The Export-Import Bank of the United States (EXIM) has approved a $1.6 billion loan to Sun…
Search Results for: Electricity Bill
N80,000 Electricity Fee Proposal Ignites Outrage Amid University Power Cost
A potential crisis occurs in Nigeria’s universities as vice-chancellors consider implementing a proposed N80,000 electricity fee…
MSME’s Struggle with High Electricity Costs, Multiple Taxes, Others – PwC
PricewaterhouseCoopers (PwC), in its latest PwC MSME Survey 2024, titled ‘Building resilience: Strategies for MSME success…
Federal Electricity Subsidy Hits New Heights as Remittance Performance Improves
The federal government’s electricity subsidy obligation surged from N252.76 billion in the last quarter of 2023…
Oyo State Takes Charge of Electricity Regulation with New Local Authority
In a significant shift towards localized control, the Nigerian Electricity Regulatory Commission (NERC) has officially transferred…
Lucid Receives $1.5 Billion Lifeline Before Electric SUV Rollout
Lucid Group Inc. will receive as much as $1.5 billion from an affiliate of Saudi Arabia’s…
United States Energy Department Announces $2.2 Billion Investment to Strengthen National Grid
To fortify the nation’s electrical infrastructure and bolster renewable energy capabilities, the US Department of Energy…
NANS Rejects Proposed N80,000 Electricity Tariff for Students
The National Association of Nigerian Students (NANS) opposes the Committee of Vice-Chancellors of Nigerian Universities’ (CVCNU)…
Kaduna Electric Cuts Power to State Govt Over N2.9 Billion Debt
Due to unpaid bills, Kaduna Electric Company (KAEDCO) has disconnected power to the Kaduna State Government…
FRV Secures AUD 1.2 Billion for Australian Solar Projects
Global renewables developer Fotowatio Renewable Ventures (FRV) has closed an AUD 1.2 billion (USD 784 million/EUR…