Nigeria has commenced the replacement of its 64-year-old National Control Centre in Osogbo, Osun State, with a modern facility designed to improve real-time management, monitoring and...
Nigeria’s electricity sector contracted by 10.63 percent in the second quarter (Q2) of 2026, wiping about N66.85 billion from its inflation-adjusted output despite the broader economy...
A seven-year streak without a corporate bond default has come to an end as financial stress in Nigeria’s electricity sector spills into the debt market, raising...
The Federal Government has paid approximately ₦333.12 billion to eight electricity generation companies under its programme to resolve accumulated financial obligations in Nigeria’s power industry. The...
The Federal Government is preparing to raise approximately ₦729 billion from the capital market to settle confirmed financial obligations owed to electricity generation companies in Nigeria....
The Lagos State Electricity Regulatory Commission (LASERC) has identified 38 companies operating electricity generation facilities without obtaining the necessary regulatory authorisations. The commission disclosed that the...
Aliko Dangote has unveiled plans to develop a 20,000-megawatt power generation project across Africa as part of a broader industrial expansion strategy anchored on the growing...
Nigeria’s power sector regulator, Nigerian Electricity Regulatory Commission (NERC), has introduced a new performance benchmark aimed at tightening operational efficiency across the national grid, directing the Transmission...
Nigeria’s economic growth continues to face structural constraints rooted in infrastructure deficiencies with the power sector debt burden and increasing reliance on foreign cloud services emerging...
Nigeria is targeting the connection of 5.2 million people to electricity by June 2026 under a $750 million renewable energy programme backed by the World Bank....