Power grid stabilises at 3000MW, TCN upgrades transformers
The national power grid stabilised on Monday as electricity generation revolved around 3,000 megawatts and 3,707.91MW between 1am and 8pm…
TCN confirms full restoration of power after hours of blackout
After hours of a nationwide blackout on Sunday, the Transmission Company of Nigeria (TCN)has confirmed that the collapsed national grid…
Power generation crashes to 59MW after fresh grid collapse
Power generation on the national grid crashed to 59.9 megawatts around 12 pm on Sunday as the country’s grid witnessed…
Power Generation Crashes to 3,383MW Despite Hike in Tariff
The recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC, has failed to translate to improvement in…
FG issues 13 new power generation, distribution licences
THE Nigerian Government has granted 13 new licenses through the Nigerian Electricity Regulatory Commission (NERC) for the generation, distribution, and…
West Africa Power Project seeks $156m annually for 913km regional grid
The West African Power Pool, (WAPPO), has proposed a $156 million annual budget for the execution of its 330kV North…
Tinubu approves restart of light steel section of Ajaokuta Company
President Bola Tinubu, on Thursday, at the State House in Abuja, received briefings on prospective investments in Nigeria’s steel sector…
FG plans N450bn power intervention fund
The Federal Government is set to spend N450bn on power interventions in 2024. This is according to the budget analysis…
Power firms in Nigeria need N2trn to improve electricity supply — FG
The Federal Government says Nigerian electricity companies need an estimated N2 trillion or about $2.5 billion in capital to improve…
Forex Crisis: Marketers Propose N720/litre, Suspend Fuel Imports
Oil marketers, on Sunday, indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/litre…