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 ...
Tag: Power Sector
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 ...
Nigeria Cancels $717.7 Million World Bank Power Sector Fund
Nigeria has cancelled $717.7 million in undisbursed funding under a World Bank-supported electricity reform programme, dealing another blow to efforts ...
PEEMADI Backs Kogi Electricity Reform With Technical Support
The Power Equipment and Electrical Machinery Development Institute (PEEMADI) has pledged to support the ongoing electricity sector reforms in Kogi ...
Millions of Nigerians Still Without Prepaid Meters – NERC
Nigeria’s electricity sector is still facing a major metering challenge, as more than five million electricity users remain without prepaid ...
Nigeria’s Metering Gap Persists Despite 241,000 New Electricity Meters Installed
Nigeria’s electricity distribution companies (DisCos) installed more than 241,000 electricity meters within the first two months of 2026 as efforts ...
Transcorp Declares N20.3bn Dividend as Profit Rises in 2025
Transnational Corporation Plc (Transcorp) has announced a total dividend payout of N20.3 billion to shareholders following a strong financial performance ...
