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Power - Page 7

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

Nigerian Electricity Regulatory Commission (NERC) has announce reduction of electricity tariff for band A customers from N225 per kilo watt hour (kWh) to N206.8kWh with effect from May 2024.

News·Power

National Power Grid Fully Restored After Partial Collapse – TCN

The Transmission Company of Nigeria (TCN) says the national power grid has been fully restored after the partial collapse that occured on Saturday. According to a statement signed by the TCN General Manager Public Affairs, Ndidi Mbah, the grid was restored at

July 7, 2024

News·Power

Nigeria In Total Blackout As Grid Collapses Again

Nigeria’s national power grid has collapsed again, throwing the country into total blackout. Checks by Prime Business Africa correspondent reveal that the national grid collapsed around 3 pm on Saturday. A check on the website of the Nigeria Electricity System Operator, an

July 6, 2024

Business·News·Power

NERC: How DisCos Will Access N21bn Electricity Metering Fund

NERC has approved N21 billion for electricity Distribution Companies (DisCos) in the country to provide meters for customers.

June 22, 2024

News·Power

Nationwide Blackout: Aba Power Expresses Surprise

Aba Power, Nigeria’s newest electricity distribution company, has expressed surprise that a part of its coverage area was affected by the nationwide shutdown of electricity services by the country’s labour unions pressing for an increased national minimum wage and the withdrawal of

June 4, 2024

Grid Collapse: TCN Installs System For Real-time Monitoring Of Power Grid Performance

News·Power

Nigerians Grapple With Total Blackout As NLC Shuts Down National Grid Over Strike

Electricity workers in Nigeria have shut down the National Grid, resulting in blackout across the country.

June 3, 2024

Aba Power Gives Out Over 22,000 Prepaid Meters In 6 months, Pledges More Rollout

News·Power

Aba Power Gives Out 22,000 Prepaid Meters In Six Months, Pledges More Rollout

Aba Power Limited, Nigeria’s youngest electricity distribution company, has given out over 22,000 smart prepaid meters in six months.

June 1, 2024

Why Aba Power Ringfence Is Not Affected By National Grid Collapse

News·Power

Aba Power Adjusts Tariff, Still Remains Lowest In Nigeria

Aba Power Ltd has announced adjustment of its electricity tariff for band A customers. This is coming two months after other 11 electricity distribution companies did so due to the prevailing economic situation in Nigeria. Aba Power Managing Director, Ugo Opiegbe, who

May 30, 2024

News·Power

Sahara Power Group, Pan-Atlantic University Join Forces To Boost Human Capital In Power Sector

Sahara Power, a privately owned integrated power company, has signed a Memorandum of Understanding with Pan-Atlantic University (PAU) to boost human capital in the power sector

May 23, 2024

News·Power

Electricity Consumers Hail Aba Power For Maintaining Old Tariff

Electricity Consumers Assocation of Nigeria (ECAN) has commended Aba Power for maintaining the 2023 electricity tariff even when every other power distribution company (DisCo) in Nigeria has increased the amount paid by Band A customers

May 14, 2024

News·Power

Gas Supply Disruption Forces Aba Power To Pay ₦2bn For 25MW To serve Customers

Disruption of gas supply to Aba Power has affected its power supply to people in parts of the nine local government areas in Abia State where it is serving, forcing the company to pay ₦2 billion for only 25 megawatts, Prime Business

May 14, 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 7

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

National Power Grid Fully Restored After Partial Collapse – TCN

Nigeria In Total Blackout As Grid Collapses Again

NERC: How DisCos Will Access N21bn Electricity Metering Fund

Nationwide Blackout: Aba Power Expresses Surprise

Nigerians Grapple With Total Blackout As NLC Shuts Down National Grid Over Strike

Aba Power Gives Out 22,000 Prepaid Meters In Six Months, Pledges More Rollout

Aba Power Adjusts Tariff, Still Remains Lowest In Nigeria

Sahara Power Group, Pan-Atlantic University Join Forces To Boost Human Capital In Power Sector

Electricity Consumers Hail Aba Power For Maintaining Old Tariff

Gas Supply Disruption Forces Aba Power To Pay ₦2bn For 25MW To serve Customers

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