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Nigeria’s Power Generation Drops by 1.64% in March 2025

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Transmission Line Cut Disrupts Bulk Electricity Supply To Lagos, Says TCN

The failure has led to a reduction of approximately 350 megawatts in bulk power supply to Lagos, significantly impacting customers under the Eko and Ikeja Electricity Distribution Companies. The Transmission Company of Nigeria (TCN) has confirmed a major disruption to electricity supply in Lagos following a transmission line cut. According to a statement issued by […]

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One Jailed For Vandalising Kaduna Electric Equipment

Kaduna Electric has secured the conviction of one Ibrahim Mohammed, who was found guilty of vandalizing the company’s electricity installations in Gidan Daji community, Kaduna. The Chief Magistrate,  Court 2, Daura Road, Kaduna, sentenced the culprit to a 12-month prison term.  Besides, the court also ordered him to pay ₦1,500,000 as compensation to Kaduna Electric […]

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Africa needs partnerships, not loans, to tackle energy crisis —Lokpobiri

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated that Africa does not need loans but rather strategic partnerships and investments to address energy poverty and drive economic growth on the continent. Lokpobiri made this statement on Tuesday in Abuja, at the 8th edition of the Nigeria International Energy Summit (NIES 2025), […]

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A redefining year for NESI

Wider participation in the Nigerian Electricity Supply Industry (NESI) are expected this year with the maturation of different states’ electricity commissions and sub-companies and involvement of eligible and bilateral customers, reports JOHN OFIKHENUA. To a large extent, in 2025, the success and failure of the Nigerian Electricity Supply Industry (NESI) would depend essentially on the security of […]

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2025: Power sector reforms needed to fast track economic growth — Rewane

Renowned economist and Chief Executive Officer of Financial Derivatives Company Limited, FDC,  Bismarck Rewane, in this interview shares his outlook   for the economy   in 2025. Among other things he explains why Nigerians can’t have inflation that is lower than 25%   in 2025. He also highlights factors that will help the Naira appreciate to N1,550/$ and the imperative […]