Federal Government has revealed that N8.8 billion has been spent to repair and restore power transmission towers across Nigeria that were destroyed by vandals and bandits....
Federal Government has secured a $500 million loan from the World Bank to address the problems faced by the 76 Distribution Companies (DisCos), the Bureau of...
Sun International Limited, run by Anthony Leeming, South African entrepreneur, has agreed to sell its Nigerian interests to Rutam Finance Company Limited (RFC) for roughly $14.4...
Federal Government has threatened to revoke the licences of power Distribution Companies over epileptic power supply across the country. The Minister of Power, Adebayo Adelabu, made...
Nigeria’s electricity supply crisis could worsen from Wednesday (today) as the organised labour has directed workers in the power sector to down tools and commence an...
Nigeria is in talks with four West African countries to sell unused Electricity to them through a planned $570 million Northcore Power Transmission Line. Authorites believe...
High Court of the Federal Capital Territory has ordered Mr Usman Gur Mohammed, managing director of the Transmission Company of Nigeria (TCN), to appear before it...
Federal government is considering repossession of 10 electricity distribution firms as one of the options to rescue the nation’s beleaguered electricity industry. According to the...
Federal Government yesterday officially handed over the electricity trading point meters to market participants in the nation’s power sector. The handing over ceremony, which was done...
As an update to the earlier reports of looming nationwide power cut, the management of Transmission Company of Nigeria (TCN), Lagos region, has identified some towns...
