Category : Search result: electricity supply Nigeria


Nigeria's Money Supply Reaches N119 Trillion

Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

Ekiti Govt Approves N8.78bn for Infrastructure

Ekiti State Government has approved N7.72bn for road networks around the new Ado-Ekiti flyover and N1.06bn for electricity extension to underserved communities to boost the economy.

Nigerian-Led Aegis AI Wins Global Supply Chain Award

Dr. Joshua Denila's Aegis AI wins IoT in Supply Chain Award at 2025 ITC Go Global Awards for transforming global trade with AI and IoT technology. Discover how this innovation boosts supply chain security.

China's Rare Earth Control Shapes US Trade Relations

China's decades-long strategy to dominate rare earth minerals gives Beijing crucial leverage in ongoing trade negotiations with the United States. Discover how this impacts global technology and defense sectors.

Cross River & REA Tackle Rural Power Crisis

Cross River State and REA launch clean energy partnership to end electricity blackouts affecting 15 LGAs. Initiative aims to transform rural economies and reduce generator dependency.

EEDC Denies Imo Power Outage Sabotage Allegations

EEDC refutes Imo State's claim of a planned massive power outage, calling it propaganda. The company urges the government to enable, not frustrate, its operations. Read the full details.

Ghanaian shocked by Nigeria's power outages

A Ghana-based fashion designer reveals shocking electricity problems in Nigeria during her visit. Lights go off 5 times daily, neighborhoods noisy from generators. Read her full experience.

Rice Prices Drop 40% in Nigerian Markets

Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.

Manufacturers Spend N676.6bn on Power Generators

Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.

Nigeria's Power Grid Operates at 40% Capacity

Nigeria's electricity crisis deepens as power plants generate only 5,000MW despite 13,000MW capacity. Transmission failures and DisCo inefficiencies blamed for the massive gap.

Reps Launch Probe Into Power Sector Failures

The House of Representatives vows to fix Nigeria's electricity crisis, launching a major investigation into 17 years of sector failures and proposing a new bill to combat energy theft.

Nigeria to earn $1bn from electricity exports

Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.

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