TCN Boosts Transmission Capacity to 6,000 MW Amidst Infrastructure Upgrades

The Transmission Company of Nigeria (TCN) has announced its enhanced capability to transmit up to 6,000…

EKEDC Reveals N144 Billion Debt from State Agencies and Security Forces

Rekhiat Momoh, the acting Managing Director of Eko Electricity Distribution Company (EKEDC), has revealed that Nigeria’s…

AMCON: Ibadan DisCo Can Thrive with Strong Buyer Amid Challenges

The Asset Management Corporation of Nigeria (AMCON) has announced that the Ibadan Electricity Distribution Company (IBEDC)…

Afreximbank Arranges $650m Financing for Acquisition of NAOC Stake

African Export-Import Bank (Afreximbank) has announced that it successfully arranged a senior $500-million and a junior…

Oando Completes a $783 Million Acquisition of NAOC

Oando PLC has acquired the Nigerian Agip Oil Company (NAOC) from Eni, the Italian energy giant,…

Reps Committee on Renewable Energy to Host a Policy Workshop in November

The House of Representatives Committee on Renewable Energy has proposed hosting a national policy workshop in…

Accugas Invests $45M to Boost Gas Supply In Nigeria

Accugas Limited, a subsidiary of Savannah Energy, has invested $45 million in a new compression system…

Adelabu Highlights Challenges and Reforms for Improved Electricity

On August 17, 2024, Chief Adebayo Adelabu, Nigeria’s Minister of Power, attributed the country’s persistent erratic…

Nigeria Celebrates Major Milestone with NSIA’s 10MW Solar Plant

Nigeria has achieved a significant milestone in its renewable energy journey by officially commissioning the country’s…

FG Unveils 30 Innoson-Assembled CNG Buses in Abuja

The Federal Government has launched a fleet of locally assembled Compressed Natural Gas (CNG) buses in…