Power
Transcorp Power reports 115% pre-tax profit growth in 2024
Declares N37.5bn dividend Onome Amuge Transcorp Power Plc, a leading power business within the Transcorp Group, achieved an exceptional financial…
FG spends N8.8bn on restoration of vandalised power towers – TCN
128 power towers lost in 2024 Onome Amuge The federal government has spent not less that N8.8 billion in 2024…
FG mulls private sector investment to bridge $10bn power sector funding gap
Onome Amuge The federal government has announced its intention to work with the private sector to raise part of the…
FG eyes $10bn power sector investment through Public-Private Partnerships
The federal government has announced plans to work with the private sector to secure a portion of the $10bn required…
NERC to hold public hearing over frequent grid failures Thursday
Bamidele Famoofo The Nigerian Electricity Regulatory Commission (NERC) will hold a public hearing to address the persistent failures of the…
Rockefeller, Bezos turn to Nigeria’s energy sector to alleviate power shortages
Onome Amuge In a move that signals a major step towards resolving Nigeria's decades-long struggle with chronic power shortages, a…
Nigeria’s power woes deepen as national grid faces another collapse
Joy Agwunobi Once again, Nigerians are struggling with the harsh reality of an unreliable electricity supply as the Transmission Company…
