Nigeria’s power generation capacity fell by 13.68% in Q1 2024. The average capacity dropped by 673.16…
Tag: Nigeria
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…
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…
FITC to Launch Sustainability & ESG Institute at July Summit
The Financial Institutions Training Centre (FITC) will launch a new Sustainability & ESG Institute on July…
Kashim Shettima Urges Africa to Adopt Sustainable Housing Strategies
Nigerian Vice President Kashim Shettima has called on African nations to adopt domestic strategies for sustainable…
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…
Babcock University Celebrates Graduates Amid Power Cost Concerns
Babcock University in Ilisan, Ogun State, recently celebrated its 22nd undergraduate and 13th postgraduate convocation ceremony,…
Energy Expert Chinedu Nwokeoma Proposes Innovations to Overcome Industry Challenges
Chinedu Nwokeoma, a seasoned energy expert with over 14 years of experience in the Oil and…