The Federal Government (FG) has begun engagements with electricity distribution companies to develop Energy Zones aimed at delivering 24-hour electricity supply to homes, businesses...
The Federal Government has begun construction of a new National Control Centre for the Nigerian Independent System Operator in Osogbo, Osun State, to replace...
Nigeria’s electricity Distribution Companies billed ₦250.79bn worth of electricity out of ₦333.94bn worth of energy received in July 2026, leaving a billing gap of...
The Federal Government may spend about N2 trillion to subsidise electricity this year as it maintains its position against an immediate increase in electricity...
Ikeja Electric Plc has commenced refunds to customers who previously paid for their electricity meters under the Meter Asset Provider programme.
The company disclosed this...
The Federal Government has raised N728.979bn through the second issuance under its N4tn Power Sector Multi-Instrument Issuance Programme, bringing the value of bonds issued...
The Niger Delta Power Holding Company has called for the settlement of more than N400bn owed to it by electricity market participants, including the...
The Nigerian Independent System Operator has attributed recent reductions in electricity allocations to Distribution Companies serving Lagos, Abuja and the northern parts of the...
Low offers have left thousands of retail investors struggling to exit Geregu Power Plc’s stocks trapped, market data analysis has shown.
This came in the...
Nigeria is pushing to give local investors a greater stake in the country’s fast-growing fintech industry as companies such as OPay and PalmPay consider...
Experts in the built environment have urged property developers to embrace private power generation, warning that Africa’s rapidly expanding cities cannot rely solely on...
The Federal Government is set to issue a second bond worth about N729bn to settle verified legacy debts owed to electricity generation companies, in...
The Nigerian Electricity Regulatory Commission has concluded a three-day capacity-building workshop for energy correspondents and media practitioners as part of efforts to strengthen public...
Stakeholders in Nigeria’s power sector have called for improved electricity access to support productive economic activities, saying energy investments should focus on boosting enterprise,...
Electricity distribution companies have rejected a new directive by the Nigerian Electricity Regulatory Commission requiring them to establish dedicated capital expenditure provision accounts, describing...
Nigeria’s electricity transmission losses cost the power sector an estimated N2.61bn in the first quarter of 2026 as the Transmission Company of Nigeria failed...
The Ibadan Electricity Distribution Company (IBEDC) has announced the resumption of its free prepaid meter installation exercise under Tranche B of the Meter Acquisition...
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...
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...
