National Grid Collapses, Plunges Nigeria into Darkness
Nigeria's national grid collapsed on Monday, December 29, 2025, causing widespread blackouts. Power generation crashed from over 2,000MW to just 140MW. Read the full details and impact.
Category : Search result: Geregu Power Plc
Otedola Sells Geregu Power Stake for N1.088 Trillion
Nigerian billionaire Femi Otedola has sold his controlling stake in Geregu Power Plc in a landmark N1.088 trillion transaction. Discover the details and implications of this major shift in Nigeria's energy sector.
Nigeria's National Grid Collapses, Power Drops to 139MW
Nigeria's national power grid collapsed on Monday, December 29, 2025, causing a nationwide blackout after generation crashed from 4,800MW to 139MW. Get the full report.
Nigeria's Power Grid Collapses, Supply Drops to 50MW
Nigeria's national electricity grid collapsed on Monday, December 29, 2025, causing a nationwide blackout. Only two distribution companies received power. Read for details and restoration updates.
Universal Insurance Gets BBB- Rating from Agusto & Co
Agusto & Co assigns a BBB- rating with a stable outlook to Universal Insurance Plc, citing strong 2024 results, robust solvency, and improved profitability. Discover the key figures behind the rating.
FG, RSE Energy Partner on Embedded Power for Industries
The Federal Government partners with RSE Energy to deploy off-grid power for industrial clusters, starting with Idu. This aims to cut costs, boost productivity, and enhance Nigeria's industrial competitiveness. Read more.
Nationwide Power Outage: Minister Gives 48-Hour Update
Minister of Power Adebayo Adelabu announces gas pipeline repairs will restore electricity nationwide within 48 hours. Read the full details on the grid collapse and regional impacts.
Lafarge Africa Unveils 'Beyond Buildings' Infrastructural Campaign
Lafarge Africa Plc premieres its 'Beyond Buildings' campaign, highlighting over six decades of contributions to Nigeria's infrastructure, job creation, and community development. Discover the legacy.
Fubara Commissions Road, Calls for Peace in Rivers
Governor Siminalayi Fubara commissions the Emohua-Ogbakiri-Egbelu Road, urging peaceful coexistence for state-wide development. Julius Berger completed the project 3 months early.
Conoil Posts 60.5% Revenue Surge, Declares Dividend
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
Conoil Pays ₦2.43bn Dividend to Shareholders for 2024
Conoil Plc announces a massive ₦2.428 billion dividend payout for 2024, rewarding shareholders with 350 kobo per share. Discover how the company achieved 60.5% revenue growth amidst Nigeria's economic challenges.
Jubaili Bros Leads Nigeria's Sustainable Energy Transition
Jubaili Bros, a key player in Nigeria's power sector, is driving the transition to sustainable energy with solar-hybrid systems and strategic partnerships. Discover how they are redefining reliable power.
Bodo-Bonny Road Temporarily Opened for Christmas Travel
President Tinubu has ordered the temporary opening of the 35.7km Bodo-Bonny Road to ease festive travel. The road will operate daily from 7 am to 7 pm, with restrictions on heavy vehicles. Read more.
Awele Elumelu to Chair Transcorp Hotels Board
Transcorp Hotels Plc appoints Dr Awele Vivien Elumelu as its new Board Chair effective January 1, 2026. Discover her vision for innovation and growth in Nigeria's hospitality sector.
IBPlc Unveils New Budweiser Royale Beer in Lagos
International Breweries Plc (IBPlc) has launched its new flagship beer, Budweiser Royale, in Nigeria. The event in Lagos featured top executives and a campaign promoting confidence and achievement. Discover the brand's vision.
Lafarge Trains 100 Persons with Disabilities in Lagos
Lafarge Africa Plc, with partners LSETF and Tunde Onakoya, celebrates beneficiaries of its Disability-to-Ability programme, training 100 PWDs in Lagos for self-reliance. Read more.
Folarin wins 11th Alake Golf Tournament in Abeokuta
Dayo Folarin emerged victorious at the 11th Alake Golf Tournament in Abeokuta, defeating over 130 players. Discover all the winners and highlights from the prestigious event.
FG to Pay N185bn Gas Debt to Improve Power Generation
President Tinubu approves N185bn payment to gas producers to restore supply, boost electricity generation, and rebuild investor confidence in Nigeria's power sector.
3-Hour Power Outage in Anambra This Sunday
FirstPower announces a planned 3-hour power outage in parts of Anambra on Sunday, Dec 7, for a critical transformer upgrade. Details on affected areas and the reason behind the service disruption.
Reclaiming Sanity: A Call for Responsible Leadership
Public affairs enthusiast Yinka Rahman calls for a sane Nigeria through visionary leadership, functional institutions, and citizen accountability. The future demands action.
DisCos Exposed: Power Firms Fail Nigeria, Focus on Revenue
An insider reveals how DisCos like AEDC fail to deliver power, neglect infrastructure, and focus solely on revenue. The Senate declares privatization a failure. Read the full exposé.
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
Power Outage Cripples Life in Adamawa, Taraba
A planned week-long power outage in Adamawa and Taraba states disrupts daily life and businesses. Residents face darkness as YEDC conducts critical maintenance. Read more.
FG Launches Committee for Reliable Power in Health Facilities
The Federal Government has inaugurated a committee to ensure sustainable electricity in all health facilities. This move aims to save lives and improve healthcare delivery nationwide.
Edo Land Revocation Sparks Investor Nightmare
The alleged revocation of Presco Plc's C of O by the Edo State government risks billions in agro-investments and 15,000+ jobs. Will political moves derail the state's economic growth? Read more.
Abia's 2027 Power Tussle: Otti, Kalu, Umahi, Kalu Vie for Tinubu
A fierce political battle is raging in Abia State as Governor Alex Otti, Deputy Speaker Benjamin Kalu, Senator Orji Uzor Kalu, and Minister Dave Umahi compete for President Tinubu's support. This rivalry threatens governance and early 2027 electioneering.
Transafam Unveils Health Programme for Host Community Elders
Transafam Power Limited has launched an annual Elderly Wellness Day in Okoloma-Afam, Rivers, providing medical care and supplies. The initiative underscores its commitment to community health beyond power generation.
Reps query Azura Power over N18bn undisclosed payments
House of Representatives committee demands explanation from Azura-Edo IPP for failing to disclose over N18bn received from NBET in 2023. Full investigation into power sector spending continues.
Taxtech: New Law Raises Low-Income Spending Power
Taxtech explains Nigeria's new progressive tax law: minimum wage earners pay zero tax, low-income workers see lower rates, boosting purchasing power. High earners pay more.
DisCos Record N45b Revenue Shortfall in September 2025
NERC data reveals electricity distributors collected N196.26b of N241.54b billed in September 2025, creating N45.28b shortfall. Collection efficiency improved to 81.25%. Discover which DisCos performed best.
Page 1 of 4