Category : Search result: Power Sector Bond


Tinubu Names New NERC Board, Oseni as Chairman

President Bola Tinubu has reconstituted the NERC board with Dr. Mulisiu Oseni as Chairman. The new team is tasked with implementing the Electricity Act 2023 to transform Nigeria's power sector. Read the full details here.

IBEDC Blames Outages on Reduced Grid Supply

IBEDC apologises for prolonged power outages in Oyo, Ogun, Osun, and Kwara, citing reduced allocation from the national grid. The company is engaging with TCN for a solution. Read more.

IBEDC Blames Power Outages on Reduced Grid Supply

IBEDC attributes prolonged power outages in its franchise area to reduced allocation from the national grid. The company is engaging TCN for a solution while cracking down on energy theft.

House of Reps Intervenes in Dangote, NMDPRA Dispute

The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.

Nigeria starts N185bn gas legacy debt repayment

The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.

Kwara North Aspirants Unite for 2027 Governorship Bid

Political aspirants from Kwara North Senatorial Zone have united to strategize for producing the state's next governor in 2027. They urge unity and commend traditional rulers from other zones for their support.

N185bn Approved to Settle Gas Debts for Power Boost

The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.

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.

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.

Nigeria's Economy Grows 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.

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.

Nigeria's GDP Hits 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.

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