Energy & Power

The Ibadan Electricity Distribution Company (IBEDC) has announced the resumption of its free prepaid meter installation exercise

The Ibadan Electricity Distribution Company (IBEDC) has announced the resumption of its free prepaid meter installation exercise under Tranche B of the Meter Acquisition...

Electricity subsidy gulps N358bn amid blackouts

The Federal Government is to pay N358.32bn on electricity subsidies in the first quarter of 2026 despite persistent blackouts and operational challenges in the...

MAN seeks renewable energy solutions to cut manufacturers’ power costs

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has called for increased adoption of renewable energy solutions to address unreliable electricity...

UK Grid Issues Another Supply Warning

The UK grid operator issued a second power supply warning for Friday evening as soaring temperatures across Europe put the region’s networks to the...

FG unveils mini-grid, plans additional 5MW expansion

The Federal Government has unveiled a 505-kilowatt interconnected solar mini-grid in Epe, Lagos State, and flagged off the development of an additional five-megawatt mini-grid...

Onanuga faults Obi’s 10,000MW power promise, says Nigeria already has 13,500MW capacity

The Special Adviser to the President on Information and Strategy, Bayo Onanuga, has criticised the recent pledge by the presidential candidate of the Nigeria...

CBN warns against naira abuse, unveils students’ club

The Central Bank of Nigeria has raised concerns over the persistent abuse of the naira, warning that the defacing and mutilation of banknotes are...

Transcorp, Egbin, Geregu, five others sign N3.3trn power debt bailout

Eight of Nigeria’s largest power generation companies, including Transcorp Power, Egbin Power, and Geregu Power Plc, have signed onto President Bola Tinubu’s N3.3 trillion...

JMG leads campaign for renewable energy systems

JMG Limited has intensified advocacy for renewable energy systems, taking its campaign for sustainable engineering and solar adoption to the streets of Lagos through...

Lagos plans mass migration to solar amid power outages

As Nigerians grapple with low power supply, the Lagos State Government is planning to drive a large-scale migration of residents from dependence on grid...

FG paid N71.49bn electricity subsidy to GenCos in 2025

As Nigeria’s electricity crisis deepens as homes suffer from blackout in the searing heat of March, the federal government made payment of N71.49bn from...

FG, GenCos disagree over electricity debt reconciliation

The Federal Government and power generation companies have disagreed over the reconciliation of debts in Nigeria’s electricity market, with both sides offering differing accounts...

The Transmission Company of Nigeria schedules maintenance in Minna

The Transmission Company of Nigeria (TCN) has announced a scheduled maintenance exercise on its 60-megavolt-ampere (MVA) 132/33 kilovolt (kV) transformer at the Minna Transmission...

Transcorp Energy wins bid to expand renewable power

  Transcorp Energy Limited has emerged as the successful bidder for selected lots in the Federal Capital Territory under the World Bank–supported Utility Enabled Projects...

DisCos pocket N2.3tn despite erratic power supply

Nigeria’s electricity distribution companies recorded a combined revenue of about N2.33tn in 2025, despite persistent consumer complaints over poor service delivery, estimated billing, and...

Blackouts: N300bn power lifeline for hospitals, varsities hits snag

The Federal Government’s ambitious plan to provide stable electricity to federal universities and tertiary hospitals has suffered a major setback following the non-release of...

Transcorp Power grows revenue to N398bn

  Transcorp Power Plc, a subsidiary of Transnational Corporation Plc, has announced its audited financial results for the year ended December 31, 2025, posting revenue...

FG moves to share electricity subsidy costs with states

The Federal Government has moved to end the practice of carrying electricity subsidy costs alone, announcing a framework that will spread the burden across...

TCN announces power outage in parts of Abuja

The Transmission Company of Nigeria has announced a scheduled maintenance exercise at its Apo 132/33kV Transmission Substation, warning that several areas in Abuja may...

Peter Obi knocks Tinubu over frequent grid collapses

Former presidential candidate Peter Obi has criticised President Bola Tinubu over the frequent collapse of Nigeria’s national electricity grid, warning that the situation contradicts...

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