Electricity
World Bank approves $486m for Nigeria’s electricity grid improvements
The World Bank Thursday approved an International Development Association (IDA) credit and an IDA scale-up facility credit in the tune…
NERC’s new regulation to drive competitiveness, investment in Nigeria’s electricity industry
The eligible customer declaration by the Nigerian Electricity Regulatory Commission (NERC) recently has been seen as an alternative route to…
Nigeria’s power distribution networks lack capacity to distribute 2000mw – Fashola
Nigeria’s power distribution network lacks the capacity to distribute about 2000 megawatts of power despite appreciable strides in improving generation,…
The electricity required for a single bitcoin trade could power a house for a whole month
Bitcoin transactions use so much energy that the electricity used for a single trade could power a home for almost…
Power generation to get boost as Chinese banks pledge financing Nigeria’s gas projects
Nigeria’s federal government’s ambition to increase power generation to 10GW, is receiving buy-ins from Chinese banks, which have made commitments…
Nigeria’s electricity market enmeshed in opaque pricing as operators feud over invoices
The Nigerian electricity market is steeped in opaque pricing as operators are still trying to grapple with price methodology. This…
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