Nigeria Loses Up to N8bn Monthly to Transmission Inefficiencies, Says NISO Boss
The Managing Director and Chief Executive Officer of the Nigerian Independent System Operator, Abdu Bello, has revealed that Nigeria’s power ...
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Tag: #NigeriaPowerSector
FG’s N3.3tn Power Sector Debt Settlement Plan Sparks Controversy as GenCos Deny Receiving Payments
Fresh controversy has emerged over the Federal Government’s renewed approval of N3.3tn to settle longstanding debts in Nigeria’s power sector, ...
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FG Targets 5.2 Million New Electricity Connections by June 2026 Under $750m World Bank Project
The Federal Government of Nigeria is targeting the connection of 5.2 million Nigerians to electricity by June 2026 under a ...
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Power Sector Reforms Attract $2bn Investment as Government Cuts Liabilities to N146bn
The Federal Government has announced that sweeping reforms in Nigeria’s power sector are beginning to produce measurable results, with improvements ...
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President Tinubu Inaugurates Committee to Launch Grid Asset Management Company (GAMCO)
President Bola Tinubu has inaugurated an 11-member committee to drive the establishment of the Grid Asset Management Company Limited (GAMCO), ...
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Lagos Stakeholders Urge Increased Investment to Strengthen Nigeria’s Power Sector
The Lagos State Government and the Lagos Chamber of Commerce and Industry (LCCI) have called for significant new investments in ...
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Nigeria Projects Nearly $1bn Annual Revenue from Electricity Exports by 2026
The Federal Government is projecting nearly $1bn (about N1.49tn) in annual revenue from electricity exports to 15 West African countries ...
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GenCos Warn Against Grid Disconnection, Demand Immediate Payment of Revenue
The Chief Executive Officer of the Association of Power Generation Companies (APGC), Joy Ogaji, has warned against threats to disconnect ...
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FG, World Bank Partner on $500m Facility to Boost Power Sector, Roll Out 3.2m Meters
The Federal Government has announced plans to work with the World Bank to secure a $500 million facility aimed at ...
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FG Summons States, DisCos Over Escalating Tariff Regulation Dispute
The Federal Government has intervened in the ongoing face-off between state governments and electricity distribution companies (DisCos) over tariff regulation, ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.