DisCos Generate ₦801bn Revenue Despite Nigeria’s Persistent Grid Failures
Nigeria's electricity distribution companies (DisCos) generated a combined ₦801.16 billion in revenue during the first four months of 2026, underscoring ...
Tag: Power Sector
World Bank Warns Court Case Could Delay Nigeria’s $500m Power Meter Project
Nigeria’s plan to improve electricity distribution through the World Bank-backed Distribution Sector Recovery Programme (DISREP) is facing a major setback ...
Mission 300 Secures $1.4bn to Expand Electricity Access Across Africa
Africa’s ambitious drive to provide electricity to 300 million people by 2030 has received a major financial boost, with international ...
Nigeria Needs $100 Billion Annually to Close $2.3 Trillion Infrastructure Gap
Nigeria must attract roughly $100 billion in infrastructure investment every year for the next 17 years to close an estimated ...
IMF Backs Further Electricity Reforms as Nigeria Targets Subsidy Reduction
The International Monetary Fund (IMF) has thrown its support behind Nigeria’s ongoing electricity sector reforms, urging authorities to deepen efforts ...
Nigeria’s Power Distributors Lose N310bn in Three Months Amid Billing Gaps and Revenue Challenges
Nigeria’s electricity distribution companies (DisCos) recorded losses of about N310 billion in the first quarter of 2026 due to unbilled ...
Nigeria Moves Closer to Battery Storage Adoption to Strengthen National Power Grid
Nigeria has taken another step toward improving the reliability of its electricity supply as the Transmission Company of Nigeria (TCN), ...
Sahara Group Launches $50,000 Innovation Challenge to Boost Africa’s Energy Future
Sahara Group has unveiled a new $50,000 innovation programme aimed at accelerating Africa’s energy transition and encouraging researchers to develop ...
Nigeria Launches New Solar Mini-Grid Guidelines to Boost Electricity Access
Nigeria has taken another major step toward improving electricity access with the launch of new national guidelines for connecting solar ...
Rolling Energy Commends FG’s Push for Nigeria’s Clean Energy Transition
Rolling Energy has commended the Federal Government for its sustained commitment to accelerating Nigeria’s clean energy transition, describing recent policy ...
Popular News
-
FCMB and 247 Travels Launch ‘Book Now, Fly Later’ Service for International Flights
-
More Than Half of Nigerian States Still Face Inflation Above 30% Despite National Drop
-
Federal Government Says Nigeria’s Debt Increase Has Been Misunderstood
-
How Online Reviews Are Quietly Driving Customer Buying Decisions
-
FCCPC Restarts Enforcement of Digital Lending Regulations After Court Victory
