Rekhiat Momoh, the acting Managing Director of Eko Electricity Distribution Company (EKEDC), has revealed that Nigeria’s…
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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)…
Power Minister Urges Youth to Support Power Sector Reforms
Minister of Power Adebayo Adelabu has called on Nigerian youths to actively support President Bola Ahmed…
UK High Commissioner Seeks Energy Partnership with Abia State
Richard Montgomery, the British High Commissioner to Nigeria, has proposed a strategic partnership with the Abia…
FG, Welbeck Electricity Explore Power Supply for Free Trade Zones
The Nigerian Federal Government and Welbeck Electricity are negotiating to provide reliable power to free trade…
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…
Julius Berger Switches to Elektron’s Premium Feeder Network
Julius Berger Nigeria PLC, a leading Nigerian company, has relied on off-grid diesel generators to power its…
Minister Urges Shift from Costly Captive Power to Reliable Grid Connection
Minister of Power, Chief Adebayo Adelabu, highlighted the importance of grid connectivity over captive power plants…
Oando Completes a $783 Million Acquisition of NAOC
Oando PLC has acquired the Nigerian Agip Oil Company (NAOC) from Eni, the Italian energy giant,…
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…