Nigeria’s power generation capacity fell by 13.68% in Q1 2024. The average capacity dropped by 673.16…
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NERC Orders NBET to Stop New Contracts, Supports Direct Trading
The Nigeria Electricity Regulatory Commission (NERC) has directed the Nigeria Bulk Electricity Trading (NBET) company to…
Federal Government Spends N633.30 billion on Electricity Subsidies Amid DisCo Collection Improvements in Q1 2024
The federal government accumulated N633.30 billion in electricity subsidies in the first quarter of 2024, despite…
Discos Installed 123,694 Electricity Meters in Q1 2024 – NERC Report
The Nigerian Electricity Supply Industry (NESI) has reported impressive strides in meter installations and market remittance…
Kenya, Uganda Initiate Talks on Eldoret-Kampala Oil Pipeline Extension
The Kenya Pipeline Company (KPC) has announced that Kenya and Uganda have initiated discussions about extending…
Abejide: Nigeria on Track for Growth with New Initiatives
Hon. Leke Abejide, Chairman of the House of Representatives Committee on Customs and Excise, declared that…
Dutch Technology Scheme PME Invests in Nuclear Energy
PME, the €55.6bn pension scheme for the technology industry, wants to invest in the four nuclear…
Chinese Solar Firm Akcome’s Subsidiary Declares Bankruptcy
Chinese solar module producer Zhejiang Akcome New Energy Technology has filed for bankruptcy at one of…
FG Seeks Yet Another $500m Loan from World Bank to Restructure Dam Despite Past Interventions
The Federal Government has requested a $500 million loan from the World Bank to improve dam…
Eswatini Launches Tender for Solar Minigrid Project
Eswatini has launched a tender to develop a solar minigrid project to electrify the Bulimeni community,…