The Nigerian government has issued a stern warning to power distribution companies (DisCos) across the country, threatening to revoke their operating licenses if they continue to...
Transcorp Power Plc, a leading player in Nigeria’s power generation sector, has stunned the market with its unexpected early listing on the Nigeria Exchange Limited (NGX)....
After two decades of anticipation, President Bola Tinubu, through his representative Vice President Kashim Shettima, inaugurated the long-awaited Geometric Power Plant in Aba, a significant milestone...
The University College Hospital (UCH) in Ibadan, Oyo State, experienced a disruption in its power supply after the Ibadan Electricity Distribution Company (IBEDC) disconnected the hospital...
The Nigerian Senate has firmly opposed the Ministry of Power’s proposed electricity tariff hikes, emphasizing the need to alleviate the burden on citizens amidst prevailing economic...
President Bola Tinubu has directed the prompt settlement of a N342 million outstanding electricity bill owed by the Presidential Villa to the Abuja Electricity Distribution Company...
The Abuja Electricity Distribution Company (AEDC) has issued an ultimatum to 86 government agencies, including the Presidential Villa, owing a collective debt of N47 billion. The...
The European Union (EU) has announced a significant investment of 37 million Euros into Nigeria’s power sector to enhance infrastructure and address critical energy needs. EU’s...
Kaduna Electricity Distribution Company (Kaduna Electric) has announced a 10% salary increase for its workforce, despite grappling with a debt of N110 billion and operational challenges....
Nigeria’s power sector is facing a significant financial challenge as its debt surged to N3.3 trillion, with the cost of electricity subsidy nearing N3 trillion, according...