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Nigeria has cancelled $717.7 million in undisbursed financing under the World Bank-backed Power Sector Recovery Performance-Based Operation (PSRO), dealing a ...
Read moreThe Federal Government of Nigeria (FGN) has cancelled $717.7m in undisbursed financing from the World Bank for Nigeria’s struggling electricity ...
Read moreElectricity distribution companies (DisCos) in Nigeria generated a total of N196 billion in revenue in February 2026, according to the ...
Read moreThe Federal Government, through the FGN Power Company, is intensifying efforts to strengthen electricity infrastructure in Ebonyi State and Enugu ...
Read moreNigeria’s electricity distribution companies have remitted a total of N77.99 billion to the market in the fourth quarter of 2025, ...
Read moreThe Managing Director and Chief Executive Officer of the Nigerian Independent System Operator, Abdu Bello, has revealed that Nigeria’s power ...
Read moreFresh controversy has emerged over the Federal Government’s renewed approval of N3.3tn to settle longstanding debts in Nigeria’s power sector, ...
Read moreThe Federal Government of Nigeria is targeting the connection of 5.2 million Nigerians to electricity by June 2026 under a ...
Read moreThe Federal Government has announced that sweeping reforms in Nigeria’s power sector are beginning to produce measurable results, with improvements ...
Read morePresident Bola Tinubu has inaugurated an 11-member committee to drive the establishment of the Grid Asset Management Company Limited (GAMCO), ...
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