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Nigeria power sector

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Atiku says Tinubu ‘cannot govern’ as killings, abductions surge nationwide

Atiku Abubakar condemned President Tinubu over the Ogbomoso school abductions and Katsina killings, declaring that the administration "cannot govern" Nigeria.
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Obi emerges sole NDC presidential aspirant for 2027 race

Peter Obi emerged as the sole NDC presidential aspirant after the party closed the sale of its 2027 nomination forms with no other buyer.
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Nigeria Blew €2.3 Billion on Electricity. The Lights Are Still Out

Five years, €2.3 billion, and a bold promise of 25,000 megawatts. Nigeria's flagship electricity project has collapsed without coming close.
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Nigeria Metering Rate Hits 57 Percent But Millions Still Waiting

Nigeria's electricity firms installed 677,942 meters in 2025, pushing the national metering rate to 57.27 percent, but roughly 5.2 million customers still have no meter.
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Nigeria’s Power Debt Jumps To N6.5 Trillion As Unpaid Bills Threaten FG Bond Plan

Nigeria’s power sector debt climbs to N6.5 trillion as GenCos get partial payments, putting pressure on the government’s bond plan.
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Gencos Push Back Against Nigeria’s Debt Proposal

Gencos reject a federal proposal to forfeit 50 percent of their N5 trillion debt, raising fresh concerns over Nigeria’s fragile power market.
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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
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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.
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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.
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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.
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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.
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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.
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News

Atiku says Tinubu ‘cannot govern’ as killings, abductions surge nationwide

Atiku Abubakar condemned President Tinubu over the Ogbomoso school abductions and Katsina killings, declaring that the administration "cannot govern" Nigeria.
News

Obi emerges sole NDC presidential aspirant for 2027 race

Peter Obi emerged as the sole NDC presidential aspirant after the party closed the sale of its 2027 nomination forms with no other buyer.
News

Police arrest 6 over phone tip-offs in Oyo school abduction

Oyo police arrested six suspects who allegedly informed bandits via phone calls during the Ahoro-Esiele school abduction that killed three people.
Business

AfDB approves $200m BoI facility to boost Nigeria’s industrial sector

AfDB approved a $200 million facility for Nigeria's Bank of Industry to boost SMEs, manufacturing and green industrialization, with women-led and youth businesses prioritized.