Five electricity generation companies have executed settlement agreements valued at ₦827.16 billion under the Federal Government’s power sector debt resolution framework. The agreements were signed with...
Nigeria’s electricity export programme to neighbouring West African countries has come under renewed scrutiny after payment shortfalls pushed outstanding receivables to $17.8 million. Data contained in...
Nigeria’s electricity subsidy bill declined by ₦55.6 billion in the third quarter of 2025 amid lower energy purchases by electricity distribution companies and reduced billing from...
Nigeria’s electricity transmission network came under sustained pressure in 2025 as the Transmission Company of Nigeria recorded 131 separate cases of vandalism across its assets nationwide....
The Federal Government has formally transferred the responsibility for electricity generation, transmission, and distribution to the 36 states of the federation under the framework of the...
Dangote Industries Limited is set to double power generation capacity at its refinery from 500 megawatts (MW) to 1,000MW as part of its ongoing expansion drive...
Persistent uncertainty over the Federal Government’s ₦4 trillion power-sector legacy debt has continued to strain liquidity and investor confidence across Nigeria’s electricity market. Generation companies (GenCos)...
Nigeria is positioning itself as a continental hub for renewable-energy innovation, with an estimated $410 billion investment opportunity across its energy-transition programme between now and 2060,...
The Federal Government has commenced the process of settling ₦4 trillion in outstanding debts owed to Power Generation Companies (Gencos) with plans for a refinancing arrangement...
Transcorp Power Plc has reported a profit after tax of ₦44.05 billion for the half year ended June 30, 2025, representing a 19.7% increase from ₦36.78...
