Power constraints cut Transcorp revenue 13% as profit falls
Transmission bottlenecks and gas supply constraints have dragged down the nine-month earnings of Transnational...
Power
Transcorp Power posts N83.1bn profit as revenue falls 13.7%
Transcorp Power Plc recorded N83.1 billion in profit before tax for the nine months...
How ₦3.5trn power debt dispute threatening FG’s electricity rescue plan
A dispute over ₦3.5 trillion in electricity generation companies’ debt claims is raising fresh...
DisCos collect N603.64bn as N141bn revenue gap exposes power market weakness
Nigeria’s electricity distribution companies collected N603.64 billion from customers in the second quarter of...
Power generation plunges 88% as NISO denies grid collapse
Nigeria’s electricity generation plunged by 87.6 per cent on Monday, falling from 3,840 megawatts (MW)...
FG targets 2027 to clear Gencos’ legacy debts, says Tegbe
The Federal Government has pledged to clear outstanding legacy debts owed to power generation companies...
Lagos Targets 6,000MW Power Generation, Courts Investors to Drive Energy Reform
The Lagos State Government (LASG) has intensified efforts to transform its electricity sector, unveiling plans...
FG says Intervention Accelerating Siemens Power Project
The minister of power, Adebayo Adelabu, says the federal government’s intervention in the power sector...
JMG Reinforces Investment Drive in Nigeria’s Renewable Energy Space
Samuel Mobolaji A provider of electro-mechanical solutions in Nigeria, JMG Limited, has commemorated Solar Appreciation...
Power Purchase Agreement Suspension Halts New Power Plant Development, warns Nnaji
Samuel Mobolaji The suspension of power purchase agreements (PPAs) in 2015 has severely hindered...
