In another record-breaking feat, the Transmission Company of Nigeria (TCN) said on Tuesday country’s power sector achieved a new peak generation of 5,713.6 megawatts (MW) on...
Amid incessant power grid collapse that rocked Nigeria in 2024, Adebayo Adelabu, Minister of Power on Monday, January 13, 2025 disclosed that Nigeria’s power generation increased...
The Federal Government has secured a $500m World Bank loan to bolster Nigeria’s electricity distribution sector, the Bureau of Public Enterprises (BPE) announced on Thursday. According...
In a bid to boost power supply in Lagos State, the Nigerian Electricity Regulatory Commission (NERC) has issued two power licences to the Alaro Connect Free...
In a bid to ramp up electricity generation and distribution across the country, 13 new companies have been issued new licences for the generation of off-grid...
Residents of Mowe, Ibafo, Magboro and six other communities within the jurisdiction of Ibadan Electricity Distribution Company (IBEDC) are experiencing power outages due to a drop...
Nigeria’s power sector peak electricity generation continued to struggle to stay above 4000 megawatts, despite huge energy demand from Nigerians in the face of petrol scarcity...
Many Nigerian families who had planned to celebrate Eid-el-Kabir holidays were forced to provide their own electricity as power generation fell below 4000 megawatts. Distribution companies...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
Nigeria’s power generation has increased by 8.46 percent to reach a peak of 4,469.80 Mega Watts on Sunday. This is according to the latest data sourced...
The Transmission Company of Nigeria (TCN) on Tuesday, March 9, said the ongoing projects being executed by the company would boost the national power grid by...
Nigeria failed to generate 10,106.8 Megawatts (MW) of power last week due to various limitations ranging from gas constraints to poor transmission and distribution infrastructures. Data...
The Nigerian government said it planned to commit around $2.3 billion to raising the nation’s power generation capacity to 7,000 megawatts (mw) in the first phase...
Nigeria’s power generation slumped to 3,356 Megawatts (MW) on Thursday less than 2 days after touching a new peak of 5,420.30MW. The Transmission Company of Nigeria...
Nigeria has scaled an all-time power generation peak of 5,420.30 Megawatts (MW), the Transmission Company of Nigeria (TCN) said on Thursday. The feat marks the second...
The Transmission of Nigeria (TCN) said on Wednesday the country’s power generation scaled its record high of 5,377 Megawatts (MW) on August 1. The TCN, which...
Nine or one-third of Nigeria’s 27 power plants were idle on Thursday, making 2,079.1 megawatts (mw) out of the nation’s total generation capacity remain idle. Total...
Total power generation in the country dropped to 2,943.4 megawatts on Sunday from 3,585.6MW on Saturday as 10 power plants went idle, data obtained from the...
Total generated power in the country slumped dramatically to 2,626.9MW on Monday from the 3,738MW reported the day before, signalling a 42% single-day fall, data from...
Dearth of gas supply to Nigeria’s largest power plant, Egbin and 10 others were responsible for low electricity generation at the facilities on Monday. Other plants,...
Two more power plants in the country went idle on Tuesday, bringing the total to 8 as Nigeria’s power generation capacity suffered a major setback. Consequently,...
The output levels of Nigeria’s hydropower plants recorded rapid depletion in the last couple of days, which saw the entire power generation slip to 3,757MW. Data...
Nigeria has been ranked as one of five West Africa Countries topping the energy access status in the ECOWAS region with their population having access to...
The Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, on Sunday explained why they could not generate 1,631.5 megawatts of electricity 24 hours earlier (Saturday)....
Vice President, Prof. Yemi Osinbajo, on Thursday hinted that the Federal government would change its strategy to deliver electricity to homes. The vice President lamented failure...
The Distribution Companies (DisCos) have faulted poor transmission network protection mechanism by the Transmission Company of Nigeria (TCN) for the nine grid system collapses recorded in...
In what may come as a surprise to many, billionaire businessman, Femi Otedola revealed that he has sold his interests in Forte Oil. Otedola made the...
Data from the Nigerian Electricity System Operator has revealed that power generation collapsed from 4,129.2 MW on Sunday to 2,441MW on Monday. This may not be...
The Transmission Company of Nigeria (TCN) has announced that there was a reduction in power generation as a result of gas supply challenges. In a statement...
Electricity distribution companies in Nigeria’s power sector Sunday announced that they are no longer tasked with the responsibility of providing meters to power consumers under their...
At the expiration of the deadline set by the Bureau of Public Enterprises, BPE, Five firms successfully submitted financial and technical bids to purchase 51 per...
Electricity generating companies in the country, GenCos, has identified inaccurate date, government interference and inefficiency as a he major factors responsible for the sorry state...
The Minister of Power, Works and Housing, Babatunde Fashola and the Transmission Company of Nigeria, TCN, have given different figures as the power generated in the...
The nation’s biggest power station, Egbin, and one of the three hydropower plants, Shiroro, have recorded significant declines in their output. Six of the nation’s 27...
DESPITE its 202 trillion standard cubic feet, scf, gas reserves, Nigeria has not been able to harness enough of its gas for power generation, as a...
Total electricity generation in the country has remained below 4,000 megawatts in recent months as low load demand by distribution companies tops the list of factors...
Power generation in the country plunged to 2,390.20 megawatts on Monday as the number of idle power plants rose from seven to 15, according to the...
Power generation in Nigeria dropped by 777.8 megawatts on Monday, the latest data from the Ministry of Power, Works and Housing has shown. The plunge in...
The Minister of Power, Works and Housing, Babatunde Fashola, says Nigeria’s current power generation has reached 7000 Mega Watts (MW), while distribution stands at an “all-time...
Although it is in dire need of gas to boost its electricity supply, Nigeria has continued to flare gas worth $850 million yearly, and this is...
The Lagos State chapter of the Peoples Democratic Party, PDP, has warned President Muhammadu Buhari to beware of the Minister of Works, Power and Housing, Babatunde...
Unless the Federal Government intervenes in good time, the power sector may finally grind to a total halt, resulting from inability of the various power generating...
Vice President Yemi Osinbajo has said that despite the current drop in electricity generation capacity of the country, the targeted 7,000MW will be achieved by 2017....
Electricity consumers in Nigeria may be in for another bout of darkness as the generating companies (Gencos) announced shutting down of some of their plants as...
Failure of Nigeria to attend the just concluded wind energy technology workshop may deny it joining the league of countries already benefitting from use of the...
The Federal Government on Wednesday said plans are on to tackle the shortage of electricity in the country by generating 4,000 megawatts of electricity using nuclear...
The Nigerian Electricity Supply Industry (NESI) on Thursday recorded power generation of 1,656.80Mega Watts (MW) at 02:27:00 hour. According to the Nigeria Electricity System Operator, in...
President Jacob Zuma of South Africa has stated that his country will be willing to assist Nigeria in the area of electricity generation. He stated this...
The shortage of electricity has not improved for members of the Manufacturers Association of Nigeria (MAN) since last year as they spend over N9 billion daily...
The inability of Nigeria to supply adequate gas to Ghana has been blamed for the current power crisis in that country According to the Ghanaian authorities,...