Savannah Energy Plc, a British independent energy firm, has finalized the acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC). The $35.1 million...
The Transmission Company of Nigeria (TCN) has said it will hit a transmission capacity of 10,000 megawatts (MW) from the current 8,500MW within the next two...
Nigeria generated a record 5,713.60 megawatts (MW) on March 2, 2025, according to the Transmission Company of Nigeria (TCN). This surpasses the previous peak of 5,543.20MW...
Nigeria’s power sector has recorded a new peak generation of 5,543.20 megawatts (MW), the highest electricity output for 2025, the Transmission Company of Nigeria (TCN) announced...
Eko Electricity Distribution Company (EKEDC) has commenced the distribution of free prepaid meters to Band A customers within its coverage areas under the Meter Acquisition Fund...
The Federal Government will spend N2.4 trillion on electricity subsidies in 2025, despite persistent power supply challenges and widespread outages affecting millions of Nigerians. The subsidy,...
The Presidency has refuted claims of an imminent 65% increase in electricity tariffs, stating that media reports on the matter are misleading and a misrepresentation of...