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Nigeria power sector

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Over 160 Killed in Kwara Village Massacre as Nigeria Battles Escalating Terror and Bandit Violence

KEY POINTS At least 162 people were killed in Woro village, Kwara State, in...

February 5, 2026

News

Senate Rejects Mandatory Real-Time E-Transmission of Election Results

KEY POINTS Senate rejected a proposal to make real-time electronic transmission of election results...

February 5, 2026

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

November 3, 2025

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

October 15, 2025

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.

October 14, 2025

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.

November 7, 2024

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.

November 5, 2024

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.

November 1, 2024

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.

October 29, 2024

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.

June 2, 2024

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.

May 17, 2024

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.

March 8, 2024

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.

March 2, 2024

Society