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…

NDB Invests $2.3 Billion in Renewable Energy Projects

The New Development Bank (NDB) committed $2.3 billion (R41 billion) to ten renewable energy projects. These…

Nigerian Electricity Tariffs: What We Pay versus What We Get

Goerge Orwell’s famous quote says all animals are equal, but some are more equal than others.…

Standard Bank Invests $3 Billion in Africa’s Energy Sector

Standard Bank has announced it has mobilised over $3 billion this year to advance green and…

NERC Threatens Ajaokuta Steel with Grid Disconnection Over ₦1.2 Billion Debt

The Nigerian Electricity Regulatory Commission (NERC) has warned Ajaokuta Steel Company Limited (ASCL) that the company…

BC Jindal Group Ventures into Renewable Energy with $2.5 Billion Investment

BC Jindal Group have announced an investment of USD 2.5 billion into India’s renewable energy sector…

NEITI Calls for $20 Billion Annual Investment to Support Nigeria’s Energy Transition

Dr Orji Ogbonnaya Orji, Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), has highlighted…

International Customers Owe Nigeria $14.19 Million for Electricity

As of August 22, 2024, the Nigerian Electricity Regulatory Commission (NERC) has reported that four international…

Nigeria’s Metered Electricity Consumers Increase to 48.5% in Five Years

Nigeria has achieved a significant milestone in its electricity metering efforts, with the number of metered…

SparkMeter Partners with Somali Utilities to Modernise Electricity Grids

SparkMeter has secured new contracts with two Somali utilities to modernise the country’s electricity grids. This…