d.light Secures $7.4 Million from Chapel Hill Denham for Offgrid Solar Projects

Solar products company d.light has successfully secured a groundbreaking financing facility of $7.4 million from Chapel…

NERC Can Act in a Quasi-Judicial Role to Handle Electricity Matters – Sanusi Garba

Sanusi Garba, the Nigerian Electricity Regulatory Commission (NERC) Chairman, underscored the Commission’s vested authority to establish…

NERC Has Intervention Powers for Grid Stability – Wolemi Esan

Wolemi Esan, the Deputy Managing Partner at Olaniwun Ajayi LP, has said that Nigeria’s electricity regulator,…

Saglev Launches First Nigerian-Owned Fully Assembled Electric Vehicle in Lagos

Saglev, an electric vehicle brand, was launched during the Lagos Auto Show, which was held between…

Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu

Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.

As of 2023, Ghana, Kenya and Rwanda Led the Way in Africa for Power Grid Upgrades – IEA

In the International Energy Agency’s (IEA) October 2023 report on Electricity Grids and Secure Energy Transitions,…

Nigeria’s 2024 Electricity Act Amendment Allocates 5% of GenCos OPEX for Host Communities

President Bola Ahmed Tinubu has signed the 2024 Electricity Act (Amendment) Bill into law. The law…

Minister of Power Advocates Naira-denominated Payments for Domestic Gas Supply

On February 8, 2024, Nigeria’s Minister of Power, Adebayo Adelabu, engaged in a productive meeting with…

Plateau State Signs Electricity Market and Energy Corporation into Law

Earlier this week, Plateau State Governor signed two electricity laws The Governor, Caleb Mutfwang, believes that…