Electricity

N2.8trn market beckons in Nigeria’s fledgling mini grid electricity

With a revenue potential of N2.8 trillion ($8 billion) annually, Nigeria has barely begun to scratch the surface of mini…

Local meter manufacturers pushing for higher participation

The preference for importation of goods and services is still very much prevalent in Nigeria, despite the push by the…

Core investors in DisCos decry lack of returns on investments

Nigeria’s electricity investors are yet to reap the returns on their investments five years after privatization. A total of N427billion…

Nigeria electricity coys say central bank market stabilization fund leaves power industry worse off

Nigeria's electricity distributors, popularly called DisCos, have said that the country's electricity market stabilization fund (NEMSF) has made the liquidity…

$750bn investment made in electricity against $716bn in oil and gas in 2017, says IEA

Investment in electricity globally rose to $750 billion in 2017, slightly higher than the $716 billion capital spending on oil…

Nigeria’s Ariaria market to get 9.5MW from independent sources

Nigeria’s electricity regulatory commission, NERC, announced Tuesday that it has issued electricity generation and distribution licenses to Ariaria Market in…