Thursday, March 5, 2026
Nigeria secures $500m World Bank loan to fund DisCos
Business a.m. The federal government has secured a $500 million loan from the World Bank to finance the country’s electricity...
Read moreDetailsWärtsilä of Finland runs 400+MW plants for Nigerian cement industryÂ
Gets new 50MW deal with Mangal in Kogi Ben Eguzozie Technology group Wärtsilä, which is listed on NASDAQ Helsinki,...
Read moreDetailsNigerians muster robust outcries against new electricity tariff hike
ONOME AMUGE As the Naira continues to gain ground in the parallel market, it would be easy to assume that...
Read moreDetailsNERC says new electricity tariff will cut 2024 subsidies by N1.14trn
Business a.m. The Nigerian Electricity Regulatory Commission (NERC) has announced that the newly approved electricity tariffs for 2024, particularly the...
Read moreDetailsTranscorp Power’s FY 2023 gross earnings up 57.30% to N142bn
Business a.m. Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading listed conglomerate Transnational Corporation Plc, recorded gross...
Read moreDetailsEko DisCo earmarks N18bn expenditure for 2023 capital expenditureÂ
By Innocent Obasi Eko Electricity Distribution Company (Eko DisCo), one of the eleven downstream operators in the Nigerian electricity market,...
Read moreDetailsKaduna Electric unveils whistle blower platforms
By Innocent Obasi Kaduna Electricity Distribution Company (KEDC), one of the eleven downstream operators in the Nigerian Electricity market, has...
Read moreDetailsMo Ibrahim faults COP27’s impact on Africa’s vulnerability to climate changeÂ
 By Innocent Obasi Mo Ibrahim, the founder and chairman of the Mo Ibrahim Foundation (MIF), has noted that the recently...
Read moreDetailsAba Power begins consumer survey, as its American partner trains 35 Nigerian professionalsÂ
BY BEN EGUZOZIE …Set to end suppressed demand in electricity Ahead of commencement of full electricity distribution operations in Aba,...
Read moreDetailsNigerian states move to stop FG’s planned sale of 10 power plants
By Business AM The governors of Nigeria’s 36 states have approached the court seeking to stop the federal government’s...
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