Nigeria Set to Sell Five Essential Power Plants for $1.15 Billion

Nigeria stands on the cusp of a moment in its energy sector. Poised to sell five…

States to End Electricity Subsidies, Set Own Tariffs

According to a new document from the Nigeria Governors’ Forum (NGF), state governments across Nigeria plan…

South Korea Commits Billions in Aid and Investment for Africa

President Yoon Suk Yeol of South Korea unveiled a comprehensive strategy to enhance economic cooperation with…

Abuja DisCo Threatens to Disconnect 23 MDA Electricity Debtors on June 3, 2024

The Abuja Electricity Distribution Company (AEDC) (Abuja DisCo) has announced that it will disconnect all customers…

Ekiti State Government Urges Metering to End Estimated Billing

The Ekiti State Government urges electricity distributors to meter all consumers and end estimated billing. Prof.…

FG Says International Consumers Owe Nigeria Millions For Electricity

The Federal Government revealed that international consumers did not remit $51.26 million for electricity exported from…

Power Surge: AfDB Lights Up Nigeria with $1 Billion Boost

The African Development Bank (AfDB) plans to invest $1 billion to boost Nigeria’s power sector. On…

Honda Increases Electrification Investment to $65 Billion

Japan’s Honda Motor pledged to double its electrification and software investment to about $65 billion over the…

Nigerians Spark Solar Surge Amid Soaring Electricity Costs

A sharp increase in electricity costs has left many Nigerians struggling to afford power. Since April,…

Microsoft, Brookfield Invest $10 Billion in Renewable Energy

Microsoft and Brookfield Asset Management have unveiled an ambitious collaboration. They announced plans to invest over…