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Power - Page 6

Geregu Power Appoints Abdulaziz Yari Chairman as Otedola Exits After Major Ownership Change

Geregu Power Plc has announced a significant change in its board and ownership structure following the resignation of billionaire investor Femi Otedola as chairman after he divested his controlling stake in the company, Prime Business Africa reports. The development was disclosed in

December 30, 2025

News·Power

TCN Unveils $56m SCADA System To Curb Power Grid Collapse

The Transmission Company of Nigeria (TCN) has unveiled a new Supervisory Control and Data Acquisition (SCADA) system to boost automation of the national grid’s management and control. TCN conducted a demonstration of the new SCADA system on Wednesday, 18th September at the

September 19, 2024

Electricity Tariff Hike: NERC Fines Abuja DisCo ₦200m For Violation, Directs Customer Refunds

Business·Power

Abuja DisCo To Pay N1.69bn Fine For Overbilling Customers

The Nigerian Electricity Regulatory Commission (NERC), has mandated the Abuja Electricity Distribution Company (AEDC), to pay a fine of N1.69 billion for over-billing customers and failing to comply with estimated bill caps. This comes five months after NERC imposed a fine of

September 14, 2024

News·Power

Our Quest Is To Make Abia Nigeria’s Power Hub – Nnaji

Former Minister of Power and chairman of the Geometric Power, Professor Bart Nnaji, has said Abia State can become Nigeria’s power hub. Nnaji stated this when he received a team of international electricity consultants at the company’s head office in the Osisioma

September 13, 2024

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

Opinion·Power

Irony: Rising Electricity Generation And Fear Of More Grid Collapse

The Ministry of Power has announced a record high of 5,313 megawatts in Nigeria’s power generation as of 3rd September 2024. This marks the first time in three years that the national grid has achieved such a milestone. Though far from enough

September 10, 2024

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

News·Power

Power Generation Hits 3-year High At 5,313MW

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu. The minister disclosed this while speaking at an event in Beijing, China on the eve of the opening ceremony of

September 4, 2024

Business·Power

Nigerian Govt Set To Invest $800m In Power Sector, Targets 6,000 Megawatts

The Nigeria government has announced plans to invest $800 million into the power sector to upgrade infrastructure and boost supply across the country. Minister of Power, Bayo Adelabu, said the money will specifically be released for the construction of substations and distribution

September 1, 2024

News·Power

Gas Supply Constraint Forces Geometric Power To Import 25MW To Serve Customers

Geometric Power has lamented the acute shortage of natural gas supply to its 188-megawatt plant in Osisioma Industrial Estate, Aba, Abia State. Highlighting the impact on economic growth in Abia State, the power firm said the situation has forced its subsidiary, Aba

August 29, 2024

6 States Gets Authority To Regulate Electricity Market - NERC

News·Power

6 States Get Authority To Regulate Electricity Market – NERC

The Nigerian Electricity Regulatory Commission (NERC) says six states have been granted the authority to regulate their electricity markets. The states are Enugu, Ekiti, Ondo, Imo, Oyo, and Edo. This was made known in a statement posted on the Commission’s X handle

August 27, 2024

Ezekwesili Backs JAMB Sanctions Against Mmesoma Over UTME Result Forgery

News·Oil & Gas·Power

We Need Total Deregulation Of Petroleum Sector Not Only Subsidy Removal – Ezekwesili

Former Nigeria’s Minister of the Education, Dr Oby Ezekwesili, called for a complete deregulation of the country’s petroleum sector, insisting that removal of subsidies is not enough. She said that overtime, experience has shown that merely changing the prices of petroleum products

August 21, 2024

News·Power

Nigerians In Blackout As Power Grid Collapses Again

Nigeria’s electricity grid has collapsed again, plunging some parts of the country into darkness. Checks by Prime Business Africa on the Independent System Operators website showed that the total generation on the grid crashed to 00:00:00 at 1:33 pm on Monday, 5th

August 5, 2024

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GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

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Power - Page 6

Geregu Power Appoints Abdulaziz Yari Chairman as Otedola Exits After Major Ownership Change

TCN Unveils $56m SCADA System To Curb Power Grid Collapse

Abuja DisCo To Pay N1.69bn Fine For Overbilling Customers

Our Quest Is To Make Abia Nigeria’s Power Hub – Nnaji

Irony: Rising Electricity Generation And Fear Of More Grid Collapse

Power Generation Hits 3-year High At 5,313MW

Nigerian Govt Set To Invest $800m In Power Sector, Targets 6,000 Megawatts

Gas Supply Constraint Forces Geometric Power To Import 25MW To Serve Customers

6 States Get Authority To Regulate Electricity Market – NERC

We Need Total Deregulation Of Petroleum Sector Not Only Subsidy Removal – Ezekwesili

Nigerians In Blackout As Power Grid Collapses Again

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