Electricity

NERC ups tariffs to N225/KWh for Band A electricity consumers

Business a.m. The Nigerian Electricity Regulatory Commission (NERC), with the backing of the federal government, has approved a 245 per…

Geregu Power closes N40.1bn corporate bond issuance, Nigeria’s largest by a GenCo

By Habeeb Adamu. Geregu Power Plc, a power company primarily engaged in the generation and sale of electric power in…

Power minister’s 18,000mw capacity whitewash fails to achieve goal

BY: Olusola Bello. The federal government claims that the country now has an installed electricity capacity of 18,000 megawatts with…

Niger’s Zungeru hydroelectric plant to deliver first MW in December

MIKE OCHONMA   Niger state government says that the first turbine of the plant will be operational in December 2021.…

Hike in electricity tariff imminent as NERC sets to conclude extraordinary review

Wale Ameen Online Editor   Nigerians may be in for some tougher times ahead as there is an imminent increase…

Explosion at TCN’s station plunges Port Harcourt into power outage

... Businesses count losses in millions Ben Eguzozie, in Port Harcourt A massive explosion at a transformer of Transmission Company…