lose N2.3 Trillion to Stranded Power Capacity

Nigeria’s power producers have lost over N2.3 trillion to stranded capacity caused by persistent grid failures and weak market structures
News

Nigeria Issues ₦4 Trillion Bond to Clear Power Sector Debt

Nigeria rolls out a ₦4 trillion bond to settle GenCos’ arrears, restore electricity market stability, and revive investor confidence in the power sector
Business

Transcorp Power Reports 38 Percent Revenue Jump

Transcorp Power posts 38 percent revenue growth and 17 percent profit rise, reflecting higher power generation, cost efficiency, and expanding asset base.
News

Grid Collapses Attributed To Vandalism, Maintenance Issues

Vandalism and maintenance problems are to blame for Nigeria’s frequent grid collapses, says Minister of Power Adebayo Adelabu, who has a committee suggesting tweaks.
News

Investigating the recent power outages across Nigeria

Nigeria's power sector faces ongoing outages, infrastructure deficits, and gas supply shortages, hindering economic growth and daily life.
Business

Electricity Tariff Hikes: What Nigerians Are Saying

Tariff hikes deepen frustration as Nigerians face rising energy costs and unreliable service, straining households and businesses alike.
News

Power Outages Halt Businesses Across Northern Nigeria

Frequent power outages have stalled businesses across Northern Nigeria, causing high operational costs and revenue losses as reliance on diesel generators rises.
News

IBEDC Sacks Kingsley Achife as Acting Managing Director, Appoints Francis Agoha

IBEDC appoints Francis Agoha as new Acting Managing Director, replacing Kingsley Achife to drive improvements in electricity distribution and service reliability.
News

FG Commits N130bn to Clear Power Sector Gas Debt

The Nigerian Government announces a N130 billion payment to settle debts with gas suppliers, aiming to enhance stability and reliability in the power sector.
News

Tinubu Overhauls NELMCO Board, Targets Power Sector Reform

President Tinubu reconstitutes NELMCO board, positioning the power sector for transformative reform and improved operational efficiency to benefit Nigeria's electricity supply industry.
Business

Nigeria Launches Five Power Projects, Boosts National Grid Capacity

Minister Adelabu inaugurates five power projects under PPI, partnering with Siemens and Germany, to significantly improve Nigeria's electricity supply.
Society

House Probes N7 Trillion Power Sector Funding Since Privatization

Amid mounting concerns over the utilization of over N7 trillion in financial interventions since...

Latest articles

News

FG Introduces Impact Challenge as 3MTT Expands

Nigeria’s government is introducing a new challenge to assess how digital skills training under 3MTT is translating into jobs, opportunities, and long-term economic impact
News

Chief Imam of Ilorin Sheikh Muhammad Bashir Sali Dies at 75

KEY POINTS Sheikh Muhammad Bashir Saliu, Chief Imam of Ilorin, has died at the...
Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...

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