Geregu Power Targets N9.874bn Q3 Profit Amid Financial Forecast
Cash-rich Geregu Power Plc has estimated a total profit of N9.87 billion for the third...
Power
Finance Minister Seeks to Inject Liquidity into Power Sector
The minister of finance and coordinating minister for the economy, Wale Edun, has called for...
Elumelu Demands Total Deregulation of Power Sector and Payment of Long-overdue Electricity Debts to GenCos
The Chairman of Transnational Corporation (Transcorp Plc), Mr. Tony Elumelu, has called on the Federal...
Tinubu Okays Payment of N3.3tn Power Sector Debts
In a strategic move to address the persistent power outages plaguing Nigeria, President Bola Tinubu...
FG Offsets $120 million Debt to GasCos
The Nigerian government has paid over $120 million to offset some of the debts owed...
EU Announce Plans to Invest €37m in Nigeria’s Power Sector
The European Union (EU) has disclosed plans to invest additional €37 million to boost hydro...
FG Commissions Additional 300KWp Power Project
The Nigerian government on Thursday commissioned a 300KWp Solar PV pilot project in Kainji, Niger...
Nigeria Plans N450bn Power Intervention Fund
The Federal Government is set to spend N450bn on power interventions in 2024. This is...
FG Approves Completion Of Zungeru Hydroelectric Power Plant Concession
In a bid to ensure better service delivery in line with the Renewed Hope Agenda...
InfraCorp Signs MoU to Build 1GigaWatt Solar PV Manufacturing Plant in Nigeria
The federal government of Nigeria through Infrastructure Corporation (InfraCorp) has put pen to paper on a Memorandum...
