Electricity

Benin, Togo bypass Nigerian government to buy power directly from GENCOs

AT a time when Nigeria’s electricity supply is arguably at its worst in decades, West African neighbours namely Benin,...

How GENCOs N501bn bond exposes deep cracks in Nigeria’s power financing

THE Federal Government's bond issuance to offset the first tranche of over N5 trillion in debts owed to power...
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National grid collapse continues in 2026, as Nigerian cities thrown in darkness

MANY major cities in Nigeria are currently experiencing blackouts due to a complete failure of the national electricity grid. ...

REA, NBS sign agreement on energy survey to support power sector plans

THE Rural Electrification Agency (REA) and the National Bureau of Statistics (NBS) have signed a memorandum of understanding (MoU)...
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NERC transfers market regulatory oversight to Nasarawa electricity commission

THE Nigerian Electricity Regulatory Commission (NERC) has formally transferred regulatory oversight of the electricity market in Nasarawa State to...

AMCON confirms sale of Ibadan DisCo for N100 billion

THE Asset Management Company of Nigeria (AMCON) has announced that the Ibadan Electricity Distribution Company (IBEDC) had been sold...
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