Niger Secures $150m IsDB Loan for 100MW Solar Plant
Niger has secured a $150 million loan from the Islamic Development Bank to construct a 100MW solar power plant, aiming to boost renewable energy capacity and electricity access in the country.
Category : Energy Power
All On @10 Hackathon Empowers Youth for Clean Energy
All On's 10th-anniversary Hackathon in Lagos inspired young innovators; Team 'Current Creators' from UNILAG, LASU, and YABATECH won with ColdLink, a digital platform optimizing renewable energy cold-chain logistics.
MOJEC Meter Codes and Troubleshooting: Fix Failed Messages
Learn MOJEC meter codes and troubleshooting steps to fix failed messages, error codes like Error 1, 2, 3, 6, 10, 12, and reset procedures for AEDC and Ikeja Electric prepaid meters.
FG Dismisses Electricity Tariff Hike Rumors 2026
Nigeria's federal government denies planned electricity tariff increase in 2026, clarifying remarks by presidential adviser Sadiq Wanka on cost-reflective tariffs and the Power Consumer Assistance Fund.
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Dangote Refinery Explains Return to Naira Fuel Sales
Dangote Refinery blamed fuel importers for withholding supply, prompting its return to naira petrol sales at N1,215 per litre to avert shortage.
Top NGX Stocks for August 2026 Amid Oil Rate Pressures
Investors eye Nigerian Exchange stocks for August 2026 as oil volatility and interest rate hikes shape market opportunities. Experts recommend defensive sectors.
Obi: 24-Hour Power in Four Years Impossible
Peter Obi argues that achieving 24-hour electricity in Nigeria within four years is unrealistic, citing infrastructure and funding challenges.
Atiku Accuses Tinubu of Finally Adopting His Power Sector Vision
Atiku Abubakar says Tinubu administration spent three years worsening Nigeria's power crisis before adopting a decentralized generation policy he championed since 2003.
FG Plans RESCOs to Compete with DisCos as 19 States Seek Stable Power
The Federal Government will license Renewable Energy Service Companies to compete with DisCos, as 19 states pursue stable power through interconnected mini-grids, says REA MD Aliyu.
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US and Saudi Arabia to Announce 30-Year Nuclear Deal
The Trump administration will announce a 30-year civilian nuclear agreement with Saudi Arabia, allowing US companies to operate plants and possibly including uranium enrichment rights, raising security concerns.
FG Launches N729 Billion Bond for Power Debt Reduction
The Federal Government launches a N729 billion bond to finalize the second phase of power sector debt reduction, targeting legacy debts owed to gas suppliers and generators.
FG pays N333bn to GenCos, issues N729bn bonds for power sector
The Federal Government has paid N333 billion to eight GenCos and issued N729 billion in bonds to settle debts and boost liquidity in Nigeria's power sector.
FG, NASS Pledge Support for Multi-Tier Electricity Market
The Federal Government and National Assembly reaffirm commitment to harmonised regulations for a multi-tier Nigerian electricity market, stressing complementary roles for federal and state regulators.
Aradel Holdings Wins Two Top Honours at 2026 NOG Energy Awards
Aradel Holdings Plc won the Energy Excellence Award and its CEO Adegbite Falade received the Lifetime Achievement Award at the 2026 NOG Energy Awards.
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Explosion at Enugu substation causes power outage
An explosion at MainPower Electricity Distribution Company's injection substation in Gariki, Enugu, has caused power outages in multiple areas. The company is working to restore supply.
TCN Announces 2-Day Power Outage in Six Northern States
The Transmission Company of Nigeria (TCN) has announced a two-day electricity outage in six northern states for critical maintenance work, affecting Bauchi, Gombe, Yobe, Borno, Adamawa, and Taraba.
Tinubu Approves Lagos-Ibadan Expressway Reconstruction
President Tinubu approves reconstruction of Lagos-Ibadan Expressway using reinforced concrete pavement and extends Fourth Legacy Highway by 400 km to Taraba State.
NUPRC to Announce Winners of 50 Oil and Gas Blocks
The NUPRC will announce successful bidders for 50 oil and gas blocks on July 21, 2026, concluding the 2025 Licensing Round expected to attract $10 billion in investment.
Kuwait Lists 52 Countries for Visa on Arrival
Kuwait released a list of 52 countries whose citizens can obtain a tourist visa on arrival. The visa is valid for 30 days, allowing stays up to 90 days.
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Nigeria Launches Tech-Health Hub in Hadejia
Nigeria inaugurates the Bola Ahmed Tinubu Academy and Senator Oluremi Tinubu Clinic in Hadejia, integrating digital innovation with healthcare to boost development.
Dangote Cuts Petrol Price by N1 as Diesel Costs Jump in Lagos
Dangote Refinery reduced petrol price by N1 to N1,075/litre while diesel prices rose by N40 in Lagos. Global crude oil surged to $79.59/barrel, raising concerns of future fuel price hikes.
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South Korea unveils $1.2 trillion AI and chip investment plan
South Korea announces a $1.2 trillion public-private investment in AI data centres and semiconductor manufacturing, led by Samsung and SK hynix, to boost global tech leadership.
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Out There Media and Pulse Africa Form Digital Ad Superpower
Out There Media and Pulse Africa partner to create a digital advertising superpower across Africa, combining Mobucks™ technology with Pulse's local execution to reach 300M subscribers.
TCN Shuts Down Power Supply in 5 Nigerian States for Maintenance
Millions face electricity disruption as TCN shuts down supply in 5 northern states for planned maintenance at Kumbotso substation, affecting Kano, Katsina, Jigawa, Bauchi, Yobe, and Gazaoua in Niger Republic.
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China launches 10G internet: How Nigeria compares
China launches world's first commercial 10G broadband network with 10 Gbps speeds, downloading HD movies in seconds. Nigeria still expanding 5G and fibre, with 10G a long-term goal.
Earthquakes Kill 32, Injure 700 in Venezuela: State of Emergency
Two powerful earthquakes in Caracas, Venezuela, have killed at least 32 people and injured over 700. Acting President Delcy Rodriguez declared a state of emergency and closed the airport.
Stakeholders Discuss Sustainable Growth at Summit
ESG Impact Consulting announces the 2026 Nigeria ESG Sustainability Summit on July 3 at Lagos Oriental Hotel, focusing on integrating ESG principles across sectors for sustainable development.
TranESS Unveils New Industrial Energy Storage Solutions
TranESS launches innovative energy storage solutions in Lagos, including DYQUE 125kW/241kWh system, to boost energy resilience and reduce costs for Nigerian businesses.
Binatone BPS 2400: Reliable Backup Power Station
The Binatone BPS 2400 Portable Power Station offers 2400W capacity, app connectivity, solar charging, and a 12-year LiFePO4 battery. Perfect for work, home, and small businesses during outages.
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GenCos Warn of Fresh N1 Trillion Debt, Stranded Power
Power generation companies in Nigeria raise alarm over looming N1 trillion debt and stranded capacity exceeding N2.376 trillion, urging government intervention to stabilize the sector.
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